Companies in the market adopt various growth strategies, such as product development, market development, market penetration, and diversification, to overcome current and future challenges and drive a company?s growth. On January 20, 2020, Isabella Oliver (a premium maternity brand) adopted the market penetration strategy and launched a new rental program to improve its reach and increase the longevity of maternity clothing. The brand offered its customers a new range of options to rent a dress, including party wear and fundamental pregnancy essentials, for two weeks, before returning them free of charge. The company even takes care of the dry cleaning.
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