What is Market Share?

[yahuy022]

Market share is the portion or percentage of sales of a specific product or service in a given region that are controlled by a company. If, for example, there's 100 widgets sold in a country & company A sells 43 of them, then company A has a 43% market share. You can also calculate market share using revenue in lieu of units sold. If company A sold widgets for a total cost of $860 & the people in the country spend a total of $2,000 on the same widgets, then the market share is $860/$2,000 or 43%. The different methods of calculating market share won't always provide the same answer, because different companies may charge slightly different prices for the same type of widget.

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[ketlonraider]

Learn Basics of Share Market From Share khan.Market share is the percentage of a market.The percentage of an industry or market's total sales that is earned by a particular company over a specified time period.

 

[makjak]

Market share is the percentage of a market accounted for by a specific entity.

 

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[tinasmith1097]

Market share is the percentage of business or sales a company wields out of total business or sales by all competitors combined in any given market.

 

[eena]

I have been confused in this case. Than you for giving good answers to us

 

[elenabrown]

Market share is a company's percentage of sales in a particular industry. Both increases and decreases may affect profits, so managers typically adjust operations and marketing strategies to increase or decrease it as needed.

 

[james_koley]

Market share can be calculated either in terms of the money earned from sales or the number of units sold. The basic way of calculating this percentage is just revenue or units sold divided by that of the total market

 

[liquidpr]

what is meant by that... ??

 

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