Was the new P & G able to confront Walmart and hold the lineon merchandise...

Was the new P & G able to confront Walmart and hold the line on merchandise prices?

Expert Solution

YES THE NEW P&G WAS ABLE TO CONFRONT WALMART AND HOLD THE LINE ON INNOVATION PRICES -

BY INNOVATION IN FUTURE LIKE-

CUSTOMER SATISFACTION -Customer satisfaction is defined as a measurement that determines how happy customers are with a company's products, services, and capabilities. Customer satisfaction information, including surveys and ratings, can help a company determine how to best improve or changes its products and services.

PRICING STRATEGY -A pricing strategy takes into account segments, ability to pay, market conditions, competitor actions, trade margins and input costs, amongst others. It is targeted at the defined customers and against competitors

DISCOUNT VOUCHERS -A discount voucher is a type of financial discount incentive that is used by many retail situations to allow consumers to purchase goods and services at reduced prices.

EFFECTIVE ADVERTISEMENT -Effective advertising reaches potential customers and informs them of your products or services. Advertising is communication intended to inform, educate, persuade, and remind individuals of your product or businesses. Advertising must work with other marketing tools and business elements to be successful.

PROMOTIONAL ACTIVITIES-Promotional activities include sales promotion, merchandising, personal selling, exhibitions, advertising and public relations. the population that are the focus of a promotional activity.

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