11 September 2013
wat is market share of company? explain with example.
16 October 2013
market share could mean many things.
It could be based on sales like if total sales for a particular product is Rs 100, and the company sales Rs 20, then its market share is 20%.
It could also be based on individual buyers like if total number of buyers in the market is 10 and the company caters to 4 of them, then its market share is 40%.
If we combine the above to, the market share in terms of value is 20% and in terms of clients is 40%.
I hope the above example explains the concept..