Question

In: Finance

In a marketing context, Market Penetration means: developing new markets for existing products developing new products...

In a marketing context, Market Penetration means:

developing new markets for existing products

developing new products for existing markets

increasing sales of existing products in existing markets

developing new products for new markets

Solutions

Expert Solution

Market penetration is a marketing strategy where
the company tries to increase market share of
an existing product or service.
In a marketing context, Market Penetration means:
developing new markets for existing products

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