When a person starts new business, they carry immense dream, high hopes and great risk. No matter what capital they have in their hands to begin with. There is always major or minor risk waiting for them at the edge. Conceiving a successful business idea and making it reality is not easy. It never was.
In order to make their dreams and hard work reality, people often rely upon B2B platform available these days. However, rather than getting carried away with abrupt responses, they need to think carefully and ponder upon each inquiries inflow. These sites have more than just buyers and suppliers connection.
The theory of B2B market is very easy to tempt naïve SMEs (Small Medium Enterprises) either ways. There are many companies who work on pretext of quality and quantity but in reality they are thugs. No matter how much they claim reliability in the end they are also a business striving to survive. Honestly, no such platform can be spared from this rat race. There are plenty of examples available on internet to prove it.
How it works:
- The B2B sites need inquiry to register more members on their site. They are easy place to access for anyone and everyone. The buyers or suppliers are free to post their inquiries without any traceability.
- There have been incidences where B2B companies are reported to repost old inquiries making them new one.
- Most importantly, these sites take no responsibility when the suppliers or buyers are fraudulent.
- In February 2017, I found a relevant inquiry from Germany on a B2B site. Since, I was in Germany that time I decided to call and follow up further. On calling, they told me that they never posted any such inquiry.
Personally, I understand the role of B2B sites for any business, they can be a boon. But precaution is always better than cure. If our little attention can save big losses then I believe it should be done.