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Chino, CA--- Virtual Consignment, VIRT-CO, is a brand new program unveiled by the wholesale experts at Rhinomart.com. The program is a first in developing a strong network among wholesalers nationwide. The premise is simple: Rhinomart.com, a known name in the online wholesale industry, will use its web resources to offer a unique e-platform for other wholesale traders' wares on a consignment basis.
"Rhinomart.com is one of the top websites for wholesale business to business sales," said John Elma, Director of Operations. Participating partners are expected to benefit from the extensive advertising Rhinomart.com employed to put them at the top of most search engines.
"The VIRT-CO program offers trading partners a better way to get their products out there, and for Rhinomart.com to offer larger quantities of wholesale stock available," said Elma. The ultimate goal of the program is for it to be a win-win situation for all parties involved.
VIRT-CO is the brain-child of the CEO for Rhinomart.com, Drawlon Tsang. Tsang has led to way in other innovations for Rhinomart as a company, and the VIRT-CO program is no different. The program developed as a way to satisfy everyone's needs, both Rhinomart's and other wholesalers.
"Rhinomart.com is embarking on new territory here for cooperation in the wholesale arena. Companies selling merchandise on our site will have the latest in web tools for inventory control, traffic statistics, and more," said Tsang.
With competition looming from larger wholesale conglomerates, the days might be numbered for smaller wholesale outlets. The U.S. Department of Labor expects a trend of smaller companies merging together, to produce a small population of super wholesale companies.
"The VIRT-CO program is an alternative to the merging trend. Here companies can work with Rhinomart.com to share advertising and e-tool resources, while still maintaining company autonomy," said Elma. VIRT-CO is unique as a cooperative advertising program because of its flexible performance based cost structure. “We have the option to markup or charge a flat commission rate only when an item is successfully sold,” says Elma. This program enters into a risk free environment for many struggling wholesalers looking for low cost marketing avenues.
VIRT-CO is also a program expected to grow and change with increasing customer demands. "We expect VIRT-CO to be so flexible, it can mold to any company's sales strategy," said Tsang. Data from purchases, customer traffic, and industry changes will all go into upgrading VIRT-CO on a regular basis.
The promise of such a program is intriguing. Expending web tools and resources to preserve smaller companies is almost directly opposite to traditional uses for websites. Multitudes of wholesale companies will no longer directly compete with each other for precious online customers and advertising partners. The VIRT-CO program is stepping forward to direct wholesale customers to one source for all of their wholesale needs. The VIRT-CO model is an online revolution other industries can look to for the latest in web cooperation.
Call 1-909-287-0911, or email us at info@rhinomart.com
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