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127th Canton Fair Ends Successfully Online
Source: | Author:Xi'an Echo International | Published time: 1875 days ago | 1458 Views | Share:
The 127th Canton Fair will be held online for the first time, which is a practical initiative. How was the first online Canton Fair presented?


       The China Import and Export Fair (The China Import and Export Fair, referred to as: Canton Fair), founded on April 25, 1957, is held in Guangzhou every spring and autumn, sponsored by the Ministry of Commerce and the People’s Government of Guangdong Province, China’s foreign trade Center undertakes. It is the most comprehensive international trade event in China with the longest history, the highest level, the largest scale, the most complete variety of goods, the largest number of buyers at the meeting, the widest distribution of country regions, and the best transaction results. It is known as "China's first exhibition ".

      On April 7, 2020, Premier Li Keqiang presided over the executive meeting of the State Council. In response to the severe situation of the global epidemic, the meeting decided that the 127th China Import and Export Fair will be held online from June 15-24. On June 15th, an online launching ceremony is planned to invite senior government officials and well-known entrepreneurs to connect simultaneously.

      As of 5 pm Beijing time on June 24, the ten-day 127th Canton Fair successfully concluded. The first online Canton Fair under the theme of "Canton Fair Cloud, Mutual Benefit World" played an important role in expanding the market and securing market share with the help of cloud carriers.

       It is understood that the current Canton Fair attracted overseas buyers from 217 countries and regions to register for the exhibition, and the distribution of buyers from the source reached a historical record. Numerous global debuts and new products from the Canton Fair were unveiled. Nearly 26,000 domestic and foreign exhibitors uploaded massive exhibits through graphics, video, 3D, and other forms.



   New opportunity in crisis, New beginning in change

       Just as Xu Bing, a spokesman for the Canton Fair, said that organizing the Canton Fair on the Internet can help Chinese and foreign companies to maximize the impact of the epidemic, educate new opportunities during the crisis, and open up new situations during the change. Now, the exhibitors who have just retired from the "screen-to-screen" live-streaming goods, recalling these 10 days of experience are particularly profound on this sentence.

       Compared with traditional offline transactions, this session of the Canton Fair has also played an unparalleled advantage in previous Canton Fairs. On the first day of the Canton Fair, 14 exhibitors were harvested by exhibitors in one fell swoop. Another exhibitor stated that the number of fans on its official website increased by more than 200 people within three days.

       At the same time, some exhibitors have feedback that it may be the first time to open online channel exhibitions and the reasons for the insufficient preparation of the company itself. On the whole, the inquiry and high-intention customers of this Canton Fair are not as expected, and online traffic is not Complete the conversion in a short time.

      However, from the perspective of the domestic and international epidemic situation, the exhibitors said frankly: "Online Canton Fair still opens a new road for our enterprises in the cold winter. If this year's Canton Fair is cancelled, it means that we may have 0 orders and 0 revenue this year. However, the emergence of the online Canton Fair has indeed allowed our enterprises to see new opportunities in the crisis, at least paved a new sales channel for the product, and the opened online live broadcast has also provided a reference for the operating experience of brand exposure and subsequent online operations. And help."



   Some Consideration and Expectation to Online Canton Fair

      Recalling the participation process of the online Canton Fair, the exhibitors summarized the following considerations during the live broadcast and inquiry docking of the exhibition:

1. The pre-stage live room construction and exhibit preparation are too rushed: the online exhibition preparation time is insufficient, the live room construction is unreasonable, and the exhibits cannot be highlighted during the live broadcast, which is not attractive to buyers;

2. Lack of effective marketing promotion: unable to drain from social media such as Google, Facebook and offline channels, and insufficient exposure in early promotion;

3. Fear and poor interaction of foreign trade live broadcast personnel: Business personnel faced the live broadcast scene fright, the product selling point is unclear, and there is a lack of effective interaction;

4. Unable to save the buyer's information: Compared with the offline business card exchange, the online capital retention process is more complicated and inefficient;

5. Low traffic conversion rate: Judging from the number of real-time interactions in the live broadcast room and the number of follower registrations, the number of overseas buyers who actually watch the live broadcast is relatively small, with a high bounce rate and low conversion rate;

6. 24-hour live broadcast consumes physical strength: Long-term, high-frequency live broadcast is a test for the physical strength and energy of the operation team. The anchor often yawns and loses energy, which affects the viewing experience of the live broadcast room.

       Faced with the double-sided performance of the online Canton Fair, industry insiders pointed out: "To a certain extent, the successful holding of the Online Canton Fair will become the reference template for the next Canton Fair. The combination of online + offline dual channels is more likely. The future Canton Fair 'S exhibition model will be more abundant."

      At the same time, exhibitors also have more expectations for the next online Canton Fair: "Traditional foreign trade has moved to the'cloud" is no longer a new thing, and how to make the Canton Fair rejuvenate and open up online customer acquisition channels and traffic The channel may be a greater opportunity for the online Canton Fair in the future. We look forward to the future online Canton Fair having more in-depth cooperation and interaction with Ali, ByteDance or other technology providers."