As it has been the norm for the past 4 quarters, The Broker Forum is happy once again to deliver our Quarterly report.
We are very glad to announce that membership numbers, activity (both on the website and on public pages), number of escrow transactions, and a host of other correlated key performance indicators are all showing growth. This is indeed great news for the industry as trading is resuming at an increasing pace and business is finally picking up.
Here are some of the key highlights of this past quarter:
Our new public website continues showing good results
The number of incoming membership requests has continued to climb since last quarter, the bulk of the increase coming from our newly installed Free Trial form. We are very excited with this development which has contributed to the increase of our membership base, as well as, drive new types of business opportunities for our members.
Escrow services hit a record high
We have never been this busy in our escrow department. We trust this is both a reflection of the state of the industry, as well as recognition of the value of our service to our members. Our team has been stellar in coping with the increase in the number of transactions.
We successfully completed the PPS initiative implementation. Designed specifically to meet the needs of those members who cannot comply to increasingly stringent ISCP rules, the PPS program allows supplier to gain better visibility on Search results. One key to this successful implementation has been our pledge to not upset the balance between tagged and non tagged inventory.
Search Engine, small tweaks, great feedback !
Listening to your customers is the oldest and most fundamental intelligence gathering tool. We did just that by implementing stock upload Timestamp as a key driver to positioning your inventory on top of TBF search results. Simple, but effective !.
TBF World Tour, first stop: Moscow !
For the first time last October, TBF World Tour stopped by at ChipExpo Moscow, Russia’s largest electronics components trade fair. We introduced a new concept this year, by creating a Broker Forum networking space, and allowing members to display their services and meet prospective local and international partners. The event was highly successful and we would like to thank our sponsors for their support. Next stop: Shenzhen in May 2010
Looking ahead
We are very exited at The Broker Forum`s prospects for the next quarter. We are currently extremely busy testing a series of new features built around value initiatives for our members, and we look forward to the opportunity of introducing these in the coming months.
In the meantime, all of us at The Broker Forum would like to thank our members for their continued support, and look forward to any comments you might have about our services.
Best regards,
Jean-Michel Stam Vice-President, Operations The Broker Forum
