Virtual Market is a technology of buying and selling products, services or information through computer networks, mainly the internet.
Why should we engage a virtual market as an organization?
Virtual Market will help;
Build customer base for manufacturing companies,
Enhance the promotion of products,
Cost saving in advertising or marketing products,
Generate new marketing opportunities, reduce time-to-market and increase return on investment,
Easy and fast linkage to companies with websites. BEDIA will be marketing companies through its website and investors or visitors to BEDIA website will be able to visit manufacturer’s website for a broader view of products manufactured,
Give smallest business access to untapped markets around the world,
Increase joint venture possibilities - investors accessing manufacturer’s websites through BEDIA site can easily identify companies for joint venture purposes,
24 hour services: companies can offer their products and services around the clock, 365 days a year.
Consumer will be able to make direct purchases to manufacturers.
For a successful and efficient virtual market facility, proper website maintenance and constant communication with manufacturing companies (for updates of new products, price increases or decreases) should be done regularly to insure that the right information is published.