Last Updated on 1 month by School4Seo Team
Increased profits, Additional sales and Wider customer base are the three benefits might be likely outcomes of the plan to expand to three additional international markets within the year.
- Increased customer lifetime value
- Decreased costs
- Increased profits
- Additional sales
- Wider customer base
The correct answers are: Increased profits, Additional sales and Wider customer base
Explanation: Increased profits, additional sales, and a wider customer base are likely outcomes of international market expansion.
Expanding into new markets allows Fresco Arts to tap into previously untapped revenue streams. More customers in more locations mean more potential sales, directly leading to increased profits. A wider customer base also diversifies their market, reducing reliance on a single region. This expansion strategy can also provide competitive advantages and brand recognition in new territories. It is a common growth strategy for businesses.
With the scale of app store usage around the world, it’s clear that global users are looking for useful, entertaining, and relevant apps. Scaling your app business to other countries may offer these advantages
o Wider customer base
o Additional sales
o Faster growth
o Diversified revenue streams