further market expansion

Language: en

📖 Definitions

  1. The process of increasing a company's or product's presence in existing or new markets, typically involving strategies to reach more customers, enter new geographic regions, or expand market share.; An economic trend or phase characterized by the growth of sales volume, customer base, or operational scale within a specific industry or sector beyond current levels.

💬 Examples

  1. The company plans to invest heavily in logistics to support further market expansion into Southeast Asia.

  2. Such favorable conditions often precede further market expansion and sustained growth trajectories.