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Growth spurt at Nextrade: More than 1,500 registered retailers and 250,000 articles

May 14, 2020

The current developments around the Corona pandemic do not allow on-site trade fair meetings at the moment. This is a difficult situation for exhibitors and trade visitors to maintain business relations during this time. Against this background in particular, the order and data management portal Nextrade offers new opportunities with a digital 24/7 business relationship between trade fair participants. As a result, retailers can place their orders with the connected suppliers around the clock and thus independently of current official measures.

"We have just passed the milestone of 1,500 registered retailers at Nextrade, and that with participants from 55 countries active on our Nextrade platform. And the trend is rising. On the supplier side, 185 companies from 17 countries are already registered with more than 250,000 articles - and new ones are added daily. Well-known companies such as Artebene, Le Feu, Emform, Mags, Noi, Römertopf or Sigikid are among our latest suppliers", says Nicolaus Gedat, managing director of nmedia, pleased about the success of the portal.

www.nextrade.market
www.nextrade.market

Philipp Ferger, managing Director of nmedia and Group Show Director, Tendence and Nordstil, also draws a positive conclusion: "Visitors to our fairs - above all, Ambiente, Tendence and Nordstil - actively accept the additional and, what is more, free service offered by Messe Frankfurt. At the beginning of May, we also started our international marketing campaign in the first European markets such as Denmark, France, the Netherlands, Poland, and Sweden together with Messe Frankfurt's sales partners there. And as you can already see today, the portal is also rapidly gaining in importance internationally.”

Nextrade is intended to support retailers in maintaining business relations outside the sector's trade fairs and offers them the opportunity to balance out their backlog of orders by using the portal. At the same time, retailers can discover new suppliers there. The order and data platform thus creates new channels and touchpoints that contribute to the industry trade fairs throughout the year. "As a trade fair organiser, we have been observing, particularly since the beginning of the year, the massive extent to which analogue encounters are dependent on external factors such as the corona virus. Online platforms cannot replace trade fairs, personal encounters and product experiences, but they do represent an important addition and currently an ideal alternative for our customers' business. Despite all the challenges facing retailers, it's great to see the strength with which they are continuing in these times and remaining active in different ways," Ferger continues.

However, the online platform is not only aimed at trade fair participants. As the first digital B2B marketplace for Home & Living, the platform brings together supply and demand from the entire industry digitally - and thus creates great added value for both sides. It also offers suppliers completely new sales and distribution channels, especially abroad. Nextrade enables them to easily integrate trading partners, both at home and abroad, who were previously not reached via trade fairs or other sales channels.

Nextrade – the digital marketplace

The new digital ordering and data management system for suppliers and retailers in the consumer goods industry extends the trade fair and allows orders to be placed at any time of day or night, 365 days a year.

www.nextrade.market

Conzoom Solutions – The platform for retailers

Conzoom Solutions is a knowledge platform that offers the consumer goods industry a wide range of studies, trend presentations, workshops and guidelines for the point of sale. It provides a complete overview of Messe Frankfurt's international portfolio in the consumer goods sector – bundling a wide range of information for retailers.

www.conzoom.solutions

 

Background information on Messe Frankfurt

Messe Frankfurt is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With more than 2,600* employees at 30 locations, the company generates annual sales of around €733* million. We have close ties with our industry sectors and serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of the Group’s key USPs is its closely knit global sales network, which extends throughout the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. Headquartered in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).

* preliminary figures 2019

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