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MenuThe first thing you will need to do as you begin your market expansion effort is to determine the demographics and the geographic location of the new target market. The number and strength of competitors in the target area. Your market research is an especially important piece of the market expansion process. The more you know about your potential customer base and your competition, the easier it will be for you to identify your niche in this new market. Your data may even help you to decide whether you should focus on this potential market.
You can read more here: https://edwardlowe.org/how-to-expand-your-business-through-new-market-development-3/
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