What does Market Penetration mean?
The successful selling of a product in a specific market relative to the total target market.
The company's strategy for market penetration involves aggressive pricing and increased promotion.
Market Penetration in German, French, Spanish and Italian
GermanMarktdurchdringung
Erhöhung der Marktanteile bestehender Produkte auf bestehenden Märkten.
FrenchPénétration du marché
Augmentation des ventes d'un produit existant sur un marché actuel.
SpanishPenetración de mercado
Vender más de un producto a los clientes que ya tiene el mercado.
ItalianPenetrazione del mercato
Crescita del volume di vendita di un prodotto in un mercato noto.
Common phrases with Market Penetration
- strategy market penetration
- increase market penetration
- deep market penetration
Synonyms and opposites for Market Penetration
- Opposite Market exit