relevant market

English translation: relevant market

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:relevant market
English translation:relevant market
Entered by: dovo
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03:34 Aug 26, 2001
English to English translations [PRO]
Bus/Financial
English term or phrase: relevant market
economics term;
no context
I need an explanation not translation!HELP
dovo
Local time: 00:14
As I understand it from my translating experience:
Explanation:
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

Selected response from:

Angela Arnone
Local time: 23:14
Grading comment
Thank you very much!
The explanation really helped me.
DOVO
4 KudoZ points were awarded for this answer



Summary of answers provided
na +1As I understand it from my translating experience:
Angela Arnone


  

Answers


8 mins peer agreement (net): +1
As I understand it from my translating experience:


Explanation:
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



Angela Arnone
Local time: 23:14
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 58
Grading comment
Thank you very much!
The explanation really helped me.
DOVO

Peer comments on this answer (and responses from the answerer)
agree  Francesco D'Alessandro
39 mins
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