Do you need this or any other assignment done for you from scratch?
We have qualified writers to help you.
We assure you a quality paper that is 100% free from plagiarism and AI.
You can choose either format of your choice ( Apa, Mla, Havard, Chicago, or any other)
NB: We do not resell your papers. Upon ordering, we do an original paper exclusively for you.
NB: All your data is kept safe from the public.
According to the article, the buying opportunities of the population are gradually descending. It is reflected in the fact that people are no longer eager to spend much money even on those goods that are of primary importance (UAE consumers lose appetite for shopping 2016). Therefore, people tend to seek for goods that come with considerate discounts or make a good deal. Moreover, the majority of the UAE consumers prefer to purchase the essentials in large packs to save money (UAE consumers lose appetite for shopping 2016). Such a shift in the purchasing opportunities has been justified by the acute changes in the economy and the labor market, which has strongly affected the amount of money people can spend on shopping including the basic commodities.
Message for Society
The core message to the Arabic society is that the spending pattern of the population has changed as a natural consequence of the altering economic landscape. Apart from that, the consumer behavior has shifted towards a more considerate and prudent one (UAE consumers lose appetite for shopping 2016). There is a need for people to consider the income-expenses ratio to be able to balance their budget in a feasible way.
Impact
As per the article, the current economy, petrol prices, instability in the Arabic estate market as well as increased defense expenses have affected the retail environment for both consumers and retailers (UAE consumers lose appetite for shopping 2016). The possible consequences for producers can be unequal consumption of different categories of goods, especially of such goods and services that have a weak value proposition. In terms of consumers, the population has to learn to rationalize their expenses to be able to balance the expenditures.
Reference List
UAE consumers lose appetite for shopping – Nielsen’s retail audit tracking study. 2016. Web.
Do you need this or any other assignment done for you from scratch?
We have qualified writers to help you.
We assure you a quality paper that is 100% free from plagiarism and AI.
You can choose either format of your choice ( Apa, Mla, Havard, Chicago, or any other)
NB: We do not resell your papers. Upon ordering, we do an original paper exclusively for you.
NB: All your data is kept safe from the public.