Explain the four strategies for growth: market penetration, market development, product development, and diversification. How can Lee use market penetration to increase her sales?
Describe the target market strategy for Lee’s business. Paint a very clear picture of who Lee will be targeting for her product. For example: Appealing to an entire market, concentrating on one particular segment, or multiple market segments. Explain the four strategies for growth: market penetration, market development, product development, and diversification. How can Lee […]