Large businesses have big budgets for marketing and promotion and as result, people gravitate towards buying their products. What problems does this cause?

In any

product

's development lifecycle, success and failure always

depends

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depend

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on the extent of its reach throughout the production. Huge organisations tend to spend copious

amounts

of money on promotions and marketing to attract

people

towards buying

it

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them

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. There are a few problems to be considered and potential solutions to

this

approach are discussed in the following paragraphs. In my opinion, spending enormous

amounts

of

company's

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a company's

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fund

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funds

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to promote a

product

is fine

until

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to

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a certain extent. There are only a few instances where

people

really get really influenced by the advertisements and go forward to invest and buy

it

Correct pronoun usage

them

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. In most cases, the unwanted

amounts

of promotions

starts

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start

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becoming an annoyance to

people

who are constantly forced to acknowledge the

product

. A realistic example of

this

are

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is

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the mobile phone companies that tend to celebrate their

product

before every potential launch.

However

, all of

this

expenditure on marketing strategies which almost in most cases end up in vain

,

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apply

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can be avoided by

a

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apply

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approaching

this

in a dynamic sense. An effective way to promote a

product

would be making use of the relatability factor of each consumer. Based on the data recorded of the customer's previous selective preferences, customised advertisements can be fabricated. Using

this

approach

people

who are looking for a certain

product

will be able to look for more products of the same configuration rather than spending time on others that doesn't have any influence. A successful example of

this

is Amazon's E-commerce website,

it

Correct pronoun usage

which

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studies a person's preferences

overtime

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over time

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of a particular

product

and provides curated advertisements of products with multiple options. In conclusion, marketing and promotions had a strong influence on

people

in a time where technology was lacking. Now with increasing advances in technology and large

amounts

of data being collected, smart marketing can be economically beneficial and more successful.