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Business strategy
How to experience growth through market penetration
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[QUOTE="Augusta, post: 310022, member: 25283"] Market penetration strategy can work with a lot of businesses to bring it's growth. All what you need do for your business is to adopt the right ways to help it work So what are the right ways You can start with creating new Product. though it also works with existing products, but you would do better with a new good product as customer's problem is solved In an innovative way Then change the product Pricing you can increase market penetration by lowering products prices. Don't forget to target new geographies. market penetration strategy is here to help with moving and expanding to a new area. You can seek out partnerships you would penetrate new markets by working with.new people [/QUOTE]
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