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Market penetration is one of the four alternative growth strategies in the Ansoff Matrix. A market penetration strategy involves focusing on selling your existing products or services into your existing markets to gain a higher market share.

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Description:
Jun 24, - This strategy Ansoff termed 'Market Penetration'. This is only possible where markets are still growing, or where organisations are prepared to.

The Ansoff Matrix, also called the Product/Market Expansion Grid, is a tool In a market penetration strategy, the firm uses its products in the existing market.

Views: 20777 Date: 29.08.2019 Favorited:49
Category: Penetration

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