this story was taken from www.inq7.net

URL: http://www.inq7.net/inf/2001/oct/30/text/inf_2-1-p.htm



RP intros mobile trading
of agriculture products

Posted:10:25 PM (Manila Time) | October 29, 2001
By Erwin Oliva
INQ7.net

TRADING of agricultural products and supplies is now as easy as sending "text" messages (SMS or short message service).

Trading portal B2Bpricenow.com now allows subscribers to get information on the prices of agricultural products and supplies using their mobile
phones through a tie-up with Smart Communications Inc. and Globe Telecom.

With this service, agricultural traders who are either Smart or Globe subscribers can post or change the prices of agri-products or supplies whenever they want and wherever they are. They can even check out the
latest prices of commodities "on the move."

Those who are not yet members of the trading portal are required to sign up at the website first. The website will require them to create usernames and passwords. Once their membership is approved, they can start using the service by sending special text "commands" to a number designated by Smart or Globe.

Smart subscribers will send the text commands to 211.

To canvass the prices of commodities, for instance, Smart subscribers can key in "B2B" plus the password (supplied to the website) then send it to 211. Then a message will be sent back to the subscriber saying:
"12345 Green Mango P100.00." "12345" is the identification number, while Green Mango is the product and 100 pesos is the commodity price of the
product.

"Users of the B2Bpricenow.com services and the SMS-equivalent services stand by the benefits of this one-of-a-kind agri-trading. They say that this alternative marketing strategy does away with middlemen because it allows farmers and entrepreneurs to engage in direct selling," said Mon Isberto, public affairs head of Smart.

"It used to be time-consuming and inconvenient for a small farmer to know current agricultural market prices because he/she has to travel a long way to the city. But with a mobile phone in hand, he can trade,
and trade effectively," Isberto added.

©2001 www.inq7.net all rights reserved