Definition of penetration tragetUploader: Terrence 14 days ago Subscribe 1826
You do this through market development. It is one of the measures of a company or industry's success in getting consumers to use their products. Foul language Slanderous Inciting hatred against a certain community Others. Successful outcomes stem from careful monitoring by key staff and leaders. Businesses can also increase their market penetration by offering promotions to customers. Your Reason has been Reported to the admin. Market penetration is a way to determine successfulness of the business model and marketing strategy for a product. If 1 million people flew on a particular route last year, the airlines that cover that route can estimate sales penetration based upon ticket sales. To continue to grow, you need to expand the prospective market size.