Nowadays, most of the business spending ample amount of money to market their products or services to attract the people much and promoting them with various offers to reach all of the people. This could affect the small or medium scale business, who could not afford much for advertisements. In this essay, I will discuss the problems cause and a solid solution to the problem which would encourage people towards domestic products.
Firstly, the major cause is that affect the economic growth, when the people focus only on large company products or foreign products. By this what I mean to say is, the people who are running the small scale industry could lead to severe loss when the people in the localization not purchase their products. This may affect us economically too. For instance, India is more popular in the cloth industry, nowadays lots of foreign brands started marketing and providing various offers in India. There is a good amount of small scale industries, providing good quality products to people, although, people got attracted towards the brand name and advertisement of the large business mostly. To overcome the problem, the people themselves want to start using the local products and they could suggest them to their relatives and friends if they feel good about the product.
Secondly, if this situation leads, no one will come-forward to start a business. That situation will become worse and the corporate companies will start to raise the cost of the products. To be more precise,
People have to pay lots for all the day-to-day household needs which burden their livelihood. To tackle this issue, people have to support their local business by using their products that leads the local business to flourish and they will provide good quality products to the people.
To sum up, local business may reduce the price tags of their products which encourage the customers to attract to them. Moreover, the government should also support the small scale industries by providing tax breaks. Although, people also have a responsibility to support the small industries by suggesting the products to their friends and neighbours, rather got attracted towards the advertisements of large companies.
Nowadays, most of the
business
spending ample amount of money to market their
products
or services to attract the
people
much and promoting them with various offers to reach
all of the
people
. This could affect the
small
or medium
scale
business
, who could not afford much for advertisements. In this essay, I will discuss the problems cause and a solid solution to the problem which would encourage
people
towards domestic products.
Firstly
, the major cause is that affect the economic growth, when the
people
focus
only
on large
company
products
or foreign
products
. By this what I mean to say is, the
people
who are running the
small
scale
industry
could lead to severe loss when the
people
in the localization not
purchase
their
products
. This may affect us
economically
too.
For instance
, India is more popular in the cloth
industry
, nowadays lots of foreign brands
started
marketing and providing various offers in India. There is a
good
amount of
small
scale
industries
, providing
good
quality
products
to
people
, although,
people
got
attracted towards the brand name and
advertisement of
the large
business
mostly
. To overcome the problem, the
people
themselves want to
start
using the
local
products and
they could suggest them to their relatives and friends if they feel
good
about the product.
Secondly
, if this situation leads, no one will
come
-forward to
start
a
business
. That situation will become worse and the corporate
companies
will
start
to raise the cost of the
products
. To be more precise,
People
have to
pay lots for all the day-to-day household needs which burden their livelihood. To tackle this issue,
people
have to
support their
local
business
by using their
products
that leads the
local
business
to
flourish and
they will provide
good
quality
products
to the
people
.
To sum up,
local
business
may
reduce
the price tags of their
products
which encourage the customers to attract to them.
Moreover
, the
government
should
also
support the
small
scale
industries
by providing tax breaks. Although,
people
also
have a responsibility to support the
small
industries
by suggesting the
products
to their friends and
neighbours
,
rather
got
attracted towards the advertisements of large
companies
.