Advertisement is very much connected with psychological factors. We start going after our Desires when our need is fulfilled and this is where Advertisements are coming off indirectly motivating, encouraging our desires to overwhelm and make the demand
As “human being” we don’t have any boundary to explore and grow, As well as the population keeps growing the market becomes more competitive.
In order to survive and lead the market Business Firms are expertising more and more on “How to convince people to make them buy our product” It might be based on * Psychological factors: Giving them a next level hope of improving their lifestyle * Physical Factors: Physically applicable products & services * Social : Products that takes your social status higher etc
So All the competitors are targeting same way to the same target customers and Boom there we go ! We become the ultimate victim.
Competition is always very healthy for any market as we get the ultimate benefit as end-user. Competition is what takes our market to the next level at a high speed.
They Just sometimes misuse advertisement & make people feel the demand of unnecessary.