Monday, August 2, 2010

Significance Of Product Catalogs in B2B Space

B2B space is redefining the ways and tactics of e-commerce especially for the small and medium sized enterprises. One great advantage of the business directories in the b2b space is that it allows the business sellers to publish their product catalogs. This is one feature that lacks in traditional as well as online yellow pages.

There are many ways in which a product catalog enhances the chances for the business to find its targeted buyers in the b2b space. The following discussion provides information on the important roles a product catalogs plays in a business directory.

Making the First Impression
If first impression is also the last one, then the product catalog for your business plays the role of building that first impression. It is this first impression that builds your business relationships for the rest of the life.

Organizing the Information
A product catalog is the most suitable way to organize the information about your business and the products it sells. It allows the business owner to add information about its previous sales and experience in the niche. Testimonials and buyers’ reviews can also be added to the product catalogs.

Assisting the Purchasing Agent
A purchasing agent makes use of product catalogs published by various business sellers to choose the right products for his company. So, a good product catalog assists the purchasers to learn what features of the products are desirable for its company. At the same time, a well-written product catalog enhances the chances of more number of sales.

Besides, product catalogs assist the purchasers in the following ways:
  • To save time in learning about the products.
  • To avoid inconvenience and save the efforts.
  • To avoid the need of a salesperson describing the product features.
  • To take advantages of low cost opportunities.

Existing in Competition
What should a business do to exist in the competition in an online business directory? By publishing the unique features of the business products in a product catalog, a business owner can gain attention from the prospective buyers.

Product catalogs have the power to pull more orders for your business in the b2b space. So, they can be called the significant role-players for the growth of business.

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