One of the widely discussed
phenomenonsReplace the word
show examples
nowadays is the impact of money spent on advertising and marketing by big
companies
which
encouragesChange the verb form
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consumers
their
over others.
While
this
trend can lead to several problems, certain precautions can be taken to solve them.
It can be argued that large
companies
have more budget to spend on promotion which results in reduced
market
share and profit margins for the local businesses.
Firstly
,most of the time local
market
players can not allocate
sufficientCorrect article usage
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budget
onChange preposition
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their advertising strategy
due to
lackCorrect article usage
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of financial resources.
Therefore
,they can not promote their
products
widely,
makeCorrect word choice
show examples
enough sales and profit to grow
further
.
Secondly
,large
companies
are usually multinational
companies
and with more money spent on mass communication, more consumers are lured to their
products
rather than local producers in
the Correct article usage
show examples
different industries
such
as food, fashion, entertainment and more.
Hence
, it can pose a threat
onChange preposition
show examples
culturalAdd an article
show examples
identity of certain countries.
On the other hand
,
problemsCorrect article usage
show examples
discussed above can be minimized with the active role of government agencies.Those parties can impose certain limitations on the
market
share of large
companies
and severe regulations on their marketing activities which would help to reduce the gap between small and large enterprises regarding the use of
products
and services.
Additionally
,
with Change preposition
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more financial resources from
governmentCorrect article usage
show examples
to some organizations
which Correct pronoun usage
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actively enable SEM
businessFix the agreement mistake
show examples
to have more
and share in the
market
.
For example
, there is one company in Azerbaijan called "AzPromo" which organizes many exhibitions and other events to help local businesses
to Verb problem
show examples
promote their
products
and
also
give the opportunity
to Change preposition
show examples
them Correct pronoun usage
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to have a corner in worldwide sales events
such
as "Gulfood" held in Dubai every year.
To conclude
, large
companies
' marketing
may threaten the presence of local and small businesses which can be regulated and minimized by the active support of government parties.