market penetration

English dictionary entry

Meanings

noun
  1. The degree to which a product or service has reached its target market; the amount of sales volume of an existing good or service compared to the total target market for that product or service.

Word forms

market penetration market penetrations
This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.