Meaning & use
market offering
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Meaning
nouncountablebusiness
A product, service, or combination of these that a company offers to customers.
Grammar: Countable: a market offering, several market offerings. Often used in business and marketing writing.
Patterns
- a market offering
- the company's market offering
- develop a market offering
The company's new market offering combines software with ongoing support.
They spent months designing a market offering that would appeal to young families.
A strong market offering must solve a real problem for the customer.
Word forms
| plural | market offerings |
|---|
Common combinations
- new market offering
- The startup launched a new market offering aimed at small businesses.
- develop a market offering
- The team worked to develop a market offering that could compete with cheaper brands.
- core market offering
- Their core market offering is a subscription-based accounting tool.
- differentiate a market offering
- To stand out, they differentiated their market offering with better customer service.
Synonyms and how they differ
Word family
Commonly confused: market offering or market share?
market offering vs market share
The portion of total sales in a market held by one company; 'market offering' is the product or service itself, not the amount sold.
Practice
Which phrase best completes the sentence: 'The firm's latest ______ includes a mobile app and a subscription service.'?
Choose one answer.
'Market offering' refers to the product or service bundle presented to customers. 'Market share' is the percentage of sales, 'market segment' is a group of buyers, and 'market order' is a trading instruction.
Make it your own
Write a sentence using “market offering”, then check it and compare it with the examples above.