Market development refers to the marketing strategy of
A) increasing sales of current products in current markets.
B) selling new products to new markets.
C) selling new products to current markets.
D) selling the same brands in both current and new markets.
E) selling current products to new markets.

Question

Quizplus · Accepted Answer

Market development involves selling existing products to new markets, expanding the customer base beyond the current market.

Market Development Refers to the Marketing Strategy of