Posts published in “THE MARKET”

This article is about competition on the market. Market competition is the degree of rivalry in a particular industry.

Barriers to entry into the market are obstacles that determine the easiness of entering into the particular market.

Special characteristics of the market include geographic characteristics, demographic characteristics and psychographic characteristics.

Who is a market leader? The firm with the highest market share in a particular market is called the market leader.

Increase in market share can be achieved in a number of ways. Let’s take a look at the most typical ways how to increase market share.

Market share is measured by expressing sales of one business as a percentage of total sales in the whole industry.

The pace of market growth will depend on many factors. It is the Marketing Department’s job to identify different features of markets.

Market growth refers to an increase in size of the market over a specific period of time, usually one year, or one quarter. 

Customer base is the number of potential customers in the particular market who are able to purchase the product.

This article is about size of the market. Market size is the measurement of total sales of all the companies within a defined market.

The market location includes the specific place where the transactions happen and the specific place where customers can be found.

A market is a place where sellers and buyers buy and sell products. Also, a market is a group of customers with similar characteristics.

Companies using Market Orientation intend to make products that the customers want to buy rather than just making and selling products that the company produces.

Companies using Product Orientation intend to make products that can be made and then try to tempt the customers who will purchase those products.

Effective Marketing makes customers pay the price for a product that exceeds the cost of raw materials. This is called adding value through Marketing.