Meaning of the word "market awareness" in English
What does "market awareness" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
market awareness
US /ˈmɑːr.kɪt əˈwɛr.nəs/
UK /ˈmɑː.kɪt əˈwɛə.nəs/
Noun
the extent to which consumers are familiar with a brand or product, or the level of understanding a business has about its target market, competitors, and industry trends
Example:
•
Increasing market awareness is crucial for our new product launch.
•
Our competitor has strong market awareness due to their extensive advertising.
Related Word: