To achieve its objective, Bin Lane should follow market penetration growth opportunity strategies.
Step-by-step explanation:
The growth strategy that makes the most sense for Bine Lane to achieve what it wants to achieve in this case would be the application of market penetration growth opportunities. Market Penetration is a complex set of actions, which all boil down to one.
They refer to the set of actions employed with the final goal of going ahead and creating what may be called a niche in the existing market. This refers to making your customers more and more frequently visit your store with the chance for more and more customers to be added on. This makes it the best choice for Bine Lane to make its customers visit and purchase more frequently.