Big companies have huge budgets for advertising and fostering which incline general public towards purchasing their merchandise. This essay will discuss the two main issues that result from this trend, including death of local businesses and expensive products. It will also suggest two solutions to this and how individuals can be encouraged to go for domestic goods including low rates and more incentives.
Imported items are making local business vanish. In addition, there prices are high too. It is difficult for a common man, who works at a minimum wage, to buy good quality stock. Domestic merchants fail to compete with these large industries, which have unlimited funding, which results in a great setback for countries economy. To illustrate, Foodpanda, a huge food delivery company acquired Eatoye, a startup with the same operation, making delivery cost higher. Hence, major corporations make life uneasy for general public and companies.
Governments should monitor the selling of products. Locally manufactured goods should be available for a cheaper price compared to imported items. Furthermore, there should be different discounts and other deals on these. For example, a locally produced detergent, Bonus, is 50 percent cheaper than Ariel, which is an international product. Therefore, decreased pricing and other rewards will increase the sale of national merchandises.
In conclusion, large firms have outclassed small ones in terms of their sale because of heavy funding in their marketing and expediting departments. This essay discussed the two main problems it causes, including closure of national industry and increased prices. It also suggested the solutions to these issues and to promote the purchase of domestic goods are twofold: reduced prices and other compensations.
Big
companies
have huge budgets for advertising and fostering which incline
general public
towards purchasing their merchandise. This essay will discuss the two main issues that result from this trend, including death of local businesses and expensive products. It will
also
suggest two solutions to this and how individuals can
be encouraged
to go for domestic
goods
including low rates and more incentives.
Imported items are making local business vanish.
In addition
, there
prices
are high too. It is difficult for a common
man
, who works at a minimum wage, to
buy
good
quality stock. Domestic merchants fail to compete with these large industries, which have unlimited funding, which results in a great setback for countries economy. To illustrate,
Foodpanda
, a huge food delivery
company
acquired
Eatoye
, a startup with the same operation, making delivery cost higher.
Hence
, major corporations
make
life uneasy for
general public
and
companies
.
Governments
should monitor the selling of products.
Locally
manufactured
goods
should be available for a cheaper
price
compared to imported items.
Furthermore
, there should be
different
discounts and other deals on these.
For example
, a
locally
produced detergent, Bonus, is 50 percent cheaper than Ariel, which is an international product.
Therefore
, decreased pricing and other rewards will increase the sale of national merchandises.
In conclusion
, large firms have outclassed
small
ones in terms of their sale
because
of heavy funding in their marketing and expediting departments. This essay discussed the two main problems it causes, including closure of national industry and increased
prices
. It
also
suggested the solutions to these issues and to promote the
purchase
of domestic
goods
are twofold:
reduced
prices
and other compensations.