Question

concept and state the importance of market share of demand

Answer 1

Hi friend,

Market share means how much a product occupies a market in comparison to their competition. Market share depends upon the demand of a certain product. The higher the demand, the higher will be the market share. In order to increase the demand, the company has to create a need for their consumers. As soon as the consumers realise their needs, they will demand it. It all boils down to the marketing strategies that a company uses in order to create sufficient among the consumers for them to demand their product and create a market share for themselves. Their earning will have a share for your product too.

Thanks

Answer 2

Answer:

HOPE THE ABOVE GIVEN ATTACHMENT WILL HELP YOU......