SINGAPORE, December 2018 — Exzbit by Arcadier, the world’s most advanced marketplace platform for trade shows and exhibitions, was officially unveiled at the recent International Association of Exhibitions and Events (IAEE) Expo! Expo! in New Orleans, USA.
Billed as the “show for shows”, Expo! Expo! is a meeting and exhibition by IAEE to provide trade show and exhibition organisers a platform to discover new solutions to navigate the ever-evolving landscape of the Meetings, Incentives, Conferences, and Exhibitions (MICE) industry.
A significant evolution in recent times has involved the movement of trade shows onto the digital realm, with face-to-face events being enhanced by virtual elements and “hybrid events“ where there is a mixture of online and offline elements are becoming prevalent. In 2009, a mere 1% of all trade shows were held online, but by 2017, the figure had skyrocketed to 26%.
B2B commerce too has evolved over time. Total B2B eCommerce sales hit a record US$8.96 trillion in 2018, up from US$7.7 trillion in 2017. That figure is expected to rise further to US$12 trillion by 2020, as more and more buyers are looking to improve product and brand discovery, as well as to have the ability to engage easily anytime and anywhere.
Building on Arcadier’s core marketplace platform technology, Exzbit will enable trade show organizers and exhibitors to build an omni-channel experience and capture the growing B2B eCommerce pie with an online trade show and exhibition marketplace which augments the offline experience, enabling a physical event to transport online easily and efficiently.
The SaaS solution, which can be built and deployed in minutes, will serve as an “always on” digital marketplace that can deliver numerous benefits to multiple stakeholders, including:
- 24/7/365 engagement between exhibitors and buyers
- Faster and easier product and brand discovery for customers
- Expanded access to new markets and customers for exhibitors
- Increased trust in exhibitors by leveraging off the marketplace’s ecosystem of trust, supported by facts, authenticated ratings and reviews
- Greater collection of data to better improve the user experience for organizers
Speaking at the event, June Boo, Arcadier’s GM of USA and Head of Group Strategy, said, “Exhibition 2.0 is coming and inevitable, and we believe that Exzbit, with its easy and affordable solution, will help future proof trade shows and exhibitions by providing an offline to online ecommerce solution that enables them to strengthen their communities, empower content, build trust and fully leverage and use the vast ecosystem available.
About Arcadier and Exzbit
Arcadier is the world’s fastest-growing marketplace creator and the recognised global leader of multi-vendor marketplace technology. Powering more than 3,000 online marketplaces in 96 countries, Arcadier offers marketplace solutions for entrepreneurs and businesses of varying sizes, needs and geographical locations. Arcadier marketplaces support many sharing economy ideas; from retail to services and rental of space.
Exzbit is a marketplace software created by Arcadier specifically for enabling the trade show and exhibition industry with a powerful eCommerce engine. It provides the only end-to-end, easy to use online marketplace solution that allows trade show organizers to increase revenue and drive engagement.
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