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Essay heading: Frito-Lays Dips
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Business |
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| Date added: |
March 23, 2002 |
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9 / 2450 |
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About 20 percent of the dips used in the US are homemade; nearly as many consumers use refrigerated salad dressings for dips. It is estimated that about 35 percent of refrigerated salads sold in the states is used as dips. It is also estimated that annual sales of the vegetable dip market are about 67 million dollars and the market is growing about 18 percent annually (this trend has been consistent since 1978)... displayed 300 characters
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Not only the existing competitors releasing new products, but also many well financed companies, such as Campbell Soup, introduced their dip lines. This data indicated increasing competitors and that leads to increasing advertising expenses, in 1985 the market's total advertising expense was 58 million dollars which was up 25 percent from the year before... displayed next 300 characters
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