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MARKET PENETRATION

(noun)
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Definitions

There is 1 meaning of the phrase Market Penetration.

Market Penetration - as a noun

The extent to which a product is recognized and bought by customers in a particular market

Example Sentences

"The company successfully achieved market penetration by expanding into new international markets."
"The aggressive marketing campaign resulted in a significant increase in market penetration."
"The new product launch aimed to improve market penetration and capture a larger customer base."
"The company's strategy of offering lower prices helped in achieving market penetration quickly."
"Increasing market penetration requires a deep understanding of consumer preferences and needs."
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