What is market share: Definition, formula, and how to grow it
https://blog.logrocket.com/product-management/what-is-market-share-definition-formula-how-to-grow/
Dec 21, 2022 · For example, if you sell 6,000,000 units over the last 12 months and the total market sales were 120,000,000 units, then your market share is: (6,000,000 / 120,000,000) * 100 = 5%. What market share means for a company. Now that we know what the market share is and how to calculate it, why is market share important for a company?
DA: 47 PA: 78 MOZ Rank: 38