New Market Opportunities for Small Orders Suppliers Unleashed
Dubai, United Arab Emirates - Monday, February 22nd 2016 [ME NewsWire]
The Hong Kong Trade Development Council (HKTDC) today signed a Memorandum of Understanding (MoU) with Aramex, a leading global provider of comprehensive logistics and transportation solutions, to launch a joint promotion for the hktdc.com Small Orders online transaction platform (http://smallorders.hktdc.com).
Under this agreement, suppliers on hktdc.com Small Orders will enjoy lower shipping costs when delivering via Aramex’s worldwide network, which is particularly strong in the Middle East and North Africa (MENA) region. This also presents more attractive and competitive offers for buyers from the MENA region seeking to source quality products on hktdc.com Small Orders.
The MoU was signed in Dubai by HKTDC Deputy Executive Director, Benjamin Chau and Aramex CEO, Hussein Hachem.
“The partnership will further facilitate small-volume online transactions, which are becoming an increasingly prevalent sourcing model, especially for small and medium-sized enterprises (SMEs). With Aramex’s specialty in the Middle East and North Africa (MENA) region, we are opening the door to a market of huge economic potential and trade opportunities for our buyers and suppliers,” said Mr Chau.
Hussein Hachem, CEO of Aramex said: “It gives us great pleasure to be partnering with HKTDC. China presents one of the greatest business opportunities for us and we believe this agreement will play a major role in boosting Aramex brand awareness in the Chinese Mainland and Hong Kong markets. We look forward for more cooperation and opportunities in the near future.”
In a survey conducted by the HKTDC in October 2015, more than 80 per cent of buyers commended the business model of sourcing in small quantities. This model enables more flexible sourcing so that companies can respond more quickly to the latest market situation.
The “small order” model is also beneficial to suppliers who want to test the market and maintain a low inventory through small volume orders. The hktdc.com Small Orders online transaction platform welcomes participation from suppliers from the MENA region looking to sell to Asia and to the world. To trade directly with buyers online using hktdc.com Small Orders, a supplier needs only become a verified supplier with hktdc.com and set up a commercial account with PayPal to receive online payments. Qualified transactions will be covered by PayPal’s Seller Protection Programme.
Aramex business solutions include international and domestic express delivery, freight forwarding, logistics and warehousing, records and information management solutions, e-business solutions, and online shopping services. The company employs more than 13,800 professionals in over 350 locations across 60 countries worldwide.
hktdc.com Small Orders
Launched in December 2014, hktdc.com Small Orders features quality products available for order in quantities of between five and 1,000 items. Buyers can place orders with verified suppliers over the platform. Instant payment and shipping arrangements are available for selected products, while online payment is processed and protected by PayPal.
The online platform has so far featured over 9,000 suppliers and more than 100,000 products. In 2015, hktdc.com Small Orders won coveted WebAwards in the categories of Directory or Search engine Standard of Excellence, International Business Standard of Excellence and Small Business Standard of Excellence. The mobile site of hktdc.com Small Orders won the MobileWebAward in the Best International Business Mobile Website last year.
Design of the online transaction platform is similar to that of other consumer online shopping platforms, with attractive product photos and layouts to help buyers source the right products more easily. To attract more buyers to conduct online transactions, the HKTDC periodically launches special themes and discounts and stages promotions at trade fairs in Hong Kong and around the world. The online transaction platform is also extensively promoted to international B2B buyers through the HKTDC’s global network of 46 offices.
hktdc.com Small Orders is part of the HKTDC’s online marketplace (hktdc.com), which features more than 130,000 quality suppliers and 1.6 million registered buyers who can make personalised sourcing enquiries via the website. With suppliers’ information being authenticated, and their certificates being verified, buyers can find peace of mind by sourcing quality products and dealing with trustworthy companies.
The HKTDC’s four-in-one platform, which comprises online marketplace, trade fairs, trade publications and a mobile app, aims to help SMEs capture business opportunities effectively and efficiently. Combining the strengths of our physical trade fairs and our trusted online marketplace, we offer suppliers and buyers a comprehensive O2O (online-to-offline) marketing solution, which connects them with the world market all year round.
About the HKTDC
A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and services providers. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in overseas markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus.
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Website: hktdc.com Small Orders: http://smallorders.hktdc.com
To view press releases in Chinese, please visit http://mediaroom.hktdc.com/tc
Contacts
Dubai- United Arab Emirates:
Karim Ali
Tel: +971 (04) 3298915
Email: karim.ali@hktdc.org
Tasneem Raza
Tel: +971 (050) 7059269
Email: tasneem@watermelonme.com
Hong Kong:
Joe Kainz
Tel: (852) 2584 4216
Email: joe.kainz@hktdc.org
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