Market penetration refers to the measure or strategy used by a company to gain more customers or sell more products/services within a specific market. It involves increasing the market share by attracting more buyers to choose their brand over competitors.
Full definition
Results driven with a verifiable record of
increasing market penetration, customer satisfaction, process improvements and profitability in various business areas.
Dynamic, high - energy and successful Senior Level Sales leader with a demonstrated track record of leading
aggressive market penetration, channel development and long - term client relations.
Experienced, knowledgeable and innovative Sales and Customer Service professional with a proven track record in overseeing sales increases, and aggressively
driving market penetration while providing outstanding customer service.
A successful track record of brand launches, brand building, product positioning & improved
market penetration with strong planning skills, and effective allocation of resources.
Responsible for
improving market penetration and brand growth by strategically identifying hotel development opportunities within a six - state region.
My past work experience and extensive educational success has shaped me into a Sales Executive with skills in
global market penetration and business development, servicing global telecommunications corporations.
If the seniors housing industry can, through good customer service and customer experience, continue to increase
market penetration rates, then the current level of construction can likely be sustained and absorbed.
• Provide strategic business development initiatives and foster client referral activities that continue to
grow market penetration and business success.
Throughout my career, I have managed staff recruitment and corporate restructuring initiatives while simultaneously achieving
strong market penetration.
These two bookstores account for 76 % of the total vote, which really shows how
much market penetration they actually have.
Strong knowledge of bill and cost analysis and comparison and developed and continuously develop grass roots advertising and marketing campaigns allowing for
strategic market penetration and sustained business branding success.
Meanwhile, he added, the steady erosion of fuel duty yield is well known, as vehicle fuel efficiency improves and hybrid, electric and other vehicle technologies achieve
significant market penetration.
Until there's
more market penetration your local mechanic isn't likely to have the skills (or tools) to work with a specialized high voltage electrical system.
On the other hand, if no other drug addresses the same needs, you might assume the drug will
enjoy market penetration of 50 % or more.
Given that past experience shows people are willing to spend a significant fraction of their personal net worth in order to fly in space, such a minute
market penetration seems unrealistic.
Managed complete regional franchise operation including building sales and
customer market penetration, managing contract negotiations, personnel administration, forecasting and profitability.
Highly successful solution sales and sales management professional with expertise in business planning,
extending market penetration, initiating and developing strong business relationships, and increasing revenues.
The business model has to clearly define who is your customer,
market penetration expected, how much customers pay versus total costs and the investment required to sustain cash flow.
When will we reach a point of maturity where
online market penetration can't get much higher and operating costs can't get much lower?
The purchase allows the company
market penetration into 13 new states, although none where it will be the market leader.
As an «out of the box» thinker, I am particularly good at start - ups, project and position development and
market penetration efforts.
As sales and
market penetration head north, the company should continue to gain significant visibility, and all three lead assets provide a substantial downside cushion.
As a metric,
market penetration relates to the amount of potential customers that have purchased a specific company's product instead of a competitor's product, or no product at all.
With greater device adoption and better
educational market penetration of tablets and smartphones, perhaps enhanced ebooks just needed to wait for the right time to emerge.
Phrases with «market penetration»