Business Studies, asked by yashvi2190, 1 year ago

The set of consumers who are buying the company's product is the _____.

Answers

Answered by gudan1
6
Penetrated market is your answer of your question
Answered by arshaarunsl
0

Answer:

Penetrated market

Explanation:

  • A group of customers that have already purchased a product or service is referred to as a "penetrated market."
  • Users in a saturated market are already familiar with the product, and the majority of them use it regularly.
  • Markets that have not yet been penetrated are referred to as target markets, potential markets, or available markets.
  • Another example of market penetration that may be used to grow a business is the introduction of a new product to the market.
  • When it comes to releasing new products, companies often create a lot of buzz among their target audiences.

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