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1.

Targeted Marketing

Assessing market potential helps in identifying an effective marketing strategy, ultimately raising revenue.

2.

Sales Optimization

Knowing market potential allows for better sales forecasting and maximizes profit margins.

3.

Customer Retention

Understanding your market helps in retaining customers, ensuring a stable revenue stream.

4.

Product Improvement

Market potential assessment often reveals areas for product improvement, heightening sales.

5.

Competitive Advantage

Understanding your market gives a competitive edge, leading to increased market share and revenues.

6.

Risk Reduction

Assessing market potential helps mitigate business risks, ensuring sustainable revenue growth.

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