This excerpt taken from the GSOL 6-K filed May 22, 2008.
1. Market Penetration
Our existing markets offer significant opportunities for further growth. For our export-focused online business, we anticipate continued strong performance, especially from our new Global Sources Online 2.0, which we believe offers the premier search experience in our industry. In January 2008, we added the Six Star ranking system that provides buyers with third-party credit check information on all verified suppliers; plus we introduced an end-to-end repackaging and repricing of our supplier marketing programs. As evidence of market acceptance, product and supplier content on the site has more than doubled, and online revenue in China increased by 30% in the fourth quarter of 2007.
For our China Sourcing Fairs, we plan to further penetrate the market by increasing our average revenue per booth and the number of booths we sell. We also intend to focus on cross-selling to clients not using our online, print and trade show services and achieving continued strong growth in China.