The marketing strategy of selling new products to current markets is referred to as
A) product penetration.
B) product development.
C) market development.
D) diversification.
E) market penetration.

Name: The marketing strategy of selling new products to current markets is referred to as A) product penetration. B) product development. C) market development. D) diversification. E) market penetration.
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Question

Quizplus · Accepted Answer

Product development involves creating new products to sell to existing markets.

The Marketing Strategy of Selling New Products to Current Markets