A ____________________ is a strategy of increasing market share for present products in existing markets.

Question

asked Oct 12, 2023 107k views

1 Answer

MrBean Bremen · Answer 1 · 2023-10-16T17:17:41+0000

As a strategy, market penetration is used when the business seeks to increase sales growth of its existing products or services to its existing markets in order to gain a higher market share.

A ____________________ is a strategy of increasing market share for present products in existing markets.

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions