Nowadays, price as only consideration when buying is becoming popular among certain sections of society. These people claim that more the price better the product will be in terms of quality. This essay will argue why price is not the only area to be considered while buying and how other factors are equally important in this decision.
Expensive things are better in quality and durability has always been mindset of some people. They are justifiably worried that possessing things that are not costly will have a negative impact on their status in society. People care about their image in society. In their quest to impress others, they often purchase things by going into debt. A study by a recent Business magazine revealed that 70% of the credit card purchases made are for high end products.
So why price should not be the only factor while purchasing? Before buying anything, proper research and time should be spent in terms of identifying the value it is providing for the money being spent. Shopkeepers have known for long that people tend to consider expensive things as best and hence have been exploiting this for their own benefit. A recent survey by a well-known magazine has found that 60% of the product value comes from branding exercise. Companies try to recover the advertisement amount they spent from customer by charging them more. Lesser known brand can offer same or better quality and durability than the well-known brand. Hence, it is in the interest of customer to think and make any decision and not to succumb to shopping impulses.
In conclusion, I think the price should not be the only deciding factor, people must plan and research before making any decision on buying expensive products to avoid problems in future if they cannot afford it.
Nowadays,
price
as
only
consideration when
buying
is becoming popular among certain sections of society. These
people
claim that more the
price
better the product will be in terms of quality. This essay will argue why
price
is not the
only
area to
be considered
while
buying
and how other factors are
equally
important
in this decision.
Expensive things are better in quality and durability has always been mindset of
some
people
. They are
justifiably
worried that possessing things that are not costly will have a
negative
impact on their status in society.
People
care about their image in society. In their quest to impress others, they
often
purchase
things by going into debt. A study by a recent Business magazine revealed that 70% of the credit card
purchases
made are for high
end
products.
So
why
price
should not be the
only
factor while purchasing?
Before
buying
anything, proper research and time should
be spent
in terms of identifying the value it is providing for the money
being spent
. Shopkeepers have known for long that
people
tend to consider expensive things as best and
hence
have been exploiting this for their
own
benefit. A recent survey by a well-known magazine has found that 60% of the product value
comes
from branding exercise.
Companies
try to recover the advertisement amount they spent from customer by charging them more. Lesser known brand can offer same or better quality and durability than the well-known brand.
Hence
, it is in the interest of customer to
think
and
make
any decision and not to succumb to shopping impulses.
In conclusion
, I
think
the
price
should not be the
only
deciding factor,
people
must
plan and research
before
making any decision on
buying
expensive products to avoid problems in future if they cannot afford it.
4Linking words, meeting the goal of 7 or more
18Repeated words, meeting the goal of 3 or fewer
1Mistakes