Wednesday, April 18, 2007

Textile-Portal-An introduction

Textile Portal is a marketplace for the common meeting point of Buyers and Suppliers of Textile products and services. It follows the same concept of the traditional market places which are set up for buyers and sellers even today. For e.g.: We visit various markets like vegetable market, fish market, cloth market. Almost always we can see that similar products are sold in such markets with a variety of options available to select from. Textile Portal is a virtual marketplace where traders, buyers and suppliers do their postings for the requirements. In fact traders play an active role in the negotiating of prices and making the business profitable for both buyers and suppliers.

The task is a difficult one for traders since postings are for products spanning geographically across the globe. A supplier wants to sell 100% cotton from India. However there are more than one buyer for 100% cotton more from the Atlantic region. The trader would act prudently and select the best buyer who can also give good commission rates to the trader.

Textile portals are coming up over the web. Since the products involved are in bulk quantities, these portals are not very popular like other portals like ebay.com or amazon.com. Not just popularity but reliability is an important factor determining the choice of textile portal. These portals are also coming with specialized services like News, Trends and Others that can only be subscribed at a yearly subscription depending upon the selection of services of textile updates. Textile Portal can revolutionalize the entire textile business.
Textile Portal is a marketplace for the common meeting point of Buyers and Suppliers of Textile products and services. It follows the same concept of the traditional market places which are set up for buyers and sellers even today. For e.g.: We visit various markets like vegetable market, fish market, cloth market. Almost always we can see that similar products are sold in such markets with a variety of options available to select from. Textile Portal is a virtual marketplace where traders, buyers and suppliers do their postings for the requirements. In fact traders play an active role in the negotiating of prices and making the business profitable for both buyers and suppliers.

The task is a difficult one for traders since postings are for products spanning geographically across the globe. A supplier wants to sell 100% cotton from India. However there are more than one buyer for 100% cotton more from the Atlantic region. The trader would act prudently and select the best buyer who can also give good commission rates to the trader.

Textile portals are coming up over the web. Since the products involved are in bulk quantities, these portals are not very popular like other portals like ebay.com or amazon.com. Not just popularity but reliability is an important factor determining the choice of textile portal. These portals are also coming with specialized services like News, Trends and Others that can only be subscribed at a yearly subscription depending upon the selection of services of textile updates. Textile Portal can revolutionalize the entire textile business.