What are the odds of a possibility of a Market Shift?
Hello guys, I am putting forward a discussion which is completely related to Business and Marketing domain.
We know that one of the main reasons of degrading of Indian Market is globalization. Products which are already available in Indian Companies have to compete with imported brands which eventually end up taking the largest share. Now and then we see people giving alternatives to foreign brands in Indian versions which is important to save the economy of the country but consumers still seem to get attracted towards the foreign brands.
The point of discussion is:
Is it possible to bring about a market shift from foreign to Indian brands?
Do you propose any particular strategy at a business level WITHOUT CHANGING THE LAWS OF GLOBALIZATION?
We know that one of the main reasons of degrading of Indian Market is globalization. Products which are already available in Indian Companies have to compete with imported brands which eventually end up taking the largest share. Now and then we see people giving alternatives to foreign brands in Indian versions which is important to save the economy of the country but consumers still seem to get attracted towards the foreign brands.
The point of discussion is:
Is it possible to bring about a market shift from foreign to Indian brands?
Do you propose any particular strategy at a business level WITHOUT CHANGING THE LAWS OF GLOBALIZATION?
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