PEST Analysis on Deodorant market Essay Example | Topics and Well Written Essays - 500 words

PEST Analysis on Deodorant grocery store - Essay ExampleThis in turn influences the prices they ar to be aerated in the market. For example if the import duty imposed on the deodorant is high, this means they will be supercharged at high prices hence their strike will be low. On the other hand, if the custom taxed charged on them is low, it means that they will be charged less in the market hence they demand will be high thereby increase the sales. 1On the other hand, economic work outs greatly influence deodorant market in that during inflation deodorants are charged more in the market hence they become unpopular to the consumers. At this time, the purchasing power of the consumers is greatly affect and the only specie they pretend, they spend it to acquire necessities and not things like deodorants. This in turn affects the deodorant sales. 2Unemployment is another factor that affects deodorant market. The whole world today is greatly affected by unemployment and there as s o many young energetic people in the world that ought to be working and there are no employment opportunities for them. For this case, they are not salaried hence they have nothing to spend to buy anything like cosmetics. Due to this, the sales of deodorant go down since those people who ought to be buying these deodorants have no purchasing power at all. 3Deodorant market is also affected by socio cultural environmental factors that greatly affect their demand in