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MII NEWS
Indo-World Plaza connects small businesses with global buyers
14 Jul 2021
Madeinindonesia.com introduced a one-stop solution B2B e-trade mall, called Indo-World Plaza, to handle end-to-end trade services that will connect Indonesia’s Tier 2 and Tier 3 suppliers (makers, producers and small businesses) with international buyers.
The e-trade mall guarantees transparent and secured sourcing solutions for international buyers while at the same time offering zero-commission services for sellers in a trusted environment.
Indo-World Plaza may also handle fulfillment service after a consensus is made between domestic sellers and foreign buyers on prices and product specifications.
“Depending on conditions, the platform may take over the entire trade process and provide PO/Invoice financing facilities to sellers and Pay Later facilities to buyers to create a win-win solution for both parties,” said Madeinindonesia.com founder and CEO Ilyas Bhatt at the Bogor office, West Java, recently.
Indo-World Plaza presents this Amazon-style business services to ensure the quality/specifications/packaging/shipping and payment aspects so that a secure and efficient trade can be achieved.
“We work with over 2,500 Indonesian member companies in four high value industries with over 10,000 SKUs to build Indonesia’s largest digital ecosystem to simplify digital exports and international sourcing from Indonesia,” Ilyas added.
We hope with all our services the international buyers can conduct efficient and sustainable trade with Indonesian sellers at over 90 percent efficiency rate than offline trade especially when they do trade with direct producers.
The e-trade mall offers an array of products in four main categories for the international buyers. They are agriculture, F&B, apparel/garment/textile and home & beauty categories.
Potential buyers for those four categories are expected to come mostly from Middle East and African countries. Buyers from other countries may still buy Indonesian products from Madeinindonesia.com.
All Indonesian producers and small and medium enterprises (SMEs) are eligible to register at Indo-World Plaza subjected to products portfolio and KYC/AML process of Madeinindonesia.com.