Do you think that commercial advertisements have led to an unhealthy competition in the society ? Give reasons for your answer.
Commercial advertisements will have the following impact and at times leads to unhealthy competition :
a. It will persuade, compel potential customers to buy products.
b. It involves extensive use of money in advertising a product.
c, Commercial advertisements will surely benefit big business houses and brands who are in a position to spend a lot on advertising, in giving offers , in making their advertisements more attractive.
d. Small companies with medium budget are at a loss, because they are not in a position to advertise their products or bear its costs.
e. It creates misconception on part of customers as they are more inclined towards buying a branded product.
f. Then there are advertisements which directly targets a similar product of a different brand creating a negative image and confusing customers. For example advertisements on toothpastes, washing powder.