How to Find Your Goldmine – Suppliers and Buyers Guide

The List to Find Suppliers and Buyers for Your Business

If you’ve ever been looking for a supplier to your business, whether you export or import goods, you know it can be a big hassle to find quality suppliers. We all understand that a certain level of due diligence has to be made in order to determine if the supplier is the right one, for your business.

A lot of the time, doing due diligence has to do with common sense and it include things such as ordering a test-batch, coming to terms of pricing, quality standards or specific product features.

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Comparison of Major B2B Trade Platforms

Alibaba.com

Alibaba, which was known among international traders for years, recently made headlines around the world for its historic IPO (Initial Public Offering) on the New York Stock Exchange.  Alibaba was founded by Jack Ma in Hangzhou, China in 1999.  A pioneer in the world of connecting buyers and suppliers, Alibaba has established itself as the leader and the go-to platform for international trade transactions.

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International Trade Powerhouses

India and China, both with populations over 1 Billion, have a long history of trade and cooperation.  The Silk Road was an important trade route which connected China with the west through India as far back as second century BC.  Traders brought textiles, ebony, and spices across the 6,347 kilometer route.  The historically important trade route was also responsible for the spread of Buddhism.  In addition to the Silk Road, the spice routes that passed through India brought cinnamon, cassia, cardamom, ginger, pepper, and turmeric to Europe and Africa, having a huge impact on the way people prepared food.

In 1950, India was the first non-socialist country to recognize the People’s Republic of China as the legitimate government of China.  The 1960s were a time of tension for China and India as disputes over land rights led to military conflicts.

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Trade between the UAE and India

India and the United Arab Emirates (UAE) have long shared economic, political and cultural links.  The relationship between the two countries began to grow even more after the official establishment of the UAE in 1971.  In August 2004, India and the Gulf Corporation Council (Saudi Arabia, Kuwait, Qatar, Bahrain, the United Arab Emirates, and Oman) signed a free trade agreement to knock down trade barriers between the countries, which created enormous opportunity for international traders.

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Top 10 Export Opportunities to India

India, with a population of over 1.25 Billion, has one of the fastest growing economies in the world, growing at over 7% annually.  India is also one of the youngest countries in the world, with two thirds of the country below the age of 35.  As India’s middle class grows, so does the need for new products.  Below are the top 10 export opportunities to India.

Credit :  License

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The ‘m’ and the ‘e’ in Commerce

Have you ever wondered why there are the lowercase letters m and e before the word commerce when speaking about importing and exporting?

It is in fact very simple. The lowercase e stands for electronic, which creates the expression electronic commerce, hence e-commerce.

The other lowercase, m, stands for mobile. Mobile commerce refers to commercial transactions conducted electronically by mobile phone. As you can tell, m-commerce is more specific and follows the natural development of human connectivity.

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Ishto Teaser Video

We know that this is not the best teaser video in the world – but this is what we get when we are bootstrapping.

Amazing thing here is that we were able to list some of the very annoying stuff that we face on current trade platforms.

Share your thoughts!

Team Ishto!

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Welcome to Ishto Blog!

We have been working really hard creating a platform for SMEs that is really easy to use, transparent, casual and productive. We are calling it Ishto.

At Ishto, we are committed to fixing global trade platform – creating a new way for suppliers, buyers, manufacturers and SMEs to find potential international and local business partnerships.

We are dedicated to our mission to help SMEs and people find opportunities to grow and to open endless possibilities for them.

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