Business Services Industry
Government site enables exports ; Department of Commerce teams with IBM to boost global sales via BuyUSA.com.(Brief Article)
B to B, November, 2001 by Frook, John Evan
The U.S. Department of Commerce's U.S. Commercial Service has joined forces with technical partner IBM Corp. to create a site designed to make international sales easier.
The buyers represented on BuyUSA.com-1,500 domestic companies and 14,400 foreign businesses-hold purchasing power that exceeds $58 billion. Officials at the U.S. Commercial Service, created 21 years ago to foster exports by small and midsize businesses, expected even greater participation prior to the Sept. 11 terrorist attacks.
Internet stores
Launched on Oct. 9, the Buy-USA.com site is best described as an eBay for b-to-b exporters. It allows U.S. businesses to easily establish Internet stores to serve foreign buyers.
Corporate users fill out forms in order to be...
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