With increasing demands in the market, we are continuously coming across new products which are meant to cater to the needs of the growing clans of the consumers. We are living in such an era where the people are following each other like blind sheep without giving much thought on the impacts and consequences we are bound to receive at the end of the day.
Growing demands is perhaps the only reason
We see a lot of companies opening up and closing down every day. People seem less concerned about the outcome of their uncontrolled thoughts and desires. The increase in the demands and the fluctuating needs of the consumers and the buyers have provoked the market to brim with more and more companies and brands in order to gratify this everlasting demands of the people dwelling in the society.
Understanding the potential of the market
The intellects are expecting to see even a greater hike in the demand and supply which may instigate more brands to rise in future. We not only serve the existing population through our crafts but also keep the needs of the posterity at the top of our minds.
The best part of this increase in the number of new brands is the growing competition among the suppliers within the market which ultimately results in the deterioration of the prices of the products. We get the best product at a reasonable and affordable price due to the increase in the competition among the suppliers.
Everybody is trying to have a face
Many companies like Patanjali and the likes can also be seen dabbling in other niches in terms of making products. Recently Patanjali came up with Patanjali jeans to allure the customers with the lesser price tags and promise to provide with the best quality of jeans. Patanjali jeans is a product manufactured under the brand name of Patanjali paridhan. Making jeans and the western style products were never the priorities of the company, they were more into making daily use items.
Hilarious concepts that made the rise possible
The jeans can be seen as a medium to inculcate the love for the indigenous goods in the people of the country. The owner could be seen calling names to the jeans in few of the videos available on the youtube which indeed is hilarious. The critics could not help making fun out of it and made it a troll for an extended span of time after the product was launched.
A brand is a brand
There are lots of companies and brands being launched almost every day as they are completely aware of the future potential of the markets. Their launching new products somehow fetch relief in the eyes of the consumers but the clouds of the elite buyers will hover above the classic brand only.
It is more important to make a name than making products. The moment you transit from mere a name to a brand, you are sure to get the attention of the consumers no matter how fat your price tags are.