Glossary entry (derived from question below)
Aug 26, 2001 03:34
23 yrs ago
English term
relevant market
English
Bus/Financial
economics term;
no context
I need an explanation not translation!HELP
no context
I need an explanation not translation!HELP
Responses
| 0 +1 | As I understand it from my translating experience: |
Angela Arnone
|
Responses
+1
8 mins
Angela Arnone
Native in English
&
English
Italian by name ... English by nature!
Native in: English 
Works in: Italian to English, English, Italian
Related KudoZ points
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58
Selected
As I understand it from my translating experience:
The \"relevant\" market you refer to means that in which a company operates: its specific sector.
If you make gears, your relevant market will be that which requires gears.
If you make perfume, your relevant market is perfume users.
Does this sound too simplistic?
It is not really a difficult concept but unless you encounter the reality of it most people don\'t stop to think that of course you have to aim to sell where your defined customer is.
Angela
If you make gears, your relevant market will be that which requires gears.
If you make perfume, your relevant market is perfume users.
Does this sound too simplistic?
It is not really a difficult concept but unless you encounter the reality of it most people don\'t stop to think that of course you have to aim to sell where your defined customer is.
Angela
4 KudoZ points awarded for this answer.
Comment: "Thank you very much!
The explanation really helped me.
DOVO"
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