How do fmcg companies compete in the market?

FMCG companies compete in the market by continuously innovating and improving their products, keeping up with market trends, and implementing effective marketing strategies. They also focus on building strong relationships with retailers and distributors, ensuring their products are always readily available to consumers. Additionally, many FMCG companies invest heavily in advertising and promotions to increase brand awareness and attract new customers. Overall, success in the FMCG market requires a combination of quality products, efficient distribution channels, and effective marketing tactics.

This mind map was published on 11 June 2024 and has been viewed 21 times.