Recently, the price of the consumer goods has been decreased, which is mainly because of the price competitiveness between the companies. Although the low price of the goods provides some benefits to the consumers, the quality of the goods can be degraded. In this respect, it is very important to discuss the effects of the price of the products. In the following paragraphs, the price and its effects of the consumer goods are discussed.
There are some advantages of the low price of the goods. Firstly, the consumption of the goods will be activated and increased due to the low price. Hence, the money circulation can be easily turned(rotated) in the markets, which gives rise to(which rises) the market stabilization to the financial difficulty during(for) a short term. Secondly, the cheaper products can help the consumers in their domestic economy. For example, by using the residual money arising from the purchase of the cheaper products than before, they can buy the additional products and save the remained money in the bank.
However, we have to be considered(consider) what is disadvantages. In the long-term view, the financial difficulty can be more and more severe. Thus, the price is getting more and more inexpensive associated with the price competitiveness between the companies, which results in the higher financial difficulty of the companies in the long-term situation. In addition, the labor cost would be down to minimize the price and the irregular employee would be engaged to reduce the cost. In another view, the cheaper products can provide the relatively low quality. This is mainly due to the use of the low quality materials to make the products with the low price.
In conclusion, there are both advantages and disadvantages of the cheaper goods. The price of the goods provides some benefit to the consumer. However, the quality of the goods can be degraded and the financial difficulty can be increased in the company. These effects can give rise to the economical difficulty in the country. Hence, the optimization of the price in the country is needed to get the higher income by the consumer goods. |