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P3 ansoffs matrix

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › P3 ansoffs matrix

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by AvatarKen Garrett.
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  • December 8, 2013 at 5:12 pm #151670
    Avatarhasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    Is it market development when a company extends its market to another segment of the market for eg previously sold men’s products and now also focussing and marketing women to use those products?

    Thanks

    December 8, 2013 at 8:33 pm #151714
    AvatarKen Garrett
    Keymaster
    • Topics: 10
    • Replies: 10656
    • ☆☆☆☆☆

    That would be an example. Or having sold to businesses now selling to individuals or breaking into a foreign market.

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