There is a growing trend in the business
market
where the majority of
companies
commonly highlight the novelty of their
products
in advertisements.
This
issue arises from the increasing number of identical
products
, leading to intense competition among them.
However
, in my opinion,
this
situation represents a positive development for several reasons.
To start, the number of
companies
selling identical
products
has been rapidly increasing. To gain a competitive edge,
companies
are enhancing their product with modern
features
and emphasizing them in their publicity.
This
is essential as a marketing strategy, aiming to attract new buyers and retain loyal
customers
;
otherwise
,
companies
risk losing in the
market
competition. Take,
for instance
, Nokia, which failed to stay competitive in the mobile phone
market
due to
the resistance to smartphone evolution and ineffective marketing strategies.
Subsequent to that, highlighting the novelty of a product as a marketing strategy in advertisements is a positive development because both
customers
and
companies
are having the benefits.
Customers
seek information about a product’s
features
before making a purchase. Simultaneously, for
companies
, heightened customer interest translates to increased profitability.
For example
, in the newest commercial video for the Samsung Galaxy S23 Ultra on
YoutubeCorrect your spelling
show examples
, the promotion starts with the tagline 'What's new?' before showcasing remarkable phone
features
like the vision booster and astrophotography.
This
strategic approach is particularly helpful for consumers actively seeking specific
features
, as evidenced by the enthusiastic responses in the comments section.
Consequently
,
this
method of publicity positively contributes to the advancement of the business sector.
In conclusion, intense competition in the business
market
compels
companies
to promote their
products
through advertisements. I firmly believe that highlighting the novelty of their product in ads is a positive development for both
customers
and
companies
.