Words / U / Business

untapped market

noun

B2CEFR level
55/100Rarity: uncommon
TechnicalRegister

A group of potential customers that no company is yet serving effectively.

Small rural clinics are an untapped market that the big vendors have always ignored.

Topic: Strategy in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Strategy