Business Studies, asked by vijiharsha1091, 10 months ago

Market penetration strategy for product

Answers

Answered by Rajputadarshsingh3

Answer:

Market penetration strategy is focusing on selling your existing products or services into your existing markets to gain higher market share. It is an attempt by a company that is already in the market with an off-the-shelf product to get more sales from other market participants.

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