What does market share mean?
Definitions for market share
mar·ket share
This dictionary definitions page includes all the possible meanings, example usage and translations of the word market share.
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Wiktionary
market sharenoun
Percentage of some market held by a company.
Wikidata
Market share
"Market share is the percentage of a market accounted for by a specific entity." In a survey of nearly 200 senior marketing managers, 67 percent responded that they found the "dollar market share" metric very useful, while 61% found "unit market share" very useful. "Marketers need to be able to translate sales targets into market share because this will demonstrate whether forecasts are to be attained by growing with the market or by capturing share from competitors. The latter will almost always be more difficult to achieve. Market share is closely monitored for signs of change in the competitive landscape, and it frequently drives strategic or tactical action." Increasing market share is one of the most important objectives of business. The main advantage of using market share as a measure of business performance is that it is less dependent upon macroenvironmental variables such as the state of the economy or changes in tax policy. However, increasing market share may be dangerous for makers of fungible hazardous products, particularly products sold into the United States market, where they may be subject to market share liability.
Anagrams for market share »
sharemarket
Numerology
Chaldean Numerology
The numerical value of market share in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of market share in Pythagorean Numerology is: 2
Examples of market share in a Sentence
Raymond James analyst Elliot Wilbur:
Teva can capture about $290 million-$300 million in annual sales, or roughly 45% market share.
You'll see this company be the best in pre-paid and post-paid, i think we have everything we need to lower prices and also grow market share.
India and China are the two most interesting markets both for crude oil and oil products. Those are colossal markets in terms of population, the deal will, of course, allow Rosneft to cement its position there and help to get more market share from Saudi Arabia, though we have to look at the prices, how much is Rosneft is paying?
They should have a much bigger market share than they do based on their heritage.
We are profitable in two of our three broad regions, in Asia, we are focused on improving market share.
Translations for market share
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"market share." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/market+share>.
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