Example of market penetration strategy

The strategies must address: Identification of its niche market based on its strengths, business model or the weaknesses of competitors.

If your business is rising in popularity with customers, it could be a good moment to open a new location. The ability of your organization to achieve higher usage by customers can be greatly enhanced by rapidly changing technologies that encourage users to upgrade or that offer more reasons to use the product or service.

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Android follows a penetration pricing strategy. For example, you can translate your product into an Asian language such as Chinese because selling in Asian markets can be very profitable.

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