Nowadays, supermarkets are growing their sales very rapidly and the local businesses are getting impacted. Many people believe that this trend will lead to the closure of the local shops and businesses and hence harm local communities. However, I completely disagree with this view and think that local communities will be benefited with the advent of the supermarkets.
Many believe that native businesses are not able to compete with the supermarkets and are posing great losses. Firstly, supermarkets offer discounts on most of the items they sell because they buy from the suppliers in bulk and get better rates for the products. However, as regional vendors can't buy in bulk and have to pay more for the same products and hence can't give away discounts like supermarkets. Secondly, supermarkets sell multiple products under one roof and so buyers do not need to go to multiple places to get their necessities. Supermarkets these days offer some of the recreational activities such as cinema, play zones for kids etc. , under their roofs as well.
On the other hand, I believe that local communities can benefit from the supermarkets as they will decrease the monopoly of the native vendors and will encourage them to choose from the newer processes of operating businesses instead of traditional ones. Also, native shopkeepers or businessmen do not need to worry about their very existence in the market. For example, China's local businesses very well flourish even after Walmart has opened multiple stores there. Customers would not visit supermarkets daily because there is a limited number of supermarkets in the cities and they will need to spend money to reach there. For the daily needs or some emergency needs etc. , buyers visit local shopkeepers not supermarkets.
To sum up, it is very much correct that regional markets are not able to compete with the supermarkets with their existing ways of doing business. They should improve their processes and stay competitive with supermarkets. Its the local community that will benefit from this because they will get a wider range of products at cheaper prices.
Nowadays, supermarkets are growing their sales
very
rapidly
and the
local
businesses
are getting impacted.
Many
people
believe that this trend will lead to the closure of the
local
shops and
businesses
and
hence
harm
local
communities
.
However
, I completely disagree with this view and
think
that
local
communities
will
be benefited
with the advent of the supermarkets.
Many
believe that native
businesses
are not able to compete with the supermarkets and are posing great losses.
Firstly
, supermarkets offer discounts on most of the items they sell
because
they
buy
from the suppliers in bulk and
get
better rates for the
products
.
However
, as regional vendors can't
buy
in bulk and
have to
pay more for the same
products
and
hence
can't give away discounts like supermarkets.
Secondly
, supermarkets sell multiple
products
under one roof and
so
buyers do not
need
to go to multiple places to
get
their necessities. Supermarkets these days offer
some of the
recreational activities such as cinema, play zones for kids etc.
,
under their roofs
as well
.
On the other hand
, I believe that
local
communities
can benefit from the supermarkets as they will decrease the monopoly of the native vendors and will encourage them to choose from the newer processes of operating
businesses
instead
of traditional ones.
Also
, native shopkeepers or businessmen do not
need
to worry about their
very
existence in the market.
For example
, China's
local
businesses
very
well flourish even after Walmart has opened multiple stores there. Customers would not visit supermarkets daily
because
there is a limited number of supermarkets in the
cities and
they will
need
to spend money to reach there. For the daily
needs
or
some
emergency
needs
etc.
,
buyers visit
local
shopkeepers not supermarkets.
To sum up, it is
very
much correct that regional markets are not able to compete with the supermarkets with their existing ways of doing
business
. They should
improve
their processes and stay competitive with supermarkets.
Its
the
local
community
that will benefit from this
because
they will
get
a wider range of
products
at cheaper prices.