Increase technology channel penetration
Working at a startup sounds great. But it can get confusing, too, especially at the beginning. This week: Market Penetration. Market penetration is a business growth strategy with which a company is attempting to enter a new market or market segment. But besides, market penetration can also stand for the percentage of the market that a product of service is able to capture. For companies that are in the stage of setup Market Penetration can be really useful.
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Removing the ambient air from a vacuum chamber and keeping it that way describes vacuum technology at its most basic level. As the pressure within the chamber is reduced, the pressure differential between the chamber and its surroundings will cause ambient gas to flow through any possible channel. Gas vectors that can penetrate a vacuum vessel break down to two separate categories: leaks and permeation. A semantic problem lurks within the leak category because there are two distinct types of gas loads represented by the term. Pockets of gas trapped within the confines of the vacuum chamber are usually referred to as virtual leaks, but this term is used only because they can easily be mistaken for real leaks.
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Startup for Dummies // market penetration
Market penetration is a measure of how much a product or service is being used by customers compared to the total estimated market for that product or service. Market penetration can also be used in developing strategies employed to increase the market share of a particular product or service. Market penetration can be used to determine the size of the potential market. If the total market is large, new entrants to the industry might be encouraged that they can gain market share or a percentage of the total number of potential customers in the industry.
The new Global Digital suite of reports from We Are Social and Hootsuite reveals that there are now more than 4 billion people around the world using the internet. Africa has seen the fastest growth rates, with the number of internet users across the continent increasing by more than 20 percent year-on-year. Social media use continues to grow rapidly too, and the number of people using the top platform in each country has increased by almost 1 million new users every day during the past 12 months. More than 3 billion people around the world now use social media each month, with 9 in 10 of those users accessing their chosen platforms via mobile devices.
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