subject: Consumption pattern all over the world becoming same. Why? [print this page] Consumption pattern all over the world becoming same. Why?
Introductions
After the world war two approximately all nation had been agreed on the social security of the common people and the safety of the world population. After this shared interest of the partner countries they had started the mutual interaction in many fields such as the urbanization of the world population form the backward countries to the international countries.
Industry Revolution
In 19th century France has revolutionized the industrial growth and many industry had been started in every part of the country and this growing trend not remains in that region but it expands to other part of the world as well .such as America ,Japan, Germany etc.
With the passage of time the entrepreneurs identified that if they were only produced for the local then in the long run they will not be able to meet the economies of scales and will occur huge loses. Many economists suggested the benefits huge production and exports to the other countries, this will result in two major benefits, one is that the countries will earn foreign currency and second they will be not incurring the losses due to the diseconomies of scales. On that theory they conducted many researches in other markets and found that there was a huge potential of the goods or services they are providing in the local market.
After 1950 the revolution of the computer system and the advancement in the technology industry made each and every thing easy to produce and easy to sell, one of the biggest achievement in the production capacity was made by Mr. Ford, the owner of FORD MOTORS, he used the steam technology for the production capacity of the car and start car production for masses.
Now after 100 years of experience in the industry world is at the common forum where globalization impact is so high, companies are working in the international level, having the production capacities all around the world, consumption pattern of the people becoming the same due to homogeneous ways of consumption, people demanding better care facilities, better technologies, safety and security. Online buying and selling cross countries exchange of good and service.
Many international companies are working in the third world countries like Pakistan, there is huge potential in this market where the many market segments still remains untouched like the INTERNET DROPSHIPPING SERVICES,ONLINE BUYING etc
Where a Will There is is a Way
There is a huge potentional in the local market where internet literacy is not much in the local communities, any company gets successful in creating awareness among the people about the benefits of online buying and selling then there will be a huge business waiting for them.
