answersLogoWhite

0


Best Answer

There are several ways to gain market share:

Lower prices: This can be an effective way to attract customers who are looking for a good deal.

Improve product quality: Offering a higher quality product than competitors can attract customers who are willing to pay a premium for better quality.

Increase marketing and advertising: Investing in marketing and advertising can help raise awareness of a company's product and increase sales.

Expand distribution: Making a product available in more locations can increase its reach and make it more convenient for customers to purchase.

Innovation: Introduce a new product or service to the market which has a unique selling point can attract new customers.

Differentiation: Differentiating the product from the competition through branding, packaging, or the overall customer experience can attract customers who value that differentiation.

Mergers and Acquisitions: Buying a competitor or merging with another company can increase market share quickly.

Create a strong brand: Building a strong brand can help to create customer loyalty, which can be an effective way to maintain market share. My recommendation book .𝕙𝕥𝕥𝕡𝕤://𝕨𝕨𝕨.𝕕𝕚𝕘𝕚𝕤𝕥𝕠𝕣𝕖𝟚𝟜.𝕔𝕠𝕞/𝕣𝕖𝕕𝕚𝕣/𝟜𝟘𝟝𝟡𝟘𝟝/𝔸𝕘𝕒𝕥𝕚𝕖𝕣/

User Avatar

Dhanesh Subramani

Lvl 4
1y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

10y ago

market share can be gained by adding more market share to make more customers and money and aim for their goals of success.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How can market share be gained?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is Gucci's market share?

market share? for what? he hasn't done anything yet to prove he deserves market share


Which is the most moving share in commodity market?

Equity share is the most moving share in commodity market.


Is share market is capital market?

yes, share market is a capital market but secondary market as company has no direct contact with the share holders. persons deals in sharemarket through stock exchanges.


Market Share of ITC Company?

Present market share of ITC Company


Market share of Avon in India?

avon's market share in india is 04.33%


How do you calculate evolution index?

The Evolution Index is a measure of evolutionary change over time and can be calculated using various methods depending on the context. One common approach is to compare genetic sequences or phenotypic traits between different time points or populations using mathematical models such as phylogenetic analysis or quantitative genetics. By quantifying the differences and similarities in these traits, researchers can estimate the rate and direction of evolution within a given population or species. The Evolution Index provides valuable insights into the dynamics of evolutionary processes and can help researchers understand how organisms adapt and diversify in response to changing environments.


What is the Market share market growth matrix?

what are the four quandrants named in the BCG Growth-Market Share Matrix


What is the face value of the share?

Share can have mutliple values at a time. Face value of share is the value written on share document while market value of share is the value at which share is currently selling in capital market. For Example: when a new share issued by company value on share is $10 which is face value. After one year of issue of share, share is selling in market at $12 which is it's market value.


Meaning of stock market and share market?

Both stock market and share market refers to the same.It is a market where investors gather to buy/sell shares.


Iwant to know about share market how its work?

Iwant to know about share market how its work?


What is the market share of American Airlines?

Its domestic market share is 14.8% as of January 2008.


How can market growth be gained?

lead to innovation