As developing markets become more competitive, price competition increases, sales fluctuations occur more often and the need for market feedback increases

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As developing markets become more competitive, there is a greater emphasis on price competition to attract customers, leading to more frequent sales fluctuations. Additionally, the increased competition necessitates more frequent and detailed market feedback to understand consumer preferences and market trends, enabling businesses to adjust their strategies accordingly.

As Developing Markets Become More Competitive, Price Competition Increases, Sales