FMCG Products Market Share
Your biggest competitor, FreshCo Industries (owner of Vitalize), decided to stop their TV advertisements as from January 2023 and shift all investments to digital advertising. In March 2023 you see that:
- Their monthly market share is 26%
- Their YTD market share is 28%
- Their MAT market share is 30%
Would you, assuming that everything else stayed the same, recommend your management to also switch all investments from TV advertising to digital advertising? Tip: understanding how the percentages change over time will help you solve this problem.
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