Explore BrainMass

Explore BrainMass

    Market penetration is 90% what does that mean

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    If your market penetration is 90% what does that mean?
    Too familiar with Smith Travel Reports (STR)? How do they evaluate market penetration?

    © BrainMass Inc. brainmass.com June 4, 2020, 1:35 am ad1c9bdddf

    Solution Preview

    1If your market penetration is 90% what does that mean.

    According to Investopedia, market penetration is that measure that a firm's products or services has in terms of sales within a market as compared to the entirety of the market for the same (Investopedia, 2011). If this is so, a market penetration of 90% has the meaning that the products ...

    Solution Summary

    The expert determines what it means if market penetration is at 90%.