First Social Networking Site For Global Trade Tops 100K Products In First 3 Months

Tradesparq.com, the first social networking site dedicated exclusively to global trade has already topped 100,000 products. End Quote

(1888PressRelease) August 18, 2010 - The fast growth is attributed to high demand from exporters across Asia looking to expand their buyer network outside of traditional online trade advertising formats. It also shows that social networking tools are gaining traction in online trade and social commerce because they allow suppliers to build and expand their export network proactively by taking advantage of their existing trade contacts.

"We're excited about the quick growth and think a large part of the success is a result of Tradesparq allowing the sales staff of factories to build and manage their own sales profiles including uploading products," said Brian Hager, President of Tradesparq. "It's become clear that the sales staff operating in specific product lines are our most motivated users because they have seen the immediate advantage of being proactive online. Plus, they can leverage their current contacts by importing these directly into Tradesparq.com."

For buyers looking to grow their factory network or their wholesale network, Tradesparq has also become a quick way to meet, follow, and verify potential suppliers as well as stay in contact with existing suppliers. Networking tools such as references, connections, and shared connections have allowed buyers to verify potential partners through their existing network, something not available on other online trade sites.

In addition to growth in product posting, Tradesparq has seen a significant increase in the number of trade service companies posting service profiles and connecting with suppliers and buyers.

Tradesparq is the first B2B site to combine business networking tools with traditional online trade advertising. This service returns better search results for buyers and offers a more proactive marketing service to suppliers. Companies post products and services on www.tradesparq.com for international and domestic buyers to find and send inquiries. More importantly, suppliers and buyers can connect with each other, view details, check references, and send real-time automatic product and service updates. Tradesparq has tens of thousands of supplier, buyer, and product profiles online.

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