If you look at the counter point data above, it looks like just market share, but you can see that it is data based on shipment. In other words, you should not be happy just because you found the market share on Google, but you should know whether it is based on sales or volume. So why should we look for market share based on quantity? 1. Market position and competitor analysis is possible. Market share by volume clearly shows where a company stands compared to its competitors. Knowing how many products or services are sold compared to competitors can help companies determine their relative strength and popularity within the market.
This helps you assess competitive dynamics and formulate strategies. Cambodia Phone Number Data Performance measurement By tracking market share by volume, companies can measure their performance over time. Increasing market share can indicate effective marketing, increased customer preference, or successful product development. Conversely, a decrease may be a signal that your strategy needs to be adjusted. 3. Resource allocation and investment decisions By understanding market share, companies can decide where to allocate resources and make investment decisions. For example, if you have high market share in a particular sector, it may make sense to invest further in that area. you to consider reassessing your strategy or focusing on more profitable areas. Ultimately, all companies have limited resources. In this situation, a clear distribution of these limited resources is needed, and the company can operate by setting market share as the standard. So, you must understand the market share based on quantity.

After quantity, market share based on sales Statcounter, Statista, Fortune Business Insights Smartphone marketshare Smartphone marketshare from Source: Statcounter, Statista, Fortune Business Insights However, understanding market share based on quantity does not mean that you know everything. The market is ultimately about making money. So, another data we need to look for is market share based on more advanced sales. So why should we search based on sales? 1. Measurement of economic performance Market share based on sales is an important indicator in measuring a company's economic performance. |