Large businesses spend heavily on marketing which draws customers towards their products over local ones. This can negatively impact both customers and local suppliers. Customers may waste money on unnecessary goods from frequent ads, while local brands' attention is drawn away, limiting their profits and ability to continue operating. To address this, the document suggests placing limits on large company marketing to help local firms, and supporting local companies with investments and social media promotion to help customers become aware of local product options.
Large businesses spend heavily on marketing which draws customers towards their products over local ones. This can negatively impact both customers and local suppliers. Customers may waste money on unnecessary goods from frequent ads, while local brands' attention is drawn away, limiting their profits and ability to continue operating. To address this, the document suggests placing limits on large company marketing to help local firms, and supporting local companies with investments and social media promotion to help customers become aware of local product options.
Large businesses spend heavily on marketing which draws customers towards their products over local ones. This can negatively impact both customers and local suppliers. Customers may waste money on unnecessary goods from frequent ads, while local brands' attention is drawn away, limiting their profits and ability to continue operating. To address this, the document suggests placing limits on large company marketing to help local firms, and supporting local companies with investments and social media promotion to help customers become aware of local product options.
Large businesses have big budgets for marketing and promotion and, as
a result, people gravitate towards buying their products. What problems
does this cause and what could be done to encourage people to buy local products? In recent years, the fact that people tend to buy big businesses’ goods as they have a huge expenditure on marketing has been receiving a great deal of attention. In this essay, I will examine the consequences caused by this situation as well as suggest some feasible solutions to encourage people to purchase local products. It is believed that excessive promotion from big companies could cause detrimental impacts on customers and local suppliers. First and foremost, customers would be affected by the promotion so they would waste their money on redundant products. Since the advertisements of popular products make frequent appearances in their life, they will gravitate toward buying unnecessary goods from big firms. Second, huge marketing campaigns would create negative effects on local brands. In fact, promotion from large businesses are driving people’s attention away from local ones which produce similar-quality products. Therefore, the local companies could not earn much profit to continue running the business. In contrast, we could figure out some strategies to enhance local product purchasing. First of all, restrictions on marketing campaigns should be made in order to reduce the effects of big companies in the market. The government could provide policies that limited the action of advertisement, which would be an opportunity for local and also small firms to develop. Besides, we should help the local companies to advertise their goods. Since they do not operate marketing campaigns much like big businesses, we can support them by having investments on their companies or promoting local products to consumers via social media. To conclude, restrictions on excessive advertising and supports for local products should be made in this circumstance. By taking it in perspective, we should make references to make better decisions for urging the development of local brands. (294 words)
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