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Market share is a business's sales data divided by the total sales of the same industry in a specific market. It is often expressed as a percentage as a measure of a business's performance, competitiveness, or product dominance in the market.
For example, during 2025, my chicken noodle business achieved total sales/revenue of $400,000, while total chicken noodle sales in the same market were $1000,000, so my chicken noodle business's market share is 40%.
For example, during 2025, my chicken noodle business achieved total sales/revenue of $400,000, while total chicken noodle sales in the same market were $1000,000, so my chicken noodle business's market share is 40%.
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