The loss of sales due to a new product which you recently introduced is an example of erosion.

Name: The loss of sales due to a new product which you recently introduced is an example of erosion.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Erosion in this context refers to the reduction in sales of an existing product due to the introduction of a new product by the same company, which diverts customers or sales from the older product to the new one.

The Loss of Sales Due to a New Product Which