📈Market Penetration

noun
/ˈmɑː.kɪt ˌpen.ɪˈtreɪ.ʃən/

Meaning

A measure of the amount of sales or adoption of a product or service compared to the total theoretical market for that product or service.

Example Sentences

High market penetration ensures competitive dominance.

Synonyms

Market Expansion, Business Growth, Sales Boost

Antonyms

Market Withdrawal, Decline, Stagnation

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