Piscataway, NJ (PRWEB) March 18, 2005
TrueCoop.com, an online cooperative buying network, has introduced an innovative overseas sourcing concept that offers considerable advantage to the growing number of small businesses engaged in product purchase and resale. The concept, harnessing collective buying power to secure low overseas prices, is capturing the attention of small business owners, online sellers and auctioneers across the nation.
Overseas sourcing offers significant cost savings potential for a variety of business types, including auctioneers, retailers, and distributors. However, there have always been barriers to overseas sourcing for those who can't afford huge initial cash investments or who don't have the time to learn the complicated task of conducting business overseas. TrueCoop handles the logistics of overseas sourcing, taking care of shipping, customs, currency exchange and communication with vendors. Member's receive product at their doorstep and don't have to pay for shipping.
"Our vision for TrueCoop is to change the unfair purchasing dynamics of overseas sourcing and to take the difficulty out of overseas transactions, so that the smaller organizations and individuals have an opportunity to compete equitably in the marketplace. The average seller on eBay or at a flea market now has the power to buy from China, Taiwan, etc. -- previously only something the big boys like Wal-Mart have been able do," explained Anthony Obioha, President and Co-founder of TrueCoop.
TrueCoop frees up business owners to manage their businesses by taking care of the tough stuff. TrueCoop communicates directly with overseas manufacturers and selects the most lucrative product offerings available. Then, all items selected go into the Pipeline Picker, a section of TrueCoop's website that provides members an opportunity to select items of interest. The items chosen by members are then placed into the following week's catalog so that they can place their orders in reasonable quantities.
"The financial benefits alone are enough reason for most businesses to sign up for TrueCoop's services. It's an exciting venture because we are changing the sourcing model for the common retailer. Everyone's heard about the low prices coming out of Asia, but not everyone could take advantage of it until now. TrueCoop brings overseas sourcing down to a reachable level," stated Todd Galloway, Co-founder and Vice President of TrueCoop.
Obioha and Galloway relied on their backgrounds in sourcing to establish TrueCoop. Obioha has over 10 years of experience in sourcing products from China, Taiwan, Hong Kong, and Africa, and operates a successful import/export company, sourcing goods from Asia and selling them on eBay and Yahoo auctions. Galloway is the Co-founder of a Boston, Massachusetts based Internet holding company with many years of experience in global strategic sourcing and procurement from Asia and Europe.
Registration for TrueCoop is free. To view a selection of products available this week, or to learn more about what TrueCoop has to offer, please visit TrueCoop at http://www.truecoop.com. You may also contact customer service by calling, 1- 888-610-COOP, or by sending an email to firstname.lastname@example.org.
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