Envision a platform where all countries, large or small, come together in one place to showcase their products for export promotion. A platform where Ministries of Trade or a Chamber of Commerce Organization can have a voice to help shape their nation’s online representation to the world. At the Nation Marketplace (NMP), we have been engaging with government officials and NGOs to learn about their challenges and success stories. Through these engagements, we have found a common thread. All nations would like to export more goods to the United States and globally to increase trade growth which we referenced in the article Governments and NGOs Invest in GDP Growth by Leveraging Nation Marketplace for Export Promotion. However, to expand on that theme, it’s important to know that the NMP has created a platform that is very unique on several levels.
First, let’s start by mentioning the leadership of the company. NMP CEO Lori V. Gagnon helped pioneer Walmart’s online presence starting in the late 1990s by adding 20,000 products to Walmart.com. She has a unique understanding of the industry from eCommerce and technology to supply-chain management and other areas in the push to reshape the future of global eCommerce in a B2B environment which is expected to reach $20.9 trillion (USD) by 2027 (Research and Markets 2020).
As for the Nation Marketplace platform, the site has been under development and constant testing for a few years which is normal for any scalable website. And now that’s it’s built, it’s no longer necessary for countries to go it alone by replicating something that is now available as a global trade promotion source. As Ms. Gagnon explains, “It’s better to place your resources and marketing dollars towards channeling local suppliers onto the Nation Marketplace to promote the goods your nation manufactures. We often hear that government agencies have launched trade promotion platforms that didn’t produce the expected results due to the high development cost, maintenance expenses, and weak marketing. By engaging NMP, we will create a destination for your country and customize it to your requirements so you can focus your efforts to onboard suppliers and highlight industries you wish to promote. We’ll then engage in a marketing campaign that helps you garnish the results you’re looking for and at less cost than you would expect.”
In addition, the Nation Marketplace is custom built, whereby it can create new features and functionalities to customize each nation’s and its customers’ experience. Similar to the South Africa Marketplace, external links may also be added as banners to promote trade organizations as well as driving investment into the country. Another cool feature is NMP’s advanced search tool to find unique products country by country.
How much does it cost for a Government / Chamber to enroll?
As a model of scale, our suggestion for a Government Ministry is to start by purchasing TWENTY (20) Select Memberships for $10,000.00 (USD), or, alternatively, purchase FIFTEEN (15) Select Memberships and TWO HUNDRED FIFTY (250) Basic Memberships for the same $10,000.00 (USD). The ministry then allocates those memberships to your country’s suppliers along with a unique promo code so suppliers can self-upload their products. At the same time, the Nation Marketplace will begin discussion on how best to promote your nation’s marketplace within the United States and other preferred regions of the world you wish to target. The concept of giving out the $10.00 memberships to SME’s, artisans, or rural agricultural producers is encouraged because export growth creates jobs, and jobs are good for every local economy. Furthermore, there is no limit to the number of memberships a country may purchase.
If you’re purchasing memberships for a Chamber Organization, consider offering your members a complimentary Nation Marketplace subscription that is based on the tiered membership levels that you offer. For example, if your Chamber sells a small business membership of $250.00 (USD), why not give them a $10.00 membership to the Nation Marketplace as an added benefit for becoming a member with your organization? NMP can negotiate a package that best suits your requirements. For more information on how to get started, contact us.
Article source: https://article-realm.com/article/Finance/41525-Strong-Value-Proposition-for-Every-Nation-or-Chamber-Organization.html
Reviews
Comments
Most Recent Articles
- May 10, 2024 Exploring Growth Opportunities in the Oligonucleotide Synthesis Industry by Jignesh Jariwala
- May 9, 2024 How Mutual Fund Software Simplifies Research for MFDs? by Wealth Elite
- Apr 2, 2024 How Can Mutual Fund Software for IFA Deliver Superior Service with MFU? by Wealth Elite
- Mar 21, 2024 Exploring Transaction Platforms Offered by Mutual Fund Software for Distributors by REDVision Technologies
- Mar 20, 2024 How can MFDs establish trust among their investors with mutual fund software for IFA? by Wealth Elite
Most Viewed Articles
- 10457 hits How to Start an Invention Idea by Edwin Poul
- 8723 hits How to Download and Install Facebook Messenger on Firestick by Hope Mikaelson
- 2426 hits Brief discussion about Water by kavin prasath
- 1998 hits Importance of Proofreading While You Write an Assignment by clara
- 1683 hits Everything About Garmin Express by Maria Cooper
Popular Articles
In today’s competitive world, one must be knowledgeable about the latest online business that works effectively through seo services....
76967 Views
Are you caught in between seo companies introduced by a friend, researched by you, or advertised by a particular site? If that is the...
32011 Views
Walmart is being sued by a customer alleging racial discrimination. The customer who has filed a lawsuit against the retailer claims that it...
12437 Views
If you have an idea for a new product, you can start by performing a patent search. This will help you decide whether your idea could become the...
10457 Views
Statistics
Members | |
---|---|
Members: | 14262 |
Publishing | |
---|---|
Articles: | 59,886 |
Categories: | 202 |
Online | |
---|---|
Active Users: | 1062 |
Members: | 13 |
Guests: | 1049 |
Bots: | 5353 |
Visits last 24h (live): | 3544 |
Visits last 24h (bots): | 12050 |