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

#businesses #budgets #production #people #gravitate #products

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In the world of economic, many huge corporates usually spend an enormous chunk of money on advertising and promotion campaigns.

Consequently

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, most customers decide to buy their goods

instead

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of buying them from competitors,

such

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as local businesses. There are multiple reasons to explain

this

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phenomenon and

this

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essay will discuss logically both issues and procedures to save small companies. One of the main problems is that large corporates have a significant amount of budget to employ world-class influencers to be involved in their advertisements.

For instance

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, Black Pink, who is known as the world iconic singer, has joined Coca-Cola advertising promotions,

as a result

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, the company itself can gain double their revenues and hit a profit margin on the year that these ads were released.

Secondly

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, big firms can hire top university graduated employees with their lucrative salaries,

therefore

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, they will get more quality on productivity.

Furthermore

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, due to their profitability on successful campaigns, they will

also

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have more money to buy proper types of equipment for their productions.

Hence

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, all the reasons combined to make them have robust promotions on products and make them outstanding on the market. Regarding the support of local businesses, several pragmatic measures can be taken to revitalize them.

Firstly

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, the governments should decrease taxes on small firms, in order to encourage them to compete with the larger ones,

for example

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, there should not be extra fees on import items for the production of domestic industry, or the national authorities should absorb

this

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charge.

Furthermore

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, the small business national bureau, which is responsible for promoting local shops throughout the country, should run an advertising campaign to help them.

Additionally

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, another method that can assist them is to invent an application, which can embed offline firms online.

Accordingly

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, small enterprises can increase their recognition to consumers. To conclude, an abundant amount of money is the reason behind the notable growth of large commercial corporates. In the term of supporting small commerces, the support of governments and new technological approach to advertising their products can help them to survive in the highly competitive market.

Submitted by mmintramita on Mon Oct 25 2021

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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

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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

348 words

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

Many things can influence the academic achievement and emotional growth of a student. In this regard, peers have more of an impact than teachers do. To what extent do you agree or disagree with this topic?

In the future all cars,buses and trucks will be driverless. The only people travelling inside these vehicles will be passengers. Do you think the advantages of driverless vehicles outweigh the diadvantages?

Why do you think self discipline is better than motivation?

A lot of places in the world rely on tourism as a main source of Income. Unfortunately, tourism can be cause of lot of problem if its not well managed . What are the advantage and dis advantage in the modern world? Do you think advantage overweight the disadvantage .