Market penetration through
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Market Penetration is a business growth strategy in which a company . additional customers gained through these methods in a saturated market do not yield.
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Market penetration refers to the successful selling of a product or service in a specific market. . This is meant for emerging markets but the connection extends across to more established markets as well. Essentially the model illustrates that.
Description:Search Market Penetration Strategy Market penetration is one of the four alternative growth strategies in the Ansoff Matrix. A market penetration strategy involves focusing on selling your existing products or services into your existing markets to gain a higher market share. This is the first strategy most organizations will consider because it carries the lowest amount of risk. This strategy involves selling more to current customers and to new customers who can be thought of as being in the same marketplace.
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