When preferences,tastes,priorities and prices of inputs are changing everyday,keeping prices of day to day items of consumption static is an anachronism. A method has to be devised so that prices of goods can be linked to the changing conditions.
Food items,education,power and commuting costs are the largest component of any community's expenditure. With growing employment uncertainties,people are continuosly looking for better options.People are no longer brand loyal and switch preferences at the drop of a hat!
The present market environment is extremely favourable for small businesses who can easily adapt to changing consumer preferences.By adopting a balanced mix of technology and the human factor,quality products can be delivered to the consumer at a lower price while avoiding needless advertising and packaging expenditure.Door to door selling and the internet can be used to promote new and better products.
This will eventually create a consumer friendly and employment generating culture every where.
Food items,education,power and commuting costs are the largest component of any community's expenditure. With growing employment uncertainties,people are continuosly looking for better options.People are no longer brand loyal and switch preferences at the drop of a hat!
The present market environment is extremely favourable for small businesses who can easily adapt to changing consumer preferences.By adopting a balanced mix of technology and the human factor,quality products can be delivered to the consumer at a lower price while avoiding needless advertising and packaging expenditure.Door to door selling and the internet can be used to promote new and better products.
This will eventually create a consumer friendly and employment generating culture every where.
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