Market Saturation
 

What is market saturation and how can it be controlled ?

In financial aspects, industry vividness is circumstances in which a item has become diffused (distributed) within a market; the real level of vividness depends on customer buying power; as well as competitors, costs, and technological innovation.

Market saturation is a situation that arises when the volume of a product or service in a marketplace has been maximized in its current state. At the point of saturation, a company can only achieve further growth through new product improvements, by taking existing market share from competitors or through a rise in overall consumer demand.

market saturation is a situation in which a product has become diffused (distributed) within a market; the actual level of saturation can depend on consumer purchasing power; as well as competition, prices, and technology.