ITC Economics: A Deep Dive into FMCG
FMCG (Fast-Moving Consumer Goods) refers to products that are sold quickly and at relatively low cost, including packaged foods, beverages, toiletries, personal care items, and over-the-counter drugs. The economics of FMCG are shaped by high-volume, low-margin strategies, distribution efficiency, brand equity, and consumer demand. 1. Revenue Model FMCG companies depend more on high sales volumes…
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