Welcome to a tour of our AsiaMart!
As you can tell, this patent pending Global Trade Marketplace has many functions. However, it’s very logically structured and easy to navigate. Let’s take a quick tour here.
You might want to print out our Site Map and have it handy for the tour. Basically, we have the following main functions and flows:
First Level – on the home page:
1. Quick search for companies as well as buy and sell trade opportunities based on keywords, industry, and country.
2. Links to trade opportunities posted by our members, listing of our member companies, trade services provided by our service partners, listing of worldwide AsiaMart Trade Centers, important trade information, AsiaMart news and events, site tour and map, information about AsiaMart, free registration, and member login.
3. On the right side menu, there are additional trading tools with information for top news, important buy and sell deals, featured company and country, handy exchange rates, world weather, world time, and a video display window for video communication to anyone in anywhere.
After logging in, you will enter the second level in the core of our patented Trade Exchange System. Each member will have a Trade Office on the site for managing all your trading activities. When the first person of your company registers, he or she will be given the right as your Company Administrator. Company Administrator can then create Sell Agent (like your sales department or distributor) and Buy Agent (like your purchasing department) for your company. These are logical roles and entities like your sales department and purchasing department, but not real persons. Members of a company then can be created and assigned to Sell Agent or Buy Agent by the Company Administrator. Please refer to our Data Model diagram for a pictorial view. It depends on your selling or buying role in your company, once you log in, you will enter into your Seller (Agent) Trade Office or Buyer (Agent) Trade Office.
In our Trade Exchange System, you will be able to conduct all your trade activities using our powerful Trade Engine and all the supporting facilities. You can post and respond to a sell offer or a buy inquiry, find and check buyers or sellers, negotiate a deal, work with trade services providers for finance, logistics, insurance, inspections, etc. You can also execute your trade transactions and keep an accurate account in your Trade Office.
The detailed process of a transaction works as follows:
After the buyer posts a buy inquiry to the seller:
a. Seller Posts Proposal (Offer)
-> Status = Open
b. b1. Buyer Accepts Proposal - Pay the initial payment (paid in full or deposit)
-> Status= Accepted - Payment Pending
At this point, the proposed offer turns into a deal.
b2. Buyer Reject Proposal
-> Status = Rejected
b3. Seller Cancel Proposal
-> Status = Canceled
c. AsiaMart Administrator Processes/Validates Buyer’s Payment
-> Status = Accepted - Payment Secured
d. Seller Delivered Product/Service
-> Status = Delivered
If there is any balance:
e. e1. Buyer Receives Product/Service, Buyer Pays Final Payment
-> Status = Final Payment Pending
e2. AsiaMart Administrator Processes/Validates Buyer’s Payment
-> Status = Completed
else
f. Buyer Received Product/Service
-> Status = Completed
This is the life cycle of a deal.
The AsiaMart Administration System is equipped to handle all online and offline payment processes. This administration would add another level of security and reliability for the transactions.
In addition, we will have a worldwide network of AsiaMart Trade Centers (151 in China, currently). Their job is to provide trade related services and ensure the success of your trade activities.
Please contact us for any questions that you might have. Happy trading!
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