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Option 1: Expand existing niche in current market Option 2: Expand existing niche in new market(s) Option 3: Expand to new niche in current market
Option 1: Expand existing niche in current market Option 2: Expand existing niche in new market(s) Option 3: Expand to new niche in current market Option 4: Expand to new niches in new market(s)
1. explain each option and what would the appropriate Marketing and Sales strategy for each options?
2. explain why each option best for the business growth and which one option would be choosen?
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