The argument concludes that high end retailers should pivot their attention to lower priced markets to survive in the current economic climate. The premise for this is that the market for luxury goods is on the decline due to customer fears and rising unemployment. Consumers are using their income for essential items and not luxury ones. Seeing this trend, the argument says that the market of luxury good will not survive in this economic climate and should eye the lower priced sector. However, there are several underlying assumptions that make the argument logically unsound.
Firstly, the arguments assumes that the sample on which the unemployment reports are based are truly representative of the entire population. It can very well be probable that a certain sector of industry is facing unemployment. This sector might be middle class and not the target demographic of luxury goods in the first place. This would also mean that there are other underlying causes for the market decline of luxury goods. For example, the quality of luxury goods might be on the decline or the prices might have been higher than usual to allow even the usual customers to purchase the goods uninhibitedly.
Secondly, the passage does not dive into the kind or causes of consumer fears that the consumers are facing. A resolution of such fears might alienate the need for luxury sellers to change their price demographic. It also could be that the market might be saturated with good quality luxury goods which would remove the need for consumers to buy more luxury products.
Thirdly, customers tend to buy luxury items as a status symbol. Lack of promotion on the part of the sellers might be a factor in customers wanting the high end product. Further, if the market is stagnant and there is no innovation in the type of products, it is unlikely that even the most spendthrift customers will buy the same old products.
Lastly, there is no causal relationship between sellers shifting to lower-price markets and customers buying those products. There is no guarantee or factual evidence or even market research to validate this claim. There might also be luxury goods which are essential like cars, clothes and people who have a proclivity for them will not switch over to their lower priced substitutes. The claim that the market of luxury goods will face a decline is tenuous.
Considering all the above factors, it is not guaranteed that switching to lower priced products will enable luxury businesses to stay afloat. If there was more evidence underpinning the claims stated, the conclusion would be more probable. However, in its current form it remains unsubstantiated.
- GRE Argument: An international development organization, in response to a vitamin A deficiency among people in the impoverished nation of Tagus, has engineered a new breed of millet high in vitamin A. While seeds for this new type of millet cost more, far 37
- The market for the luxury-goods industry is on the decline. Recent reports show that a higher unemployment rate, coupled with consumer fears, has decreased the amount of money the average household spends on both essential and nonessential items, but espe 79
- People who make decisions based on emotion and justify those decisions with logic afterwards are poor decision makers. 58
Essay evaluation report
Attribute Value Ideal
Final score: 4.0 out of 6
Category: Good Excellent
No. of Grammatical Errors: 0 2
No. of Spelling Errors: 0 2
No. of Sentences: 23 15
No. of Words: 442 350
No. of Characters: 2187 1500
No. of Different Words: 202 200
Fourth Root of Number of Words: 4.585 4.7
Average Word Length: 4.948 4.6
Word Length SD: 2.516 2.4
No. of Words greater than 5 chars: 162 100
No. of Words greater than 6 chars: 106 80
No. of Words greater than 7 chars: 68 40
No. of Words greater than 8 chars: 43 20
Use of Passive Voice (%): 0 0
Avg. Sentence Length: 19.217 21.0
Sentence Length SD: 6.345 7.5
Use of Discourse Markers (%): 0.609 0.12
Sentence-Text Coherence: 0.296 0.35
Sentence-Para Coherence: 0.539 0.50
Sentence-Sentence Coherence: 0.077 0.07
Number of Paragraphs: 6 5
Grammar and spelling errors:
Line 1, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
The argument concludes that high end ret...
^^^^^^
Line 3, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ake the argument logically unsound. Firstly, the arguments assumes that the ...
^^^^^
Line 3, column 96, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...which the unemployment reports are based are truly representative of the entire p...
^^^
Line 4, column 85, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ation. It can very well be probable that a certain sector of industry is facing u...
^^^
Line 5, column 190, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ace. This would also mean that there are other underlying causes for the market d...
^^^
Line 7, column 86, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ave been higher than usual to allow even the usual customers to purchase the good...
^^^
Line 10, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...to purchase the goods uninhibitedly. Secondly, the passage does not dive into...
^^^^^^
Line 11, column 98, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... need for luxury sellers to change their price demographic. It also could be that...
^^^
Line 12, column 102, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...saturated with good quality luxury goods which would remove the need for consumer...
^^^
Line 15, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...sumers to buy more luxury products. Thirdly, customers tend to buy luxury it...
^^^^^
Line 17, column 98, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... unlikely that even the most spendthrift customers will buy the same old products...
^^^
Line 20, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...mers will buy the same old products. Lastly, there is no causal relationship ...
^^^^^^
Line 21, column 101, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ence or even market research to validate this claim. There might also be luxury g...
^^^
Line 22, column 95, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... essential like cars, clothes and people who have a proclivity for them will not ...
^^^
Line 23, column 97, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...heir lower priced substitutes. The claim that the market of luxury goods will fac...
^^^
Line 26, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...oods will face a decline is tenuous. Considering all the above factors, it is...
^^^^^^^
Line 27, column 100, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...evidence underpinning the claims stated, the conclusion would be more probable. H...
^^^
Transition Words or Phrases used:
also, first, firstly, however, if, lastly, second, secondly, so, third, thirdly, well, for example, in the first place
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 27.0 19.6327345309 138% => OK
Auxiliary verbs: 21.0 12.9520958084 162% => OK
Conjunction : 11.0 11.1786427146 98% => OK
Relative clauses : 16.0 13.6137724551 118% => OK
Pronoun: 30.0 28.8173652695 104% => OK
Preposition: 41.0 55.5748502994 74% => OK
Nominalization: 13.0 16.3942115768 79% => OK
Performance on vocabulary words:
No of characters: 2279.0 2260.96107784 101% => OK
No of words: 442.0 441.139720559 100% => OK
Chars per words: 5.15610859729 5.12650576532 101% => OK
Fourth root words length: 4.58517132086 4.56307096286 100% => OK
Word Length SD: 2.61418755583 2.78398813304 94% => OK
Unique words: 204.0 204.123752495 100% => OK
Unique words percentage: 0.461538461538 0.468620217663 98% => OK
syllable_count: 698.4 705.55239521 99% => OK
avg_syllables_per_word: 1.6 1.59920159681 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 8.0 4.96107784431 161% => OK
Article: 11.0 8.76447105788 126% => OK
Subordination: 2.0 2.70958083832 74% => OK
Conjunction: 1.0 1.67365269461 60% => OK
Preposition: 2.0 4.22255489022 47% => More preposition wanted as sentence beginning.
Performance on sentences:
How many sentences: 23.0 19.7664670659 116% => OK
Sentence length: 19.0 22.8473053892 83% => The Avg. Sentence Length is relatively short.
Sentence length SD: 35.806136277 57.8364921388 62% => OK
Chars per sentence: 99.0869565217 119.503703932 83% => OK
Words per sentence: 19.2173913043 23.324526521 82% => OK
Discourse Markers: 5.13043478261 5.70786347227 90% => OK
Paragraphs: 23.0 5.15768463074 446% => Less paragraphs wanted.
Language errors: 17.0 5.25449101796 324% => Less language errors wanted.
Sentences with positive sentiment : 7.0 8.20758483034 85% => OK
Sentences with negative sentiment : 9.0 6.88822355289 131% => OK
Sentences with neutral sentiment: 7.0 4.67664670659 150% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.185355206182 0.218282227539 85% => OK
Sentence topic coherence: 0.0601920700235 0.0743258471296 81% => OK
Sentence topic coherence SD: 0.0504090568721 0.0701772020484 72% => OK
Paragraph topic coherence: 0.0555370031759 0.128457276422 43% => OK
Paragraph topic coherence SD: 0.0496802584034 0.0628817314937 79% => OK
Essay readability:
automated_readability_index: 12.5 14.3799401198 87% => Automated_readability_index is low.
flesch_reading_ease: 52.19 48.3550499002 108% => OK
smog_index: 3.1 7.1628742515 43% => Smog_index is low.
flesch_kincaid_grade: 10.7 12.197005988 88% => OK
coleman_liau_index: 12.65 12.5979740519 100% => OK
dale_chall_readability_score: 8.22 8.32208582834 99% => OK
difficult_words: 102.0 98.500998004 104% => OK
linsear_write_formula: 8.0 12.3882235529 65% => OK
gunning_fog: 9.6 11.1389221557 86% => OK
text_standard: 13.0 11.9071856287 109% => OK
What are above readability scores?
---------------------
Maximum six paragraphs wanted.
Rates: 58.33 out of 100
Scores by essay e-grader: 3.5 Out of 6
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.