Currently, the number of people who want to possess high brand-name products has been increasing because of several reasons such as the higher capacity of consumption and the influence of social media. I think this increase will encourage higher the utilization of the population, which is one of the key positive elements of country development.
A key factor that increases brand-name products owning is the higher capacity of people in expenditure. It may say that popular brands of clothes, cars and other items are the rich’s products because of their expensive price. However, many countries in the world currently have rapid growth in the economy, comparing to the past ten years ago. This incident leads to a progressive number of rich people. Doubtlessly, this increase causes more and more those who have the capacity to spend on these kinds of products. An apparent example is China. Chinese people have become wealthier rather than in the past because of their country's growth. As a result, China became one of the biggest markets of a variety of brand-name merchandise and has huge spending on these kinds of products.
Moreover, not only economic factors, but also the influence of social media on people’s lifestyles are an element persuading people to spend more on high brand-name merchandise. It is inevitable that nowadays social media such as Facebook, Instagram have a very strong influence on the lifestyle of modern people. People taking photos of foods to eat before they post them on social media or sharing styles of clothing on Facebook are very common. The lifestyle of people, especially celebrities, famous people can be wider access to others around the world and easily persuaded them to follow it through social media. The majority of these kinds of people always use famous brand products. Therefore, it can lead to an increase in the utilization of those products. For instance, Roger Federer, a famous tennis player, owned a Rolex watch and posted it on his social media. Over millions of people will see it and at least some of his followers will purchase it following him.
To sum up, the number of popular brand-name product owner has risen nowadays, which is resulted from the wealthiest of people as well as the power of social networking. In my opinion, it is a positive path for growing utilization and leads to country development subsequently.
Currently
, the number of
people
who want to possess high brand-name
products
has been increasing
because
of several reasons such as the higher capacity of consumption and the influence of
social
media
. I
think
this
increase
will encourage higher the utilization of the population, which is one of the key
positive
elements of country development.
A key factor that
increases
brand-name
products
owning is the higher capacity of
people
in expenditure. It may say that popular brands of clothes, cars and other items are the rich’s
products
because
of their expensive price.
However
,
many
countries in the world
currently
have rapid growth in the economy, comparing to the past ten years ago. This incident leads to a progressive number of rich
people
.
Doubtlessly
, this
increase
causes more and more those who have the capacity to spend on these kinds of
products
. An apparent example is China. Chinese
people
have become wealthier
rather
than in the past
because
of their country's growth.
As a result
, China became one of the biggest markets of a variety of brand-name merchandise and has huge spending on these kinds of products.
Moreover
, not
only
economic factors,
but
also
the influence of
social
media
on
people’s
lifestyles are an element persuading
people
to spend more on high brand-name merchandise. It is inevitable that nowadays
social
media
such as Facebook, Instagram
have
a
very
strong influence on the lifestyle of modern
people
.
People
taking photos of foods to eat
before
they post them on
social
media
or sharing styles of clothing on Facebook are
very
common. The lifestyle of
people
,
especially
celebrities,
famous
people
can be wider access to others around the world and
easily
persuaded them to follow it through
social
media
. The majority of these kinds of
people
always
use
famous
brand
products
.
Therefore
, it can lead to an
increase
in the utilization of those
products
.
For instance
, Roger Federer, a
famous
tennis player,
owned
a Rolex
watch
and posted it on his
social
media
. Over millions of
people
will
see
it and at least
some
of his followers will
purchase
it following him.
To sum up, the number of popular brand-name
product
owner has risen nowadays, which
is resulted
from the wealthiest of
people
as well
as the power of
social
networking. In my opinion, it is a
positive
path for growing utilization and leads to country development
subsequently
.