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  2. a situation in which someone has obtained the power or influence needed to get what is wanted: In buying their business, the company gains a major foothold in a market it considers critical to the future of the industry.
    dictionary.cambridge.org/dictionary/english/foothold
    From Longman Business Dictionary foot‧hold /ˈfʊthəʊld-hoʊld/ noun [ countable usually singular] part of a market that a company obtains, hoping to obtain more of the same market or part of another larger market that is related to itSYNBEACHHEAD Several U.S. companies have teamed up with Mexican retailers to get a foothold in the huge Mexican market.
    www.ldoceonline.com/dictionary/foothold
     
  3. People also ask
    What is a foothold in business?The authors define a foothold as a tactical or strategic move in which a firm purposefully establishes a small position in a market — by branching out into an untapped geographic area, for example, or introducing a new product.
    What does it mean to lose a foothold?• To lose your foothold was to be trodden down. gain/establish a foothold • Keeping hydrated improves the body's ability to trap and neutralize those microbes before they can gain a foothold. • These opportunistic diseases would not otherwise gain a foothold in the body.
    When is a market position considered a foothold?A market position was considered a foothold when the firm that held that position in a certain product category or geographic area generated quarterly sales from the position that represented less than 3 percent of the total market for that category or area.
    What is foothold noun?Definition of foothold noun from the Oxford Advanced Learner's Dictionary a place where your foot can be safely supported when climbing She edged forward feeling for a foothold. Join our community to access the latest language learning and assessment tips from Oxford University Press!
     
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