It is wonderful to see collectors exhibit. The hobby can sometimes mean that pieces of philately are bought and placed in a private collection and then not celebrated & seen by the general public. Exhibiting ensures people are showing some of their collections.
For the trade in general, this helps to generate sales as collectors spend more money on stamps to enhance their exhibits. Sometimes this can mean driving up prices as they work to display an exhibit by a set date. A collector will move from simply buying items they love to buying items they require for their exhibitions. A good dealer will work alongside collectors to help them fulfill their collection & ensure they are showing their best possible display. A dealer will work to help find pieces which might be missing.
When other collectors see their exhibitions it can lead to them collecting within this area, which means that you can restock pieces and it, can open up new fields and areas of interest. As the exhibitor becomes more knowledgeable, they may write a book. This always gets new collectors interested in a specific field. For instance, David Rouse wrote a book on Rainbow and this increased the number of people collecting different colours.
Exhibitors normally attend the show they are exhibiting in. When the medal results are out and the judges critique the entries, it in effect giving the exhibitor a shopping list which the dealers at the show can help them with.
The more money spent & the more people celebrating the hobby always filters down and indirectly or directly has a positive impact on all dealers & in turn the hobby as a whole.
By Mark Bloxham