Market penetration strategy 1.More purchase and usage from existing customers 2.Gain customers from competitors 3.Convert non users into users.

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Presentation transcript:

Market penetration strategy 1.More purchase and usage from existing customers 2.Gain customers from competitors 3.Convert non users into users Product development strategy 1.Product modification via new features 2.Different quality levels 3.‘New’ product Market development strategy 1.New market segment 2.New distribution channels 3.New geographic areas Diversification strategy 1.Organic growth 2.Joint ventures 3.Mergers 4.Acquisition/take-over’s

Market penetration strategy 1.More purchase and usage from existing customers 2.Gain customers from competitors 3.Convert non users into users Product development strategy 1.Product modification via new features 2.Different quality levels 3.‘New’ product Market development strategy 1.New market segment 2.New distribution channels 3.New geographic areas Diversification strategy 1.Organic growth 2.Joint ventures 3.Mergers 4.Acquisition/take-over’s