Research from Euromonitor has shown that the pandemic has accelerated the need for B2B e-commerce, with small and medium businesses (SMBs) needing to find suppliers outside of their domestic market, reflecting the impact of the changing business landscape.
To help business buyers unlock new possibilities, Alibaba.com, the leading business-to-business (B2B) marketplace with more than 200 million products from over 200,000 suppliers, has officially kicked off its global, virtual trade event – March Expo.
Running until 31st March, March Expo is aimed at connecting buyers and sellers around the world, to help SMBs find new products and secure new supplier agreements to increase margins and grow their business in the face of adversity.
With a growing number of business buyers also focusing on online procurements channels to access a wider range of product inventory and to improve the fulfilment process, March Expo is the perfect opportunity for businesses to revaluate procurement decisions for the year ahead. Digital platforms and tools - like Alibaba.com - make it easy for businesses to diversify their supplier networks to reduce risk and protect their business.
There are many reasons why business buyers should attend this year’s March Expo. But, here’s just three of the ways that it can unlock new possibilities for the year ahead.
- Explore new and exciting product categories to re-sell to end consumers
Alibaba.com has carefully curated a supply of the best-selling and most trendy products for buyers. In fact, this year’s event is focused on four product mega-trends: Sustainability, Smart, Lifestyle, and Health. Products within these trends are growing exponentially on Alibaba.com, with new products being added at least five times the rate of Alibaba.com’s general product pool during the last three months of 2021.
- Discover new ways to connect with quality suppliers from around the world
Buyers can connect with new suppliers from around the world at the click of a button. Quality suppliers will be showcasing their factories through thousands of live-streaming and virtual reality (VR) showrooms.
- Increase margins to grow your business
March Expo is designed to help buyers better leverage global ecommerce and, ultimately, to increase margins and grow their business. The Expo is focused on creating valuable sourcing opportunities for businesses, with a spotlight on new products, suppliers and services, as well as numerous on-the-spot supplier discounts. It also offers 10 million ready to shop items with a “Delivered By” date service to provide additional peace of mind. By exploring Alibaba.com, buyers will gain insights that can enable them to spend less, sell more and grow in 2022.
March Expo is live on Alibaba.com from 1st – 31st March 2022. Livestream and virtual reality events, on-the-spot supplier discounts, and other exciting initiatives for buyers will take place daily during this period.