Respuesta :
A marketing strategy to increase sales of current products in current markets is referred to as Market Penetration.
What is Market penetration?
- A product or service's market penetration is a measurement of how much of the predicted total market for that product or service is actually being used by customers.
- The development of tactics used to enhance the market share of a specific good or service can also make use of market penetration.
A successful market penetration is what?
- Between 2 and 6 percent is thought to be the range for a market penetration rate for consumer goods that is above average.
- Between 10% and 40% is a decent penetration rate for business items.
- Some brands find it useful to determine market penetration after each ad and marketing campaign, while others find it useful to do so every three months.
Learn more Market penetration here:
https://brainly.com/question/15244132
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