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A List Of Top B2B Websites That Can Help You Accomplish Your Business Goals!

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B2B Websites

The world around us is continuously evolving and growing into a more advanced version of itself. The fields of technology, telecommunication, business, and trade are predominantly progressive and they prolifically influence the rest of the world, making it evolve along with themselves. Businesses specifically helps the world grow and need to keep growing and expanding in order to survive in the competitive environment of global markets developed due to convenient trading options.

Seemingly, competitive markets are a problem for the businesses that has developed due to the progress of trade and other involved factors. However, this problem can easily be resolved with the advanced options created by the technological development. For instance, businesses can now reach out to the maximized range of their targeted buyers with the help of different tools that technology has invented. Some of the tools help cater local buyers whereas some can help businesses reach out to international buyers as well.

One of the tools that can help businesses in reaching out to the international clients is B2B sites. Business to business sites are a commercial websites that connect buyers with sellers. Using these sites can turn a small vendor into a big international firm who could supply their products to an alien country located at another end of the world. Buyers, on the other hand, can come to meet wholesalers and suppliers who provide them with products that are not available in their local markets.

Businesses who want to have an exposure to the international clients can use these B2B platforms and expand their target area. Accessing these markets is not a difficult task and any business can do that regardless of its size or category. Here is a list of a few business-to-business websites that a business can opt for in order to accomplish its business goals.

eBay

An established name in the realm of B2B is eBay. It has been around for a long time and is known as an online retailer internationally. The site is a good b2b platform as well and caters b2b buyers with a variety of different product suppliers registered on it from across the globe. Businesses can get a hold of bulk quantities of home appliances, dresses, furniture, toys, and many other stuff.

Etsy

Etsy is one of the online platforms that provides its buyers with everything from gift items to an exotic teak wood table. The site has many products that offer customization for the buyers who want unique and antique items. Product categories include craft supplies, home appliances, clothing, furniture, and so on.

Amazon

Amazon is one of the most famous b2b sites with a high rate of website traffic. The site offers both retail buying options as well as wholesale purchasing. The site is known for its amazing deals that it offer specifically to its business clients. The site offer many benefits to its loyal clients and one of them is the exemption of tax. It also support businesses that are ran by multiple partners by allowing its clients to make accounts that can work with multiple users. Every user can see the transactions and records of the account and approve or disapprove the purchasing. A business that wants to grow fast can utilize Amazon and similar B2B sites with ultimate reaching and expand its business network within days.

Alibaba

Alibaba is relatively a new site in the b2b category. However, the site has expanded itself within a few years and now it has a reach in the international markets with growing profits every year. The site is designed to bridge the distance between Chinese manufacturing markets and the international trade. That is, the site has a large number of Chinese manufacturers and suppliers registered on it whereas the buyers come from all over the world. Alibaba is one of the most prolific site when it comes to wholesale. It can provide a buyer with a number of different verified manufacturers and suppliers who offer wholesale rates for their products along with delivery options.

eWorldTrade

eWorldTrade is also a b2b site that can help small businesses grow into giant corporations with an international exposure. The site is focused on wholesale market and the suppliers belong to a diversified number of countries and regions. A buyer can come to the site and contact different vendors and suppliers including industrial machinery manufacturers and fabric designers, within minutes. The site has everything from electronic items for the households to gardening material in wholesale. You can check out different suppliers and choose the one who offers a lowest price. There are pictures of products that you can check.

The businesses can approach these b2b sites as a wholesale buyer, a wholesale supplier, or a retail supplier. Moreover, checking out different sites before buying a particular product can help businesses have an idea of the wholesale prices of the products. These sites can help in a number of ways depending on the type of the business.

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Edinburgh Frankie and Benny’s branches among four city restaurants believed to be permanently closing after lockdown

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The Evening News has seen an email sent to staff at Frankie and Benny’s and Chiquito outlets in Fountain Park and the Frankie and Benny’s and Filling Station eateries in the Omni Centre, saying redundancies will begin from next Monday.

The branches are owned by Restaurant Group, one of the country’s biggest restaurant operators.

A former Frankie and Benny’s employee at one of the affected Edinburgh branches estimates that between 50 and 60 jobs could be affected in total.

The former staff member, who does not want to be named, says they have been shown emails from people working in all four of these restaurants confirming their closure, including from general managers.

The email, from the company’s ‘people director’ Jacqui McManus, says that while they are keen to reopen as many restaurants as possible this year, a “large number of locations are no longer viable and will remain closed permanently.”

The email said proposed closures were announced last year and again in February during a results presentation, with Covid-19 now “significantly impacting” the company’s ability to trade profitably.

It continues: “We need to advise you that we have taken the tough decision to permanently close the restaurant you work in.

“We are proposing to commence a redundancy process across our closed businesses from Monday 8th June, we will contact you again to confirm the timings for your restaurant and also outline the full process and next steps.

“This decision does not by any means reflect your performance within the company and we appreciate your loyalty and commitment to the business. We will do our upmost to ensure you are fully supported during this very difficult time.”

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Coronavirus impact to push Carnival and easyJet out of FTSE 100

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EasyJet and cruise operator Carnival are set to lose their place in the FTSE 100 index of the UK’s biggest companies following the collapse in their share prices due to the coronavirus pandemic’s impact on the travel industry.

The budget airline has lost half of its market value since the start of the pandemic as almost all flights have been cancelled, and the aviation industry warns it will take years to convince people to take to the skies in the same numbers they did before the virus struck. EasyJet last week announced plans to cut 4,500 jobs, although it plans to restart flights on the majority of its routes this summer.

Carnival, the world’s largest cruise operator, has seen its shares drop by 70% since the start of the year. The cruise industry has been among the worst-affected sectors as several ships were hit by outbreaks of infection, and some cruises have been cancelled until at least October.

EasyJet and Carnival are expected to be joined in relegation by Centrica, the UK’s largest energy supplier, and engineering company Meggitt.

They will be replaced by companies in the ‘second division’ FTSE 250 which have seen their market values leapfrog those at the bottom of the bluechip FTSE 100 index.

Those jostling for promotion are GVC, the gambling company that owns Ladbrokes and Bwin; cybersecurity firm Avast; Kingfisher, the group that owns B&Q and Screwfix; home repairs company Homeserve; and medical equipment supplier ConvaTec.

Under the FTSE 100 index’s rules, a company is automatically relegated if it falls below 111th place among qualifying companies on the London Stock Exchange at the end of each quarter. Promotion is given to FTSE 250 companies that rise to 90th position or above.

The latest quarterly calculations are based on the closing share prices on Tuesday 2 June, and announced officially by FTSE Russell, the company that runs the index, on Wednesday.

The broadcaster ITV and hotel and restaurant company Whitbread are also suggested to be close to the relegation zone.

Russ Mould, investment director at investing platform AJ Bell, said he expects four companies to be relegated and promoted, but if more companies change it would be the biggest shakeup in decades: “Six promotions and relegations, for a total of 12 changes, have not been seen in one single quarterly reshuffle since September 1992 and even four pairs changing places is relatively rare, with the last instance of this being March 2016.”

Nicholas Hyett, an equity analyst at investment group Hargreaves Lansdown, said: “The world has changed since the last FTSE review at the beginning of March.”

Inclusion in the FTSE 100 index is important both for companies’ reputations and because some investment funds only buy shares in the UK top 100 companies – and may therefore be forced to sell their stakes in easyJet and Carnival.

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UK house prices fall by most since 2009 as COVID hits- Nationwide

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Nationwide said prices fell by 1.7% last month from April, the biggest monthly decline since February 2009.

In annual terms, prices rose by 1.8%, slowing from 3.7% in April.

A Reuters poll of economists had pointed to a monthly fall of 1.0% and an annual rise of 2.8%.

Britain’s government relaxed some of its restrictions on the housing market in England in May. Property website Rightmove said on Saturday it had its busiest day on record last week, suggesting activity was picking up.

But Nationwide said the medium-term outlook remained highly uncertain.

Samuel Tombs, economist with Pantheon Macroeconomics, said the May fall was probably just the start of a slide in house prices over the rest of this year.

“The huge size of the blow from COVID-19 to households’ incomes and the deterioration in consumers’ confidence suggests that house prices must drop,” he said. “We look for a 5% decline in prices by the end of the third quarter.”

Nationwide said the impact of the pandemic on the mindset of homebuyers was likely to weigh on the market.

A survey it conducted suggested people had put off moving as a result of the lockdown and would-be buyers were planning to wait six months on average.

Nationwide said official tax data showed residential property transactions were down by an annual 53% in April.

“Nevertheless, our ability to generate the house price index has not been impacted to date,” it said.

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