slice of market

USAGE SUMMARY

The phrase "slice of market" is correct and can be used in written English.
It refers to a portion or segment of a particular market, such as a specific demographic or geographic area. Example: "The new advertising campaign was designed to target a specific slice of the market - young professionals in urban areas."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

6 human-written examples

If Etsy continues to charm younger, hipper and tech-savvier online shoppers, Mr. Gillis said, it could carve out a healthy slice of market share.

The New York Times - Tech

Each day's mail brings news releases announcing alterations -- in wines, product lines, labels, prices -- intended for publicity and a crumb or slice of market share.

The New York Times

Every day's mail brings news releases announcing alterations -- in wines, product lines, labels, prices -- intended for publicity and a crumb or slice of market share.

The New York Times

By and large, though, it is the Japanese upstarts that are acting most aggressively, whereas the foreign funds try to stress how socially responsible they are.Both make up only a small slice of market activity.

The Economist

They also noted that it was ready for the necessary remodeling, an important factor in a business that is developing so rapidly that the time it would take to build a new facility could cost a company an important slice of market share.

The New York Times

That seems to be the case with many of the Google-branded devices, which means the company is essentially competing against itself for a relatively small slice of market share.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

53 human-written examples

While there seems little doubt that online retailers are now taking at least narrow slices of market share from ordinary stores, online retailers may be taking an even bigger bite out of the catalog business.

The New York Times

All of this shows that there is plenty of room for a lot of companies to make a lot of money in the cloud, even with smaller slices of market share.

TechCrunch

Using that strategy, they can cherry-pick specific markets or slices of markets based upon their own expertise, bundling in the hardware and relevant applications.

Forbes

Instead of hedging a few stocks, it uses market indexes to get a bigger slice of the market.

The New York Times

The biggest rally of late in the corporate bond market is in the single-A slice of the market.

Forbes

Expert writing Tips

Best practice

When discussing market strategy, use "slice of market" to emphasize a targeted segment rather than the entire market.

Common error

Avoid using "slice of market" and "share of market" interchangeably without considering the nuance. "Share of market" often refers to a measurable percentage, while "slice of market" can be more qualitative, describing a specific segment.

Linguistic Context

The phrase "slice of market" functions as a noun phrase, often acting as the object of a verb or preposition. It describes a specific segment or portion within a larger market. As shown in Ludwig, the phrase indicates a targeted area or demographic.

Expression frequency: Uncommon

Frequent in

News & Media

60%

Formal & Business

40%

Science

0%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "slice of market" is a noun phrase referring to a specific segment within a larger market. According to Ludwig AI, it is grammatically correct and most commonly used in News & Media and Formal & Business contexts. While similar to "share of market", it emphasizes the targeted nature of the segment. Related terms include ""market segment"" and "portion of the market". When using this phrase, consider the nuances and avoid interchanging it directly with "share of market" without qualification.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

market share

This alternative refers directly to the percentage of a market controlled by a specific company or product.

market segment

This refers to a specific group of consumers within a market.

portion of the market

This alternative uses a different word to indicate a share or segment of the market.

piece of the action

This idiom implies gaining a part of the market's success or profits.

share of the pie

This metaphor describes market share as a portion of a whole.

market penetration

This term focuses on the extent to which a product is recognized and bought by customers in a specific market.

market presence

This refers to the degree to which a company is known and active in a particular market.

market footprint

This term describes the geographical or demographic reach of a company within a market.

market niche

This refers to a specialized segment of the market with specific needs or preferences.

competitive space

This is a more abstract term referencing the competitive landscape and the position of different companies within it.

FAQs

How can I use "slice of market" in a sentence?

You can use "slice of market" to describe a specific segment or portion of a market that a company is targeting, such as "The company aims to capture a significant "share of the market"" or "a particular "market segment"".

What are some alternatives to "slice of market"?

Depending on the context, you can use alternatives like "market share", ""market segment"", or "portion of the market".

Is "slice of market" the same as "share of market"?

While related, "slice of market" often refers to a specific segment or type of customer within the market, whereas "share of market" typically quantifies the percentage of total sales captured by a company.

When is it appropriate to use "slice of market" over other similar terms?

Use "slice of market" when you want to emphasize the specificity of the market segment being targeted, rather than simply indicating its overall market share.