P&G lost market share and its overall profits decreased as a result of using everyday low pricing.

Name: P&G lost market share and its overall profits decreased as a result of using everyday low pricing.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

P&G actually gained market share in many categories due to its everyday low pricing strategy, which helped to increase sales volume and customer loyalty, although it did face challenges in maintaining profit margins due to the lower prices.

P&G Lost Market Share and Its Overall Profits Decreased as a Result