Differentiation strategy outlines a strategic framework that is chosen by the businesses to differentiate their services or products to beat their competitors in the same market. Product differentiation can be done in terms of improved quality, new features, better product design, features, improved brand image, or customer service. Differentiation strategy is adopted by businesses to gain a competitive advantage over their competitors. This can be achieved by analyzing the strengths and weakness, customer’s needs, market gap, expected perceived value from the customer base.
What does a business have to consider when trying to follow a
Alibaba is the world’s largest e-commerce platform. How did
With hundreds of competitors in the boat business, Regal Marine must
Mary Smith, a CFA candidate, was recently hired for an
Mary Smith, a CFA candidate, was recently hired for an
Mary Smith, a CFA candidate, was recently hired for an
Mary Smith, a CFA candidate, was recently hired for an
Mary Smith, a CFA candidate, was recently hired for an
Mary Smith, a CFA candidate, was recently hired for an
Mary Smith, a CFA candidate, was recently hired for an