gbcprime, Trilateral B2B Online Trading Platform (Buyer – Govt. Agency – Seller)
gbcprime is a B2B online trading platform representing Gyeonggi Province, the largest local government in the Republic of Korea. What makes gbcprime different from other online platforms is that local trade experts, called GBCs (Gyeonggi Business Centers), arrange secure trade deals between buyers and sellers. GBCs act as a broker for transactions between the two entities, but they do not collect any brokerage fees for matching buyers and sellers with each other.
gbcprime provides systematic export support to companies in Gyeonggi-do through the closed loop system, and has established a process that automatically matches video consultations between companies and buyers based on 100,000 buyer data. In addition, we have completed the trademark registration ('23.8) and patent application for the three-party B2B overseas marketing system of gbcprime.
GBCs are the overseas offices in 14 countries affiliated with Gyeonggi Provincial government, introducing excellent Korean products to overseas buyers and assisting them to sign trade deals with Korean companies so that buyers can import and sell products without any problems. If you click ‘GBC’ column in gbcprime, you can check the Korean companies and products managed by each GBC. The product of the company managed by GBC is labeled 'GBC PICK', which means not only exceptional products and also highly reliable companies approved by GBC.
There are about 3,700 products in gbcprime with 10 fields, ranging from consumer goods to beauty products, as well as industrial goods, electricity and electronics, and bio products. Various other excellent products will also be added continuously very soon. At the bottom of the platform main page, there are ‘BEST PRODUCT’ and ‘BEST COMPANY’ spaces, which are changed every month to include products and companies that are performing excellently.
Buyers need not sign up to use this platform, and if they are curious about GBC or the specifications of the registered products, they can just leave an inquiry. The inquiries will be automatically forwarded to GBCs, and they will either provide an answer to the buyer’s queries or arrange a meeting between buyer and seller.
In addition, we hold regular Online Exhibition & Consultation sessions (GPS, GBC Product Show) in gbcprime. Products are displayed online via the GPS column 10 days before the main event, and buyers can submit inquires if they find items they are interested in. Then, GBCs will check the buyer’s request and arrange an online meeting during the event. We are currently holding exhibitions for all categories, but we plan to diversify the exhibition topics to GBC-based regions or specific item groups tailored to buyer needs. If buyers wish to participate in the events regularly when GPS of interested items are held, buyers need ask the GBCs to register them only once, and they will then confirm the buyer’s intention to participate whenever the same kind of exhibition is held later. In the future, through MOU signing ('23.5) and collaboration with KTNET, a logistics & payment system will be added to gbcprime so that B2B transactions can proceed one-stop within the platform.
Gyeonggi Province is Korea's largest local government with 14 million people and has the largest number of companies, from traditional enterprises to high-tech industries. Therefore, buyers are advised to browse through the broad range of excellent products of various Korean companies available via gbcprime, and continue with the transaction safely and free of charge through GBC.
GBCs, which stand for Gyeonggi Business Center are the overseas offices in 14 countries affiliated with the Gyeonggi provincial government, supporting Gyeonggi province companies to export their products to overseas countries. GBCs are marketing experts to serve as intermediaries between buyers and Korean companies and help difficulties that may occur during transactions.
GBC's global marketing business includes GMS, GPS, GBM, export consultation, and global g-fair. GMS(GBC Marketing Service), as an export agency project, is a program that closely supports overseas market development activities such as market research, buyer exploration, trading agents, and transaction contracts on behalf of small and medium-sized export companies in the province, which are difficult toenter overseas markets by themselves. GBM(GBC Business Matching) is an automatic video consultation matching support system that automatically matches buyers according to the desired country and item. GPS is a business that displays excellent products from companies in Gyeonggi-do and automatically matches buyers. We are doing our best to support Gyeonggi-do companies in developing export markets.
GPS stands for GBC Product Show, which is an online exhibition of excellent & specialized items opened to you throughout the year. In order to get the chance of the great show, buyers should register in advance to the local GBCs. Just by registering at it for free, you can continuously participate in exhibitions of trendy and high-quality Korean items. During the exhibition period, you can make an inquiry of interested products through video conferences with Korean companies. And even after the exhibition is finished, you can coutinue the discussion by requesting additional meetings.
We hope do not miss the chance of meeting great Korean products at GPS!