I'm an independent trader... trading commodities at the C.M.E. Group, member of the Chicago Board of Trade, and I've traded derivatives and futures cash for over 15 years.

I currently lead, in Ethiopia, an exciting new initiative to establish the first Ethiopia Commodity Exchange, or ECX.

That was, of course, the birth of the Chicago Board of Trade, which is the most famous commodity exchange in the world.

Ethiopia's small farmers.

China's Dalian Commodity Exchange, three years ago, 2004, overtook the Chicago Board of Trade to become the second largest commodity exchange in the world.

A step after that is a project on fungible computers.

That's the percentage off times the product in question, times the price, the non discount price of the product in question.

It's p.

The soul of commerce is upright dealing.

And now we move up to the our item.

Let's say it's 3.5 seconds in Europe.

With being in the trade, I am able to get goods at a discount.

Now, in Ethiopia, we're in the process of designing the first organized Ethiopia Commodity Exchange.

Totally New Product

This is only true for normal goods.

The discount would be 3 dollars.

Well, I sort of...

The goods are exempt from taxes.

Eric Beinhocker estimates that in New York City alone, there are some 10 billion SKUs, or distinct commodities, being traded.

Demand went down.

Gee, if you're buying one product, are there any accessories or companion products that you ought to just figure out to make sure that you customers are aware of or on the pricing page or on a price list say

This is powered by low cost VSAT technology, aggressively trying to reach farmers to bring them into the market.

Waterfall development is just a step by step process that says marketing rights are requirements of what the product should do.

That's not bad. I mean, you know, considering' marmalade.

eleven, 1 2, 1 3 sixteen, 1 7, 1 8, 1 9....

Item SS4G

661 00ZBG large size floor runner.

I keep a daily record of my business dealings.

Electronic commerce began to spread rapidly.

Everything at that store is 10 percent off the regular price.

If you wish, you may pick them up, or we would be glad to send them back to you.

Well, what then happened over the last 50 or 60 years, is that goods have become commoditized.

They could even make them modular, so that when one part broke, they could just send us a new piece, instead of taking back the whole broken mess.

It wins or loses at that point.

Froogle

In fact, in 1848, 82 grain merchants and farmers got together in a small town at the crossroads of the illinois River and Lake Michigan to establish a way to trade better amongst themselves.

This is a businessman making a business transaction.

I think the real questions start with what type of product do I have.

They attract customers by offering high quality goods.

So I decided to go there and act as a seller.

A young man came for the new product.

How would you delight these customers?

First, the famous failure.

A commodity thing, an oil well...

All you care about is selling the war.