A company that seeks to make more sales to existing customers without changing its products in any way is engaging in market penetration.

Name: A company that seeks to make more sales to existing customers without changing its products in any way is engaging in market penetration.
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

Market penetration is a strategy where a company focuses on increasing sales of its existing products to its current customers without changing the product itself, often through marketing or sales promotion efforts.

A Company That Seeks to Make More Sales to Existing