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单词 vertical market
释义

vertical market


vertical market

A particular industry such as banking, insurance or computers. See vertical market software. Contrast with horizontal market.

Vertical Market


Vertical Market

The market for a product that only appeals to a single industry. For example, an airplane manufacturer is likely to sell airplanes predominantly or exclusively to airlines. A vertical market can be very profitable when there are only a few sellers in it; however, even a small amount of competition can drive down profit margins significantly. See also: Horizontal market.
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更新时间:2025/2/26 21:22:00