Measuring market reach involves tracking various metrics such as:
Market Penetration Rate: The percentage of potential customers who have purchased your product or service. Customer Acquisition Cost (CAC): The cost associated with acquiring a new customer. Customer Lifetime Value (CLV): The total revenue a business can expect from a single customer over their lifetime. Brand Awareness: The extent to which customers recognize and recall your brand. Geographic Reach: The number of different locations where your product or service is available.