TradeTang.com Met with Supplier Representative
BEIJING, April 26 /PRNewswire-Asia/ -- On April 4th, an in-depth meeting was held between high-level directors at TradeTang.com and representatives of product suppliers in Shenzhen, Guangdong Province. The aim of the meeting was to send greetings to its suppliers and explain the next few steps that TradeTang.com would take in the near future and to provide a channel enabling them to talk face-to-face about the future of China's wholesale industry and the future development of their common business -- TradeTang.com. Both sides agreed on the fact that US$32 million of product transaction value in 2009, which represents three-fold growth, is a clear upward sign for TradeTang.com, even under the impact of world financial crisis.
The Vice President of TradeTang.com, Roamer, expressed greetings and gratitude for suppliers on the achievement that they had made together, but also mentioned some changes of strategy for the development of the website. "We will put emphasis in the future on our own brands. We already have resources and stable groups of buyers in various categories who have replied actively to the changes we have made in the past, and your amazing skills and techniques in manufacturing such as embroidery and making electronics have informed the buyers of your superiority. You can build your own brand to represent yourselves more correctly and we will help you reach buyers," said Roamer, the TradeTang.com vice president. He also clearly explained TradeTang.com's philosophy, "We will never change our attitude on product quality control and fraud control; any supplier or manufacturer, if found to be involved in fraud, will be deprived of the privilege of doing business on the website. Cheating or dishonest behaviors of any kind will not be tolerated."
Most suppliers were positive toward the changes about to be made and are willing to follow the website wherever it leads. "When I started doing business on the site I did not expect it would grow so fast. I feel secure if I can stay on it; every day I can get 5-7 buyers inquiring on my product, and a brand of my own has always been my dream and goal. I can have something to brag about to my friends and family even if I fail," one supplier said jokingly to Roamer at the end of the meeting.
TradeTang.com is a fast growing worldwide B2B marketplace chiefly exporting Made-in-China products to buyers around the world. It has accumulated more than 700,000 registered buyers, and the number is still growing. The product suppliers on TradeTang.com are mainly from Mainland China, producing some less skilled products such as wedding apparel and sporting equipment. The average product price on TradeTang.com is lower than those on other websites as TradeTang.com uses the advantage of China's manufacturing industry to the fullest extent: low labor cost.
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SOURCE TradeTang.com
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