market penetration
What market penetration means in Business A-Level, as defined for AQA.
Definition of market penetration
Check what you remember
Read the wording for your board, then hide it and explain market penetration in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Selling more of the current range to current customers, the cheapest because the product works and the channel exists.
Topics that use market penetration
Related terms
Using market penetration in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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