Market penetration strategies are used to attract customers who have never purchased the product.

Name: Market penetration strategies are used to attract customers who have never purchased the product.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Market penetration strategies are primarily focused on increasing the market share of an existing product, or promoting a new product to existing customers, rather than attracting customers who have never purchased the product.

Market Penetration Strategies Are Used to Attract Customers Who Have