2019-4-21 11:03 |
Bulk Trader is a Blockchain powered Online Marketplace Platform dedicated to B2B sales and services. Bulk Trader is a unique hyperlocal ecommerce platform with creative digital marketing solutions for accredited vendors & buyers for goods in bulk.
Founded in 2018, Bulk Trader exists to connect manufacturers, distributors and wholesalers to retailers around the world. As the B2B ecommerce sector is growing rapidly, passing the $1 trillion mark in 2016, the company aims to serve an industry twice as big as B2C supporting an online sales shift of higher order values.
Unique Selling Proposition
Our competitors are companies like Alibaba, Amazon and drop shipping websites including localised ecommerce websites like Ebay
These company possess a tiny fraction of listed suppliers in Africa and the world; therefore limited in their potential reach. There is no service to suppliers from these companies to countries like South Africa.
On the other hand retailers local ecommerce sellers sell products one by one to consumer market requiring a higher profit margin selling products one by one. Therein lies the sweet spot we looking to fill, a one stop shop to sell products in bulk locally and nationally, saving time and money while also stimulating the local and national economy.
This type of marketplace is not easy to build and therefore does not exist in South Africa including many countries of the world. For example its hard to find a supplier for buying nappies in bulk locally, information gets lost on the internet and its hard to decide which supplier is good, lack of buying risk indicators to decide which product to choose and no indication of previous volumes sold. This is a highly sort out product with limited choices available for retail or through distributors and an excellent example of the opportunity available out there.
Why Blockchain?
To promote transparency
All products sold or returned or moved from one point to the other will be moved on a public transparent blockchain
The reason for this is:
Smart contracts for business supply management using our platform
Goods sent as remittance via donation organizations can be verified to move from place to place when captured on the blockchain
As a decentralized community support building mechanism
Transparency: all products sold and moved on our platform can be seen by people all over the world
Government supply opportunities through which there is an open and consistent accounting of the flow of goods.
These are just some of the reasons we are choosing to be pro blockchain
Token use
Tokens can be used to pay for goods on the platform, merchant advertising, vote for changes and updates, unlock rewards and savings, traded and can be staked for additional tokens. A small percentage of tokens will be minted on every transaction made on the network and these rewards will be shared with the various staking token holder networks. . origin »