To start with, fair trade is a social movement whose main objective is to help the produces in developing countries to achieve better trading condition. Without fair trade, the whole thing will look like a situation where a father fights with his three years old son which is not fair. To help this situation, the members of this organization have decided to advocate for higher payment to the exporters as well as improved social and environmental values. Discussed herein are some of the benefits of fair trade.
You find that most of the people are into fair trade since it boosts the income of producers. You find that this way they will try to cut the many channels involved in marketing the products which will give the producers a better opportunity to get a larger share from the price of the goods rather than dealing with the distribution company. Also, the prices of goods are also settled at an agreed fair price for both the producers and the manufacturers.
Also, it also improves their living standards. This is possible since they have the opportunity to get the best prices from the market as this will boost their earning. You find that the price of the specific goods is calculated to cover the cost of both sustainable production and livelihood. Besides, there is also an additional premium that can be used to facilitate developments projects such as schools among others.
Besides, it helps in protecting the environment. To start with, you should know that the fair trade certification that is used to market goods shows where the goods come from, who benefits from it and how the good was made and manufactured. One good thing about this is that it will give the consumer a greater satisfaction knowing that the goods are safe as this can also boost sales.
Apart from that, the farmers are also able to obtain a stronger position in the world market. You find that with a fair trade the farmers will have the opportunity to deal directly with the buyers as this will allow them to get better prices for their products in the market.
Besides, it also important since it provides a close link between consumers and producers. A lot of things have changed, and most of the consumers have become environmental conscious making them wanting to know more about their products. Not only that but they will also like to know what primary consumers are earning. As a result, it will make the consumers comfortable with the quality of the produce and the farmers will also feel good about fair pay.