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Introduction
The exhibitions and meetings industries have become one of the most profit making and serious industries in the corporate world toady. This is indicated by the fact that profits are constantly growing in these two industries annually and many players have discovered the secrets behind the trade. These positive outcomes have been brought about by different reasons. For instance, transportation infrastructures in the US have encouraged convenience for a large number of people from other parts of the world and also within the US. Additionally, the country has numerous financial and business institutions that allow oversees players to conduct meetings and exhibitions within the US. (Walsh, 2007)
Furthermore, the country has a good record of trade exhibitions and meetings thus encouraging a high influx of consumers here. The good telecommunications network within the country also backs this. The country has so many venues for conducting exhibitions and meetings that some consumers are spoilt for choice. All in all, this has made the country very appealing to the public in terms of these two industries. However, there are certain threats and challenges encountered in both. The issues and trends in both industries shall be examined below
Trends and issues that both the exhibitions and meetings industries share
Both industries share the fact that their consumers may emanate from the local scene or they maybe international. The current trend in the industry is attracting as many international exhibitionists as possible as these kind of conferences give businesses the chance to expose their services to other consumers of the world that had not been reached previously. On top of that, such clientele bring in foreign exchange currency within the country. International conferences are particularly common place within the country especially for international organizations such as the UN. The latter apply to the meetings industry. On the other hand, the exhibition industry also host a wide range of international consumers. For instance, there may be organizations, groups or individuals who want to display their goods from a wide range of countries. The latter has been catapulted by rising use of information technology and the concept of globalization. Both the meetings and exhibitions industry have grown as a result of increased marketability caused by a highly informed public. (Baumol, William and Alan, 2006)
December 24, 2009, Chenghai District, Shantou City, Guangdong Province, Department of Culture has been named as “Guangdong animation (Toy) creative industry clusters”, which means that in Guangdong Province and even the country’s largest toy animation and creative industries cluster-building into the new period.
First half of 2009, Chenghai toys exported 152 million U.S. dollars, up 15.53 percent, and has occupied the mainstream of the domestic market, in a direct impact on the financial crisis, China’s toy export industry contrarian up. Chenghai toys & gifts industry, relying on independent innovation and brand building, optimization services, maintaining a sound momentum. Chenghai Toy strong development has given rise to concern that the development model for China’s toy industry and other manufacturing enterprises that can be used as reference experience.
Guangdong Provincial Department of Culture, Deputy Inspector Wang industry group representation, Chenghai toy industry from a pure manufacturing industry to develop to the combination of high-end animation and animation toy for the creative industries in transition, the process is taking a completely autonomous market-oriented path.
“Chenghai animation (Toy) creative industries cluster is a veritable industry cluster, its path of development has given us a new inspiration. ‘Chenghai mode’ tells us that the development of China’s cartoon industry to explore a variety of ways, but it is one of the Chenghai can as reference model. Chenghai experience reaffirms Note: the market, only the market is the basis for business to settle down; market, only the market is our area of contaminated! “Wang said, the industry group.
Market spawned the toy industry in transition
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Sites which own these construction databases offer easy access of information about the bidding process. At the click of a mouse, you can find bid due dates, project description, contact information, and more, without having to build contacts or rely on insider information. The websites enable you to search bids by state, project type or keyword. Thus you can identify and manage bidding opportunities in a convenient and effective manner.
How do these websites work? They provide weekly bid notices and construction project reports.When you subscribe to their services, you receive online, real-time access to bid notices reports. Each report provides all the information you need to make an informed decision about a particular project. Through the weekly delivery of this data, construction managers, contractors and building product manufacturers can begin working on projects much sooner than they would otherwise.
The best of websites that provide such construction reports, provide convenient options for accessing information. This enables you to find leads over your competitors by bidding early, before others know about a lucrative project.
Besides, sites which maintain construction databases also equip one with market/geographical insight. They provide you with an overview of the markets such as retail and hotel markets, as well as states that a particular company is currently working in. Moreover, by providing you a list of companies that are similar to a certain company, they enable us to form a good idea about our competitors, which is particularly helpful when making construction project bids .
In China, juice beverages contain fruit & vegetable juice and fruit & vegetable beverage. The fruit & vegetable juice is made directly from fresh or chilled fruits and vegetables. Fruit & vegetable beverages are ready-for-drink beverages by adding water, sugar liquor and sour agent, etc into the juice and concentrated juice of fruits and vegetables. In China, the juice content for fruit & vegetable beverages should be no less than 10%, otherwise they will belong to other kinds of beverages.
China is abundant in fruit resources. In 2009, Chinese fruit yield came up to about 120 million tons (excluding melons), ranking the world Top. Despite the gigantic population, Chinese consumption of juice beverage is quite low. The annual juice beverage consumption per capita was below 10 liters in 2009. According to the market investigation of China Research and Intelligence, in 2009, Chinese juice beverage production amounted to 13.47 million tons, 14.20% increase over 2008; the market scale reached approximately CNY 57.50 billion, rising by 15% YOY.
The market investigation of China Research and Intelligence shows that, in Chinese juice beverage market, the market share of 100% concentration juice is only 5%-6%, while the most shares are held by low-concentration juice beverages (juice content no more than 25%). This is mainly due to the purchase capacity and consumption ideas of consumers.
By the end of 2009, there were already over 1,000 juice processing enterprises in China, but few of them are large ones. Except that the products of several enterprises such as Huiyuan, Coca-Cola and Pepsi can be sold well all over China, most other enterprises can only sell their products in the regional markets. Restricted by the financial capacity and marketing channels etc., those regional enterprises are unable to operate in the national market. In the long run, these regional enterprises are likely to become the acquisition objects of juice beverage giants, who can improve their regional market shares and set up localized production bases through the acquisition.