market saturation


Definitions (2)

1.Point at which a market is no longer generating new demand for a firm's products, due to competition, decreased need, obsolescence, or some other factor.
2.Measure of the extent of a product's sales volume relative to the number of total potential customers, expressed as a percentage. Formula: Sales volume of a product x 100 √∑ Number of total potential customers.

Use market saturation in a sentence

Related Videos

Have a question about market saturation? Ask for help in the
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z