What is the meaning of market penetration?

noun

  • The extent to which a product is recognized and bought by customers in a particular market. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). market penetration. Retrieved September 23, 2026, from http://smartdefine.org/market_penetration/definitions/1188765
ChicagoWordNet. 2010. "market penetration" http://smartdefine.org/market_penetration/definitions/1188765 (accessed September 23, 2026).
HarvardWordNet 2010, market penetration, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/market_penetration/definitions/1188765>.
MLAWordNet. "market penetration" 23 October 2010. Web. 23 September 2026. <http://smartdefine.org/market_penetration/definitions/1188765>