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Web18 feb. 2024 · There are three basic kinds of markets you’ll likely be considering: expanding an existing offering in an already-established market, introducing a new entry into an established market, and creating demand in a brand new market. Each type is associated with specific business goals. WebStrategy 3: Focus on service. A new market is the business equivalent of a clean slate, which can be a blessing and a curse. Benefits of breaking into new markets include a … Web12 apr. 2024 · According to a market report of Southwest Power Pool’s (SPP) Western Energy Imbalance Service Market (WEIS), it provided $31.7 million in net benefits to 12 participating utilities last year and continues to grow its membership. WEIS is a centralized, real-time balancing market that sends the ... heather tweed mary