MARKET PENETRATION


Meaning of MARKET PENETRATION in English

1. the proportion (usually expressed as a percentage) of a population of interest that has accepted a product or an idea in some way.

2. price strategy of an organisation to increase sales by offering more of their existing products in existing markets (Ansoff's matrix) usually by lowering the price.

Raynet Business and Marketing English glossary.      Английский глоссарий компании Raynet Business and Marketing .