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Penetration definition - What is meant by the term Penetration? meaning of Penetration, Definition of Penetration on The Economic Times.
The activity or fact of increasing the market share of an existing product, or promoting a new product, through strategies such as bundling, advertising, lower prices, or volume discounts. The market penetration generated by the new strategy was effective and our next quarters.
Penetration
Afghan National Police penetrated by Taliban at 'every level'
Description:Niche marketing is defined as channeling all marketing efforts towards one well-defined segment of the population. To continue to grow, you need to expand the prospective market size. Customers do not mind paying a little extra because, they are only able to get that service in that company or under its brand. Instead, you identify homeowners in a designated area to see how big the market is. Personal selling is a face-to-face selling technique by which a salesperson uses his or her interpersonal skills to persuade a customer in buying a particular product. The Bureau of Labor Statistics also provides industry insights about growth trends on a national level.
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