Meaning of “demarket” in the English Dictionary

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"demarket" in Business English

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demarketverb [ I or T ]

uk /ˌdiːˈmɑːkɪt/ us MARKETING

to market a product or service less, or to make it seem less worth buying:

Some areas in Florida prefer elderly vacationers and so they demarket to college students.
demarket cigarettes and alcohol

(Definition of “demarket” from the Cambridge Business English Dictionary © Cambridge University Press)