• Reviewing the current business model and target audiences is important when identifying new markets for expansion
  • Conducting competitor market research and analyzing customer behavior are key steps in identifying new market opportunities
  • Market expansion involves identifying untapped customer segments and exploring new geographical markets
 
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Expanding Into New Markets: Definition, Tips and Example8 Ways to Identify Market Opportunities for Business Growth7 Ways to Identify New Market Opportunities in a Changing ...What Is Market Expansion, and How to Build a Strategy?How to Identify New Market Opportunities for Business ...