Question
On www.amazon.com, a tube of Colgate Cavity Protection Toothpaste sells for 32 cents an ounce and a tube of Crest Cavity Protection Toothpaste sells for
- On www.amazon.com, a tube of "Colgate Cavity Protection Toothpaste" sells for 32 cents an ounce and a tube of "Crest Cavity Protection Toothpaste" sells for 36 cents an ounce. (please provide me a) detailed paragraph to outline Colgate's potential responses if Crest were to lower its price for "Crest Cavity Protection Toothpaste" to, say, 28 cents an ounce. HINT: You should describe at least FIVE (5) potential responses as discussed in Principles of Marketing.
if you cannot provide detailed paragraph please provide explanation.
for your information, Main question is
Colgate Palmolive is a worldwide producer and distributor of household, healthcare, and personal-care products. It is the global leader in the oral-hygiene market; in the toothpaste market, for example, it boasts a market share of 42.1 percent worldwide. Consider the following snapshot of the product lifecycle for Colgate toothpaste during the period from 2005 to 2018 (adapted from www.macrotrends.net) and answer the questions that follow. [20]
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