China has played a more and more important role in the world trading as economy develop. China surpassed the US as the world's second-largest exporter in the middle of 2006, according to data published Thursday by the World Trade Organization, and the emerging economic giant is pulling further and further ahead. In 2007, China's trade with Japan, the world's second-largest economy, surpassed U.S. trade with Japan for the first time since World War II. Export growth of China outpacing all other major trading countries.
“Made in China” label may be found on many products from all over the world. It is difficult to find a shop in the West that does not sell products with a 'Made in China' label. China has overtaken Japan in the last decade to become the largest manufacturer and exporter of consumer goods. It is now the world's number one producer for more than 100 different consumer products. As most of people know, the products which made in China are usually cheap and of high quality. Many foreign buyers search for China's providers at B2B websites to compare the price until they get the lowest one. Many SOHO and small business owners play trick. They use lowest price to attract customers first and ask them to pay deposit. After order confirmed, they make fraud during the process, such as slight changes in materials or the increase in the sample charge when making models. However, many of Chinese foreign trade enterprises and individuals SOHO have no ability to afford compensation to the buyers for their losses.
Low price can not say every thing, the buyers not only need to consider price, but also has to choose a good supplier. Just as RICHFORTH LIMITED, which not only have the most competitive price, but also can provide first-rate service for you. RICHFORTH has developed more different kinds of the manufacturing enterprises, and not just be confined to its own holding factories. Moreover, RICHFORTH is concerning about the new trends in the market where you are, and provide you with the latest product information. Even its financial sector have made adequate preparation to afford the losses you may do, this is lots of Chinese foreign trade enterprises and individuals SOHO can not do. Sourcing from China? Start here: http://www.richforth.com/index.shtml
2010年1月21日星期四
The Integrated B2B E-Commerce Company
The rapid ascent of the ubiquitous World Wide Web has completely transformed the way global trading takes place. Traditional international trading is quickly replaced by online trading platforms with greater efficiency and lower costs. Such current trends in E-commerce will continue to dominate the world of trading. More specifically, the rise of B2B franchises will shape the future of global on-line trading.
Major players in B2B platforms comprise names like Alibaba, Global Sources and Tradekey, just to name a few. These global leaders have led the initial market evolution of inter-business dealings. In essence, these current setups are really information technology entities whose business models are selling business connections and inquiries for revenue generation. The world of commerce is still far off from an integrated business trading platform and resource.
This is the first generation business model for the B2B prototype. Our vision for the future of a true B2B platform entails the following 4 processes; searching, filtering, negotiating, and finally purchasing. These processes are not new but reflect actual stages of the traditional model. In terms of time resource involved, they run approximately as follows: 10% for searching, 20% for filtering, 20% for negotiating and 50% for purchasing. In general, current B2B operations only target the first two processes; searching and filtering.
Richforth Limited is a company that embodies the true integration of the B2B enterprise. While current platforms like Alibaba encompass the first two stages, Richforth’s system integrates the entire trade process. The business model is a complete streamlining and linking of the four processes from searching all the way downstream to the final purchase.
Richforth started their e-commerce operations in 2007, focusing on providing services and small and medium sized orders globally using the World Wide Web as the main channel of marketing and distribution. The main target customers are those in the small bracket with single total order size less than USD10,000. Though small, the overall market for this segment amounts to USD 260 billion per year. (Calculations are detailed at the end of article) .
In particular, Richforth targets clients with the following characteristics:
1. Clients with small orders for each single product but would potentially purchase a range
of other products. The integrated purchasing platform that is provided by Richforth
allows such customers to efficiently process their small sized orders without costly long
drawn procurement procedures and doing due diligence on prospective suppliers at
physical locations like the Guangzhou Trade Fair.
2. Clients who may have uncertain trade flows and repeat business. The business model of
Richforth is a relatively risk free alternative for customers which have little prior
experience in doing business with Chinese or global firms. The flexibility afforded to
1
Calculation for market size is based on documents provided by the Ministry of Commerce,
People’s Republic of China. In 2008, total value of exports was USD1,428.55 billion with 26%
percent from private SMEs. Of this, SMEs with order size below USD10,0000 comprising 70%.
This sums to approximately USD14,285.5x26%x70%, or USD260 billion.
clients to start small in the procurement cycle with Richforth means that there is little
risk exposure to the prospective new customers.
3. Clients who are price sensitive. Richforth provides an alternative to global trading
businesses which are cost minimisers. Currently, these businesses engage an
intermediary firm, usually based in Hong Kong or Taiwan which then channels the orders
to China. Trading direct with Richforth and bypassing these middlemen can significantly
reduce trading costs and improve efficiency.
Centered strategically on China’s mid coastal region, Richforth has plenty of advantages bridging
the new world of B2B e-commerce and reliable traditional trading.
1. Experienced reputation and diversified product range. The company has 13 years of
global trading experience, starting with traditional commerce and evolving into a B2B
platform. It deals with more than 8,000 different products ranging from apparels, clocks,
bags, shoes to home decorations. It is virtually a one-stop shopping mall that caters to
small wholesale, retail and corporate clients.
2. Extensive supplier base. Connected to more than 247 factories and with strong
relationships with more than 1,000 others, Richforth boasts of an extensive supplier
infrastructure and resource platform for straight-through trading processing. This allows
the company to maximize customization and improve productivity and lower supply
chain bottlenecks.
3. Mass Market Niche. By focusing on small to medium trading enterprises, Richforth is
able to offer premium service for this market segment.
4. Integrated Trade Processing. The firm offers convenience and quality trade services
which integrates the entire trading procedure. Auto order filling, immediate reply and
confirmation, secure backup of customer profile and information are some of the
features that make Richforth successful. The end result is an easy and seamless trading
environment which is very cost effective for SMEs and entrepreneurs.
During the global crisis of 2008, the company generated revenues of USD3,500,000. This is
expected to rise to USD 10,000,000 in 2009 given the market recovery.
With its success and business model, Richforth aims to challenge the existing B2B e-commerce
marketplace. Focusing on its basic strengths and proven market niche, the firm will aim to be the
premier platform for cost effective and efficient straight-through trading on a diversified product
base for small to medium enterprises.
want to know more about Richforth ,Please load in our website at www.richforth.com
Major players in B2B platforms comprise names like Alibaba, Global Sources and Tradekey, just to name a few. These global leaders have led the initial market evolution of inter-business dealings. In essence, these current setups are really information technology entities whose business models are selling business connections and inquiries for revenue generation. The world of commerce is still far off from an integrated business trading platform and resource.
This is the first generation business model for the B2B prototype. Our vision for the future of a true B2B platform entails the following 4 processes; searching, filtering, negotiating, and finally purchasing. These processes are not new but reflect actual stages of the traditional model. In terms of time resource involved, they run approximately as follows: 10% for searching, 20% for filtering, 20% for negotiating and 50% for purchasing. In general, current B2B operations only target the first two processes; searching and filtering.
Richforth Limited is a company that embodies the true integration of the B2B enterprise. While current platforms like Alibaba encompass the first two stages, Richforth’s system integrates the entire trade process. The business model is a complete streamlining and linking of the four processes from searching all the way downstream to the final purchase.
Richforth started their e-commerce operations in 2007, focusing on providing services and small and medium sized orders globally using the World Wide Web as the main channel of marketing and distribution. The main target customers are those in the small bracket with single total order size less than USD10,000. Though small, the overall market for this segment amounts to USD 260 billion per year. (Calculations are detailed at the end of article) .
In particular, Richforth targets clients with the following characteristics:
1. Clients with small orders for each single product but would potentially purchase a range
of other products. The integrated purchasing platform that is provided by Richforth
allows such customers to efficiently process their small sized orders without costly long
drawn procurement procedures and doing due diligence on prospective suppliers at
physical locations like the Guangzhou Trade Fair.
2. Clients who may have uncertain trade flows and repeat business. The business model of
Richforth is a relatively risk free alternative for customers which have little prior
experience in doing business with Chinese or global firms. The flexibility afforded to
1
Calculation for market size is based on documents provided by the Ministry of Commerce,
People’s Republic of China. In 2008, total value of exports was USD1,428.55 billion with 26%
percent from private SMEs. Of this, SMEs with order size below USD10,0000 comprising 70%.
This sums to approximately USD14,285.5x26%x70%, or USD260 billion.
clients to start small in the procurement cycle with Richforth means that there is little
risk exposure to the prospective new customers.
3. Clients who are price sensitive. Richforth provides an alternative to global trading
businesses which are cost minimisers. Currently, these businesses engage an
intermediary firm, usually based in Hong Kong or Taiwan which then channels the orders
to China. Trading direct with Richforth and bypassing these middlemen can significantly
reduce trading costs and improve efficiency.
Centered strategically on China’s mid coastal region, Richforth has plenty of advantages bridging
the new world of B2B e-commerce and reliable traditional trading.
1. Experienced reputation and diversified product range. The company has 13 years of
global trading experience, starting with traditional commerce and evolving into a B2B
platform. It deals with more than 8,000 different products ranging from apparels, clocks,
bags, shoes to home decorations. It is virtually a one-stop shopping mall that caters to
small wholesale, retail and corporate clients.
2. Extensive supplier base. Connected to more than 247 factories and with strong
relationships with more than 1,000 others, Richforth boasts of an extensive supplier
infrastructure and resource platform for straight-through trading processing. This allows
the company to maximize customization and improve productivity and lower supply
chain bottlenecks.
3. Mass Market Niche. By focusing on small to medium trading enterprises, Richforth is
able to offer premium service for this market segment.
4. Integrated Trade Processing. The firm offers convenience and quality trade services
which integrates the entire trading procedure. Auto order filling, immediate reply and
confirmation, secure backup of customer profile and information are some of the
features that make Richforth successful. The end result is an easy and seamless trading
environment which is very cost effective for SMEs and entrepreneurs.
During the global crisis of 2008, the company generated revenues of USD3,500,000. This is
expected to rise to USD 10,000,000 in 2009 given the market recovery.
With its success and business model, Richforth aims to challenge the existing B2B e-commerce
marketplace. Focusing on its basic strengths and proven market niche, the firm will aim to be the
premier platform for cost effective and efficient straight-through trading on a diversified product
base for small to medium enterprises.
want to know more about Richforth ,Please load in our website at www.richforth.com
Who is Richforth Limited
Introduction
1)RICHFORTH.COM Platform
RICHFORTH.COM is a Sourcing Center which customize all kinds of products for the small and medium-sized businesses, providing customers with convenient, first-rate services via Internet-marketing. No matter you’re an owner of 2-dollar-shop, or member of Ebay, or operator of gift-mail company, you also need to stock and import products from China. RICHFORTH is your Sourcing Center and offer you the most competitive price, what you want do is just concerning about the market trend and tell us what is you want. We will take advantage of our rich experiences and great productivity to provide you with the products.
2)RICHFORTH LTD
Richforth Limited is a company that embodies the true integration of the B2B enterprise. Centered strategically on China’s mid coastal region, Richforth has plenty of advantages bridging the new world of B2B e-commerce and reliable traditional trading.
A. Experienced reputation and diversified product range. The company has 14 years of global
trading experience, starting with traditional commerce and evolving into a B2B platform. It deals
with more than 8,000 different products ranging from apparels, clocks, bags, shoes to home
decorations. It is virtually a one-stop shopping mall that caters to small wholesale, retail and
corporate clients.
B. Extensive supplier base. Positioned strategically between the giant industrial belts of the Pearl River Delta and the Yangtze Delta, Richforth boasts of an extensive supplier infrastructure and resource platform for straight-through trade processing. It is connected to more than 247 factories and has strong relationships with more than 1,000 others. This allows the company to maximize customization and improve productivity and lower supply chain bottlenecks.
C. Mass Market Niche. By focusing on small to medium trading enterprises, Richforth is able to offer premium service for this market segment.
D. Integrated Trade Processing. Richforth offers convenience and quality trade services which integrates the entire trading procedure. Auto order filling, immediate reply and confirmation, secure backup of customer profile and information are some of the features that make Richforth successful. The end result is an easy and seamless trading environment which is very cost effective for SMEs and entrepreneurs.
3)Our Mission and principle
Accepting and welcome all small orders, offering first-rate and all-wave service for more buyers to get what they want, making our customers get the most profits from RICHFORTH!
1)RICHFORTH.COM Platform
RICHFORTH.COM is a Sourcing Center which customize all kinds of products for the small and medium-sized businesses, providing customers with convenient, first-rate services via Internet-marketing. No matter you’re an owner of 2-dollar-shop, or member of Ebay, or operator of gift-mail company, you also need to stock and import products from China. RICHFORTH is your Sourcing Center and offer you the most competitive price, what you want do is just concerning about the market trend and tell us what is you want. We will take advantage of our rich experiences and great productivity to provide you with the products.
2)RICHFORTH LTD
Richforth Limited is a company that embodies the true integration of the B2B enterprise. Centered strategically on China’s mid coastal region, Richforth has plenty of advantages bridging the new world of B2B e-commerce and reliable traditional trading.
A. Experienced reputation and diversified product range. The company has 14 years of global
trading experience, starting with traditional commerce and evolving into a B2B platform. It deals
with more than 8,000 different products ranging from apparels, clocks, bags, shoes to home
decorations. It is virtually a one-stop shopping mall that caters to small wholesale, retail and
corporate clients.
B. Extensive supplier base. Positioned strategically between the giant industrial belts of the Pearl River Delta and the Yangtze Delta, Richforth boasts of an extensive supplier infrastructure and resource platform for straight-through trade processing. It is connected to more than 247 factories and has strong relationships with more than 1,000 others. This allows the company to maximize customization and improve productivity and lower supply chain bottlenecks.
C. Mass Market Niche. By focusing on small to medium trading enterprises, Richforth is able to offer premium service for this market segment.
D. Integrated Trade Processing. Richforth offers convenience and quality trade services which integrates the entire trading procedure. Auto order filling, immediate reply and confirmation, secure backup of customer profile and information are some of the features that make Richforth successful. The end result is an easy and seamless trading environment which is very cost effective for SMEs and entrepreneurs.
3)Our Mission and principle
Accepting and welcome all small orders, offering first-rate and all-wave service for more buyers to get what they want, making our customers get the most profits from RICHFORTH!
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