market-led
1 of 1adjective/ˈmɑrkɪtˌlɛd/
1
(of a business strategy or approach) prioritizing the needs and wants of the market or customers in decision-making and product development
- The company adopted a market-led strategy, focusing on customer feedback to shape its new product line.
- Market-led reforms have been introduced to encourage competition and reduce government control in many sectors.
- The government supports a market-led economy, where businesses and consumers drive economic growth.
- The shift to a more market-led approach has led to increased efficiency in the industry.
- The rise of e-commerce represents a market-led transformation in how goods are sold worldwide.