exploit new market vs exploit a new market

Both phrases are correct, but they are used in slightly different contexts. "Exploit new market" is more general and can refer to the action of taking advantage of any new market opportunities without specifying a particular market. On the other hand, "exploit a new market" is more specific and refers to the action of taking advantage of a particular, identified new market.

Last updated: March 22, 2024 • 695 views

This phrase is correct and can be used when referring to the action of taking advantage of any new market opportunities without specifying a particular market.

"exploit new market"

This phrase is more general and does not specify a particular market. It can be used when discussing the general strategy of entering new markets or exploring new opportunities.

Examples:

The company plans to exploit new market segments in the coming year.
Our goal is to exploit new market trends to increase our sales.
They are looking to exploit new market niches to diversify their product offerings.

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The objective is to help improve farm business performance and efficiency through collaboration, supply chain efficiency, improve the marketing of agricultural produce and help exploit new market opportunities.
Maybe he wanted to exploit new technologies having world governments pick up the tab.
It is the best way to exploit new opportunities for sustainable job creation.
The Union must meet new challenges and exploit new opportunities that lie ahead.
Actually, the press itself exploits new technology in many ways.
to exploit new and emerging research opportunities that address social
I feel that this is the way to go, for it will enable Parliament to fully exploit new technologies to publicise its work.
The agreement allows the licensee to gain access to a technology that can be combined with these assets, allowing him to exploit new or improved technologies.
Demand-side measures will open new markets for biotechnology innovation.
Thanks to their solid hands-on experience, small and medium-sized European companies can play, both now and in the future, an important role in producing garments that can exploit new chemical processes and develop new technology.
For example, children and young people often have a natural readiness to use new media and to exploit new technologies, whilst adults may have greater accumulated experience that can benefit critical thinking about media content.
Is the Commission aware of various reports in the press that it is relatively easy to exploit new payment cards to commit fraud?
In the recent working document on the future 'EU 2020' strategy, the Commission also stressed the need to exploit new sources of growth to secure social and territorial cohesion.
In the 7 th framework programme (2007 - 2013) the European Commission offers a much wider approach, proposing as it does to build 'a European knowledge-based bio-economy, to exploit new and emerging research opportunities that address economic and social challenges'.
In the 7 th framework programme the European Commission offers a broader vision, proposing as it does to build 'a European knowledge-based bio-economy (...), to exploit new and emerging research opportunities that address social and economic challenges'.
The Communist Party of Greece believes that every country should take measures to reduce energy dependency, make full use of domestic sources and develop and exploit new forms of energy, with the objective of securing cheap supplies for the working classes and protecting the environment.
The European Council recognises the importance of enabling companies to exploit new technologies, and has called for the rapid implementation of the Environmental Technologies Action Plan.
And there's a new market on the corner.
But it gives us credibility in this new market.
We are looking into new markets in European gas.

Alternatives:

capitalize on new market
take advantage of new market
explore new market opportunities
enter new market
tap into new market

This phrase is correct and is used when referring to the action of taking advantage of a specific, identified new market.

"exploit a new market"

This phrase is more specific and is used when discussing a particular market that is being targeted for exploitation or exploration.

Examples:

The company plans to exploit a new market in Asia next year.
They are looking to exploit a new market segment in the tech industry.
Our strategy is to exploit a new market opportunity in the healthcare sector.

Alternatives:

capitalize on a new market
take advantage of a new market
explore a new market opportunity
enter a new market
tap into a new market

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exploit new market vs exploit a new market