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Plank had a great idea of the products he wanted to sell and what kind of product he was selling, following the Ansoff Matrix would explain how the company grew and Plank idea’s and plans got successful.
The above mention three are the steps in which the company may opt to grow; the explanation is market penetration means pushing and selling the existing products in the existing market segments. Plank had several promotions and tie ups with the officials of clubs where he was given as order for the clothes for the sportsman and Plank also tried to sell them the socks which were of different colors and resembled the flag of the countries in the jerseys which made them look more attractive. The flow of their products like footwear and accessories are low and it definitely tries to push the sales of those products by different offers and exciting colors. This is how Under Armour does penetration
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