ShangHai, China -- (SBWIRE) -- 04/28/2010 -- BusyTrade (http://www.BusyTrade.com) , one of the earliest B2B e-commerce company, initialized Gold Mine Service package for Chinese SMEs in May.

"Pay as You Go" is an innovative charging model created by BusyTrade in B2B industry. By adopting this charging model, companies would be more in control on their spending. Starting from May 1st, every registered member will have an opportunity to try out BusyTrade's Gold Mine Services package. BusyTrade's Gold Mine Services will honor BusyTrade members with a package of premium services such as keyword bid promotion, advertising space, online translation, video display and 6888 free Busy Dollars.

BusyDollars system is the virtual money system which is firstly adopted on BusyTrade platform, it was accepted as a mean of payment by BusyTrade members, Busydollars can be converted from any forms of real currency and can be spent on products and services provided by BusyTrade (http://www.BusyTrade.com).

"It's a promotional tool to attract the market's attention, and just for one month. We are not going to trigger a price war. However, we hope that more companies have this opportunity to experience our new model of 'virtual currency, pay as you go." Said with Mr. Hu, the operation manger of BusyTrade. "Even though the 2008-2009 global financial crises have passed, many SMEs continued to face flat or decreasing budgets in light of economic growth. While with decades-long B2B ecommerce experience, "pay as you go" service can provide the utmost support in enabling SMES to maximize their interests in B2B industry, by cutting expenditure, companies could survive the economic winter through B2B e-commerce platform."

According to one of the small business owner, "We are a small company, to promote our products and services; we have been investing tens of thousands of dollars each year on those B2B platforms. However, competitions from our similar companies are throat-cutting, to obtain the most valuable buyers information, we must invest much more resources to buy PPC and golden booth. (PPC stands for Pay per Click, Golden booth stands for Hot Ad Space) In the circumstance of the uncertainty of the return, we cannot afford it. As global economy is making a rebound, we are eager to find a B2B website which could help us exploiting international market and bringing us more business opportunities within our limited investments. Eventually, we found BusyTrade's "Pay As You Go" model is an ideal choice for small companies with our size."

BusyTrade (http://www.BusyTrade.com) is dedicated to help entrepreneurs further reducing their costs, minimizing risk and most importantly, effectively securing and managing the information that drives our businesses. Putting customer-oriented principle as a consistent goal is the pursuit of BusyTrade. BusyTrade is now in a position to work with customers to deliver the benefits of B2B industry."

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ShangHai, China -- (SBWIRE) -- 04/18/2010 -- Through out the 2008-2009 global financial crises period, the overall B2B foreign trade suffered seriously across the world, while China took the most hit as it is the largest exporting nation in the world. In the circumstance of this financial crises and fierce market competition, B2B companies in China had to reduce its regular annual membership fee to attract more customers and visitors.

We had conducted professional researches on several popular B2B marketplaces on the Internet such as Alibaba.com, GlobalSources.com, ec21.com, TradeKey.com, TradeKool.com and made-in-china.com etc and we were impressed by this interesting and unique B2B marketplace provider, BusyTrade.com's evolution from competitive B2B industry. ( http://www.BusyTrade.com )

Since November 2008, Alibaba, one of the major online B2B Marketplace providers, reduced its annual charging fee. Fyesor instance, for the Chinese suppliers, annual fee was lowered from 50000 RMB to 19800 RMB. While for the Alibaba's Chinese Trust Pass members, the annual fee was lowered to 1688 RMB from 2800 RMB. According to some B2B experts' forecast, Alibaba's pricing reduction indicated that its sales strategy had been seriously questioned by the market thus it lost significantly market shares from SMEs.

According to the market response, there's no doubt that many companies had lost their confidence in Alibaba's annual membership model, as a result the effect proved that the Alibaba's membership renewal rate had been decreasing over the years. The 1688 plan of Alibaba for Online Wholesale Market was introduced on 8th, March and it's 40% lower compared with those less expensive ones in mainland China. After the above reductions in membership fee, Alibaba triggered a new round pricing reduction storm in mainland B2B.

Annual fee paying model is the most commonly used among B2B marketplace providers, however, the drawbacks of annual fee model are highly correlated to the numbers of the trade leads that a marketplace can bring to its paid members. For many companies in China, expensive annual fees set by Alibaba and other leading B2B providers becoming an obstacle for them to use e-commerce.

When annual fee model exposed drawbacks, pay-per-click model from search engine emerged. Search engine marketing greatly reduce the entry barriers for SMEs to promote on Internet, however, as more and more advertisers compete for few hot keywords, the price per click for hot keywords is becoming unbearable for SMEs. Pay-per-click marketing couldn't save much cost for its consumers as its target audience is way too wide to be focus on certain group. As a result of its by product, click fraud is becoming one of the major problems that search engines are facing.

Is there a solution that can address the problems SME faces both on B2B and search engine marketing?

BusytTrade provides a unique model to address the problem. BusyTrade ( http://www.BusyTrade.com ) is one of the leading global B2B provider based in Hong Kong, China, BusyTrade marketplace serves over 3 million SMEs around the world and is one of the most famous B2B marketplace in the world.

BusyTrade's ( http://www.BusyTrade.com ) marketing approach combines the B2B marketplace with pay-as-you-go long-tailed SaaS model. The most significant innovation on BusyTrade's B2B model is the BusyDollars system, which is a micro payment system facilitating the ordering of plug-ins, web tools and value added services on BusyTrade. On the other hand, by integrating various web tools and valued added services provided by BusyTrade and its affiliate business partners, BusyTrade can always provide SMEs with most up-to-dated technology and services at the lowest cost. Charging no annual fees or membership fees, BusyTrade's account is free to signup and free to use certain basic functions, however, if the members want to access to more value added services, they will required to pay. Like Apple provides apps on Apple store and Facebook provides plug-ins to its members, BusyTrade provides all kinds of business related tools and services to SMEs at the most easily accessible manner. All of the tools/services are accessible by ordering online instantly through BusyDollars.

In conclusion, we are happy to see Busytrade;s 'Pay As You Go' model work out to be a mainstream model for many B2B marketplaces in the future. High pricing membership fees and click fraud will no longer bother SMEs as they are marketing their products/services on Internet. We sincerely hope that BusyTrade's ( http://www.BusyTrade.com ) model will be accepted by more and more SMEs.

Researched by http://www.B2Branking.com

Technical Terms

B2B: business to business
SME/SMB: Small and medium enterprises/business
Search Engine marketing: Promote products/services on search engine
B2B marketing: Promote products/services on B2B marketplace

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm