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The aim of market penetration is to effectively use your product, enter the market as quick as possible and seize a large market share. Furthermore, market penetration is frequently used a measure to determine, whether your product or a service is capable of capturing a fixed percentage of the market. Price Adjustment — One of the most frequently used market penetration strategy is price adjustment. Increased Promotion — Investing more time and strength in a promotion can dramatically increase market penetration. For example, advertising is one of the most effective ways to increase brand awareness.
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