A few customers purchase local goods, but not products from overseas. I think this is a positive development since it helps to buy products for lower price. Main reason for this trend is since government imposed tax on imported goods.
The primary reason for increase demand in local products and services is because, goverment recently increased the tax on imported goods . Hence, more people now purchase goods and services in the local market. DSI sells children shoes for around 2000 rupees while a pair of shoes in Ali Express costs around 4000 rupees due to tax. As a result, around 45% parents have bought shoes for the new term from DSI according to The Sunday Observer. Governments new levy has motivated people to buy products made within their country now.
I think this has advantages on clients to build strong relationships with the shop owners and to gain more offers. In other words, as there is no tax on local products clients can save extra money by buying goods made in their country, and helps customers and shop owners to start a bond. When shops have return customers, businesses would offer them discounts and extra other offers which allow customers to save money. Vogue Jewellers is a leading business in Sri Lanka has around 23& return customers during 2023 and 2024. A recent survey has found that they have also offered gifts and discounts on every purchase for their old customer.
To conclude, as states have imposed new tax on imported goods, people buy goods made locally. This has a few positive outcomes such as building good relationship with customers and businesses and get more offers.