Definition of Trade fair:
Massive, stage-set, and usually regular trade event at which a large number of manufacturers from a particular industry present their products and show their capabilities to distributors, wholesalers, retailers, and end-users. Some trade fairs (like Hanover Book Fair) attract participants and visitors from all over the world and provide widespread interactions and exposure. Trade fairs are a popular means of sales promotion because their average cost of making a face to face contact is about 44 percent of a personal sales visit. See also trade show.
Trade between companies in developed countries and producers in developing countries in which fair prices are paid to the producers.
How to use Trade fair in a sentence?
- Supporters believe that fair trade is making a significant positive impact in the world.
Meaning of Trade fair & Trade fair Definition