Jargon Buster
Penetration
- What does this mean?
-
The extent to which a facility is attracting actual users or attendees from within its relevant identified markets.
Most frequently expressed as a percentage (see below), thus:
P = A ÷ N × 100
Where:
- P is percentage penetration
- A is the total actual attenders or users e.g. from a postcode sector
- N is the estimated number of individuals in the relevant potential market e.g. number of people actually resident in that postcode sector
