market share

  

Definition

A percentage of total sales volume in a market captured by a brand, product, or company.

Use market share in a sentence

  • They are buying up the properties in order to build a strip mall. Most likely we will not get the market share value for the house.

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  • We were able to improve our market share by investing heavily in our marketing and advertising as we knew we had a great product already.

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  • Knowing what the market share on your company is will help you to figure out how much profit you are due to make.

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