It showcases the area of comparative advantage of a State;
It is a place where Companies showcase and demonstrate their products and services to potential buyers;
It is a place where industries meet with other industries that produce same products;
It is a place for different companies and industries to show their products to possible customers;
It creates link between the manufacturers and the industries;
It acts as supply chain, from production to sale;
New products are lunched at Trade Fair;
It brings opportunity for industries to assess opinions from clients and determine market potentials;
It helps industries to develop market structure by identifying new agents and distributors;
Trade Fairs are means to evaluate competition; Trade Fairs are places where businesses are combined with pleasure;
It is a place to initiate joint ventures and project partnership;
It brings potential investors closer to the policy makers in the State;
OYCCIMA
BenefitsoftheTradeFair?
It provides a unique venue for the significant players from the industries to meet in a place within a short space of time to see large number of products at the same time;
People of common interest are made to connect with one another;
Trade Fairs bring influx of investors, patronage of locally made products and economic development of the host State/Nation;
Trade Fairs contribute to poverty eradication and sustain development;
It brings about industrialization. Industries want to get closer to the source of raw materials;
It brings about long term and short-term benefits to the government and the populace;
It assists in the generation of revenue to the State Government;
It reduces unemployment rate;
Many times, potential entrepreneurs and industrialists are fished out from lectures, seminars and conferences that are held at Trade Fairs;
Incomes are generated by some people e.g. Artisans, the casual workers, cleaners etc;
Visitors have a comprehensive overview of the entire market and industry;
Trade Fairs help to follow the latest trends in the in the industry by keeping you up to date;
Trade Fairs are usually collections of unforgettable memories and experiences; e.t.c.