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Market development

Market development is a growth strategy that identifies and develops new market segments for current products. It involves marketing existing products in new markets. A development strategy targets non-buying customers in currently targeted segments. It also targets new customers in new segments. A market development strategy entails expanding the…

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Market development

Nodes7
Edges6
Triples1
Avg. degree1.71
Density0.285714
Components1

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Market development

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Market development → growth strategy that identifies and develops new market segments for current products

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new development strategy segments market products customers marketing targets users uses also product growth identifies develops current involves existing markets

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Market developmentis agrowth strategy that identifies and develops new market segments for current products0.90text

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