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Market penetration factor

Most commonly, market penetration in this form is expressed as a percentage, calculated by multiplying the current sales volume by , and then dividing that .

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market penetration

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Description:Calculating Penetration Rate The penetration rate is easy to calculate if you know your target market size. Successful outcomes stem from careful monitoring by key staff and leaders. It is about finding new ways to boost sales and keep customers loyal and increase market share. Overall the major growth opportunities they implement, attempts to peak sales through stressing current products in present markets and present products in new markets. Clear and precise planning will also help minimise this risk and will lead to a successful improvement and boost in market share.

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