Tag Archives: business networking

B2B Networking

Generate More Revenue with Business Networking

Increase revenue with b2b networking

September 14, 2015 – For an efficient entrepreneur, everyone is a potential customer or a prospective partner. Business networking generates more revenues than any other tool in corporate management. The most fundamental lesson in business management is that it is imperative to meet people and talk about your business. The more people you meet, more resourceful you get and increase the opportunity of selling your products or services to a larger market.

Who Knows You
The most important thing to remember here is that it is not important how much people you know, what is more substantial is how many people know you and your trade. So you should not just meet people, you should also explain what you and your business can do at every opening you get. Carry a business card with you at all times. Even rehearse describing your business properly in front of people, make sure that you all the points which can generate new opportunities for you.

Referrals
Through business networking you can get referrals. By reaching out to business professionals, you are actually building a professional relationship with them which can very easily be translated to commercial association. As the people you talk to will also be networking with others, if your business is relevant, it is bound to come in their conversations. As a result, you will be consequently connected to hundreds, maybe thousands of people you did not approach by yourself. Through word of mouth these people can become aware of your potential and if you have made a significant mark on your connections, you might also get a recommendation which will increase the probability of you getting new clients.

Professional Advice
When you start a business, you need to admit that you don’t have enough experience to run it perfectly. To acquire that efficiency, you need to talk to people who have already been in that trade for some time and know the ins and outs of its corporate structure. Also, not all people have same experiences; the more professionals you talk to, the broader your perception will get. In result, problem solving will become much easier for you.

Friendship Assurance
If we go towards non-financial aspects of business networking, the concept of friendship benefits comes in extreme focus. In all our times, we need to be sure that someone has our back in the time of crisis. You need to have not just professional contacts but friendship in powerful circles who can get you out of any tricky situations.

Relationship Benefits
Think what your friends used to do for you. And in return what you used to do for them? Friends in a social circle help each other without the thought of personal gain. Similarly, in corporate culture, if you have made such strong relationships with corporate heads, they can also take care of your needs. You can get promotion through recommendations, boost in traffic or sales etc., they can create necessary links for you and also introduce you to people who can be vital to your business.

Business networking is the most important tool you can use to grow your business and increase your profits. Whether by helping you increase your contacts or simply giving you a good reputation by just being associated with a reputable corporate name, networking can do wonders for your new business. The more people you know the more opportunities you discover.


More on b2b networking may be read on WinWinUSA’s blog article, “Business Networking – The Real Life Connect the Dots


The Case for B2B Networking

B2B Networking is Here to Stay

September 1, 2015 – Chicago, IL

The records of business dealings go back to the very ancient of civilizations. There has always been the need to evolve channels of communication to increase the pace of business activity. Flashing forward to modern times, mankind’s World Wide Web brought the world together as a global village. The advent of modern communication methods completely revolutionized the business processes. This age became known as the communication age. It became the basic necessity of businesses to have an efficient communication network between its employees and a vast information dissemination network to reach vast multitudes of market.

The Case for B2B NetworkingIn the last decade, social media has become the main focus of campaigns of brands and services that have realized its potential in becoming the new major source of information and discussion. Hence it is the face of contemporary networking and outreach. The campaigns ran through social media platforms see a much bigger and much more interested response from customers. It substantiates the place that social media holds in shaping up a good perception in the minds of people. The ease of communication from social media and it’s on the go nature has made it a preferred choice in communication channels.

After the world saw how effective virtual platforms can be, they begin to realize the potential to have a purely business to business social network which can cater to the specific needs of businesses without getting them worried about improper dissemination of information among their customers.

Although there is an abundance of social media communities centered on individuals, there is an under-served market in the social media space that focuses on businesses being the contact points for collaboration. And the need for such a market is dire because the need for networking is becoming more and more important for businesses. The interconnected nature of the world markets gives a major advantage to those who can have their presence where it is needed and, more importantly, when it is needed.

Among a few emerging B2B virtual platforms, comes WinWinUSA which endeavors perform exactly these functions for businesses. It also identifies the issues which will arise with having a huge community in front of you and confines itself to some limitations. It hosts a community exclusively for businesses and non-profits who are based in the US. This limitation allows businesses to look for possible alliances and associations near to their target markets, on the other hand ensuring that they get the benefit of material resources as well.

WinWinUSA provides the businesses with opportunity to effectively deal with the problems of business to business deals. Being a social media platform, it makes possible all the positive aspects that come along with the social media. The companies are not only able to portray their functionality but they are also able to discuss with the prospective partner and answer any concerns that they might have.

B2B networking is the new era of corporate markets. The approaches to it are totally novel and the need for it is becoming more and more critical with each passing year. Businesses now need to have themselves appeared whenever they are needed, not just for customers but for corporate alliances as well and WinWinUSA, with its professional services, proves to be just the right choice for them.


Virtual B2B Collaboration

3 Tips for Virtual B2B Collaboration

The development of online platforms for collaboration has provided a tremendous opportunity for businesses to build profitable networks in cost effective ways. Virtual collaboration can offer a notable savings in both time and money for organizations. One challenge is agreeing on a set of communications tools, of which there are many. WinWinUSA solves this by providing a Virtual Conference room for their members who have access to the same chat, screen share, file share, video feed and whiteboard tools, thus solving the challenge of having to download additional software.

However with this novel method of interaction, comes a new set of measures that need to be taken care of in order to benefit the business relations. The online business to business conferring needs a mindset that follows the path towards its goals in a systematic manner. For businesses engaging in such collaborations, we advise to:

1. Set Correct Expectations
To begin a process of dealings, there has to be a prepared plan to reach the desired goal. One has to acknowledge that the other party also has to take care of its interests and therefore they should remain cautious as not to engage in such behavior that can cause or intend to cause harm to the other’s aims. This process starts with the company keeping a set of correct expectations that are beneficial to its objectives and, on the other hand, also not detrimental to the others policies. Setting an incorrect expectation leads us to two possible scenarios. Both lead to damaging the current collaboration and also causing harm to the business’s future interactions be met with a negative outlook.

If the expectations of the company are too low, then there would be less effort in negotiations from its side. This would cause the other side to have an upper hand during the collaboration and would ultimately result in causing harm to the company’s goals. On the other hand, if the business sets its expectations too high then there will be a high risk of causing harm to the other side’s targets which can harm the whole collaboration process as the partner would not be interested in having an unfavorable relationship.

2. Be Mindful of Building Trust
When a business makes an agreement with a client, it has to be sure that should not just sell its services but also make a long lasting relationship so that the future interactions with the client are profitable for the company. The same theory applies in B2B collaborations, but with a more meticulous nature.

The business dealings are very closely monitored, sometimes with whole departments just set up for this specific purpose. Hence any negligence from either side is noted and has effect on future contracts. Therefore the businesses should remain cautious that the processes go as smoothly as possible so that the association remains trusted and profitable to both sides.

3. End a Collaboration Session with a Summary of Understanding
In addition to the idea that the famous saying of “first impression is the last impression” develops, it’s also true that the last impression is just as important. The culmination of a collaboration session should be on the note that is accepted by both sides and which leads towards building of mutual trust. A summary of understanding provides such a mode of obtaining mutual acceptance which results in a healthier and much more productive relationship in future.

3 Tips for Virtual B2B Collaboration


Competitors Collaborating and Winning

Business Collaboration Can Be a Winning Formula

In the business world, presence of competitors is certain. You can choose to make them your rivals. In an aggressive competition, one of you would have to forfeit eventually and lose everything to the market. Or, you can collaborate! And enter a situation where everybody wins and pockets some profit for themselves. In a business review by Harvard, it was discovered that since 1980s many American companies have been collaborating with companies across the world. These collaborations would have discontinued if it had not been for the immense advantages. American companies owe it to business collaboration with companies across the world to access methods for production efficiency and quality control. Simultaneously other companies have been advantaged from American businesses. Did you know that Canon supplies photocopiers to Kodak? And Siemens and Philips manufacture semi conductors together?

In a tough market where large companies such as these have to collaborate for the needs of the markets, it is harder for startups or even medium sized businesses to initiate big projects alone. ICL, the British computer company, would never have been able to develop its main frames without the help of Fujitsu. Companies have to and need to collaborate for producing new products and accessing markets. Very few companies can function and progress alone in a market.

Today joint ventures, outsourcing agreements, product licensing, cooperative research, etc are on a rise in the business world. However benefits of collaboration have not been fully realized yet. There is still a sense of insecurity and a lack of medium where businesses can interact and communicate.

Here enters the CEO and founder of WinWinUSA.com, Jay M. Bernstein who believes that a new era is upon us. “Businesses, non-profits and government agencies have not had one platform, one mechanism to easily connect, communicate and collaborate. Even though there has been interest in growing collaborative efforts, it’s simply been too complex and prohibitive to realize the benefits. With WinWinUSA.com, it all changes. We took the social media ‘engine’ and redesigned it for organizations to use and benefit from it in a B2B environment.”

WinWinUSA.com is a platform open to all businesses. Whether you are a newbie or your company just celebrated its 50th anniversary, you can collaborate with businesses of all sizes and functions at WinWinUSA.com for mutual benefit. It is ideally designed for businesses to exchange resources and skills; attain what your business is trying to achieve in exchange of what your business specializes in. Thus it is literally a Win-Win situation for all businesses. WinWinUSA.com opens new markets and allows you to access experts at other businesses to innovate products and services. Not just that but collaboration at WinWinUSA.com would be very efficient at cost reduction and resource allocation for WinWinUSA.com hosts several businesses. This gives one the added advantage of having to chose from several companies, each offering a better prospect.

Make the Unique Selling Proposition (USP) of your competitor your own. WinWinUSA.com offers a B2B environment, where nobody looses anything. WinWinUSA.com is about learning from and with your competitor in order to actualize potential profits.

Competitors Collaborating and Winning


Business Forecast: 2015 is the Year of Social B2B Collaboration

Will 2015 be the Year of Business Social Collaboration

Increasingly a need was felt in the business world of a central collaboration platform where businesses of all kinds could come together and benefit from an efficient social networking system. An efficient networking system could provide opportunities to firms to function in collaboration to survive the cut-throat competition in the market. Organizations can come together and trade their best in return of best services from the other. With monopolies and brands heavily controlling the resources and mergers eliminating competition in the market, market is increasing becoming hostile for the survival of new and individual businesses. The only way for new businesses to match up to the superior resources and technology of the leading firms is by pooling in their resources to establish their own brand name in the market.

WinWinUSA.com identified this need and was founded to provide a platform to businesses, non-profit organization and government communities to come together virtually and make offers to and sign deals with other companies to mutually benefit all stakeholders.

Jay M. Bernstein, founder of WinWinUSA.com, commenting for the Emerald, TC article, “2015: The Year of Social Business Collaboration” said, “We recognized one of the key factors holding back the business community from realizing its full potential was a lack of a central, social collaboration tool and community. This is why WinWinUSA.com was founded and why.

Business collaboration is hence an ideal solution for businesses unable to face the pressure of the market alone. After signing up one can view online profiles of companies waiting to court the needs of other company for mutual interest. Since all companies join the platform to seek collaboration, one can easily find eager partners who are under similar pressures to cut costs and increase revenue.

More and more people are benefiting from a paradigm shift to collaborative approaches. With WinWinUSA.com, one can collaborate online with any sort of organization on the basis of pure profit. Without having to go down to anyone’s office, online deals can be signed, services can be sold, payments can be made. Without the problems of merger, such as reorganization of staff, renting new building, reassigning tasks, WinWinUSA.com allows to enjoy benefits of mergers. Businesses engaged in B2B have immense capabilities of expanding without having to bear any major costs. On a B2B website, you do not need to go looking for new customers, the new customers will come looking for you.
With the onset of 2015, Bernstein’s Business forecast is proving to be right as increasingly we are now seeing a general acceptance of the immense value of a site like ours as more and more organizations in the business, non-profit and government communities are joining our website.

If you are an old firm that wants to expand their business or whether you are a new firm searching for a market to give you a break through, WinWinUSA.com is the website to login. If you haven’t already joined WinWinUSA.com then you are missing out on immense opportunities of profit making and expansion. Sign up now to join the business world in its network of the future.

2015 is the Year of Social B2B Collaboration