Large businesses have big budgets for marketing and promotions and as a result, people gravitate towards buying their products. What problems does this cause? What could be done to encourage people to buy local products.

#businesses #budgets #promotions #people #gravitate #products

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Multinational companies tend to spend lucrative amounts on campaignings and publicity. Many individuals do get attracted to buying their merchandise rather than local goods.

This

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has a tremendous impact on native sellers as their margins are already low and sales plunge,

this

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ultimately leads to their closure.

This

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can be tackled by getting aid from country rulers and private equity firms. To being with, one of the problems is big brands have a great edge over their minor competitors due to the fact that they have great financial freedom as their sales and profits are higher.

In addition

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, these marketings on social media and television

further

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surge their business significantly.

However

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, directly or indirectly local sellers are the most affected people. As everyone is preferring branded goods over these, their business gets pressurized as they operate on low finances and still need to pay for rent, salaries, inventory and tax.

Firstly

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this

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demotivates new and young entrepreneurs as they won't be able to find themselves succeeding in

this

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market.

Secondly

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, existing companies would be on the verge of bankruptcy thereby getting acquired by big players of the game.

This

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would lead to a dramatic soar in the number of unemployed people.

For instance

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, Abibhus a startup transportation company which though provided the best amenities while travelling owing to the fact that they run on a small budget could spend on ads.

Thus

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, after 3 years it had to be closed due to greater competition.

On the other hand

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, the best possible solution for

this

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situation is it can be modified completely if the governments intervene and

also

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with help of private equities.

Thereafter

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, an immediate practical solution is subsidy needs to be provided to the native merchants on raw materials as they play a crucial role in pricing.

Moreover

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, having the chance the procure raw materials at a cheaper rate would magnificently improve capabilities for the manufacturer to improvise quality extremely. To illustrate it in detail, Tanam Jewel, an ancient antique jewellery maker known for their faced a similar issue where their opponents starting acquiring the market stake by increasing the ad budget.

However

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, as governments started supporting locals by providing mineral gold at subsidy it boosted the store's sales drastically. To conclude, bigger associations by having good economical status aids them to capture a stake in the markets by exhibiting their products in a great manner.

As a result

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this

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leads to the breakdown of smaller merchants and entrepreneurs.

On the contrary

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, by the intervention of country rulers in

this

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by providing facilities to

such

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as tax reduction will definitely yield good results for the minor seller as well.

Submitted by manojvamc on Mon Oct 18 2021

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Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

Discover more tips in The Ultimate Guide to Get a Target Band Score of 7+ »— a book that's free for 🚀 Premium users.

15
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meeting the goal of 7 or more
0
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

439 words

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Large businesses have big budgets for marketing and promotions and as a result, people gravitate towards buying their products. What problems does this cause? What could be done to encourage people to buy local products.

Word Count

Some people say in order to prevent illness and disease governments should focus on reducing environmental pollution and housing problems. To what extend do you agree or disagree?

Some people think that it is better for students to study in a group while others believe that it is better for them to study alone. Discuss both views and give your own opinion.

In most successful companies, some people think that communication between employers and workers is the most important factor, other people say that other factors are more important. Discuss both views and give your opinion.

The number of children that read for fun has dropped dramatically in recent years. What are the reasons for this? How can we encourage children to read more? (Write at least 250 words.)