asked 213k views
5 votes
Amos does not want to find new customers or create new products. instead, he is opening more stores and improving the marketing mix--more intriguing advertising, better pricing, better reward program, better in-store service, better store ambience, etc. what strategy is he using

1 Answer

1 vote

This is known as market penetration- instead of expanding his market to new customers or products he is doing a deeper development of the customers he already has to increase loyalty and sales.

answered
User K Split X
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.