New Strategies For Consumer Goods

Since 1999, global retail sales are increasing at their swiftest rate. However, the market will begin to decelerate in 2005 as monetary policies stiffen and consumer debt levels start to hurt. As such, the retailers will have to depend on innovation, or seek out perky emerging markets and their knowledge of their customers. To rethink their strategies for future growth, most consumer goods companies can still ameliorate some of their operations. For some, they will focus on groundbreaking new strategies including developing new service businesses, building unattended product categories and outsourcing production.

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