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Definition of market penetration: The activity or fact of increasing the market share of an existing product, or promoting a new product, through strategies such as.

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Description:
Jun 27, - Market penetration is a measure of how much a product or service is being used by customers compared to the total estimated market for that product or service. Market penetration can also be used in developing strategies employed to increase the market share of a particular product or service.

Jump to Definition - Market penetration refers to the successful selling of a product or service in a specific market. It is measured by the amount of sales volume of an existing good or service compared to the total target market for that product or service.‎In an emerging market · ‎Purpose · ‎Strategies.

Views: 7716 Date: 14.08.2019 Favorited:75
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