IBD – Is an IBD a Business Directory?
An International Business Directory (IBD) is an online database containing information on various businesses in different countries. In this way, you can access relevant information right from the comfort of your home or office without having to go out of the office. You can also gain access to the latest financial rankings and business news. The databases are updated on a daily basis and so the information you obtain will be very timely. With the help of IBD, you can reach out to the entire globe and get vital information on businesses located in various parts of the world.
You can access the information on IBD through online portals which list the details of the international business directories. The IBD helps you connect with the global buyers and suppliers. Buyers and suppliers have the option to place their orders online directly or they can even conduct international business deals through online trade exchanges. Through online marketplace, buyers can also access suppliers who have been registered on the online marketplace.
An IBD provides vital information on manufacturers, wholesalers, importers and exporters. The information found in IBDs can help you find manufacturers and suppliers of goods you need and want to purchase. There are many types of industries included in the Business Directory such as medical device manufacturers, chemical manufacturers, food and beverage manufacturers, electrical and electronics manufacturers, packaging manufacturers, transportation manufacturers and so on. You can also find other types of businesses listed on the International Business Directory such as government departments, educational institutions, law firms, hospitals, charities, oil refineries, petroleum refineries, pulp and paper mills, pharmaceutical manufacturing and so on.
As compared to the traditional way of doing business, using IBDs can save you thousands of dollars as well as time and you will be able to connect with global consumers and suppliers. By using an IBD, you can access suppliers located in foreign countries making it easier for you to transact with international buyers and exporters. In today’s competitive global economy, time is essential in conducting transactions. An IBD helps speed up business operations. By accessing suppliers from other countries you will reduce delays that may occur due to cultural differences and language barriers. You can also avoid delays that may occur during customs clearance when transacting with international buyers and exporters.
The International Business Directory provides manufacturers, exporters and distributors a platform to advertise their products and services. Global markets are expanding everyday and if you do not expand your market share, you will be losing out to your competitors. Your competitors are selling in more countries, whereas you are unable to compete in some of the countries because of language, cultural and geographical barriers. Using an IBD can help you access markets that you could have otherwise only dreamt about. If you are an exporter or manufacturer looking for a supplier for your products, using the services of an IBD can help you access thousands of global suppliers that are looking for business and willing to do business with you.
If you are a distributor or reseller and want to expand your business, IBDs can help you access new markets, expand your market share and help you save money and time in doing so. Global sourcing and trading have made it easier than ever for companies large and small to compete on an equal footing. By using an IBD, importers, manufacturers and distributors can take advantage of these markets to increase their revenues. The International Business Directory can help you start and expand your business with the best suppliers available online.
