A market penetration strategy attempts to increase sales of present products among ______.

Business

1 answer:

S_A_V [24]1 year ago

8 0

A market penetration strategy attempts to increase sales of present products among existing customers.

<h3>What is penetration price strategy?</h3>

Penetration pricing is known to be a method that do tries to scatter an already set up market by bringing in a new product or service that is said to be viewed at a lower price to be able to influence as well as entice new customers to by or subscribe to a product or service.

Note that this kind of strategy helps a firm to be able to get the attention of buyers in regards to a target space and a such, A market penetration strategy attempts to increase sales of present products among existing customers.

Learn more about market penetration strategy from

brainly.com/question/14313239

#SPJ1

You might be interested in

What financial behaviors will typically lead to a low credit score?

AfilCa [17]

A.
Low credit scores usually indicate irresponsible spending behaviors.

5 0

3 years ago

Read 2 more answers

How did the long sunday holiday contribute to the collapse? check all of the boxes that apply. stockbrokers who still had profit

Diano4ka-milaya [45]

Stockbrokers who still had profits on their books were afraid that their profits would disappear.

Stockbrokers who had losses were afraid that those losses might get larger.

Investors decided to get out of the market.

3 0

3 years ago

Read 2 more answers

King Auto Supply sells car and truck parts, as well as tire replacement and balancing services. As King places its order for tru

Y_Kistochka [10]

Answer:

joint

Explanation:

Based on the information provided within the question it can be said that such business products are characterized as having joint demand. This type of demand refers to when two or more goods or services are usually bought or demanded together by customers, since they complement each other. Such as cars and petrol, or in this case cars and tires.

5 0

3 years ago

The Assembly Department had 4,900 units of beginning inventory in September, and 5,700 units were transferred to it from the Cu

11Alexandr11 [23.1K]

Answer:

Explanation:

add the first two units only

6 0

3 years ago

Dafna11 [192]

Part 1a:


the transactions that create expenses for valdez services are:

a. the company paid $12,200 cash for payment on a 16-month old liability for office supplies.
b. the company paid $1,233 cash for the just completed two-week salary of the receptionist.
c. the company paid $39,200 cash for equipment purchased.
d. the company paid $870 cash for this month's utilities.


Part 1b:

The general journal entries recording the transactions of Valdez services is attached.

Part 2.

The income statement of Carmen Camry for the August is attached.

Part 3:

The statement of owner's equity of Carmen Camry for August is attached.

Part 4:

The general journal entries recording the transactions of Hannah Venedict is attached

3 0

3 years ago