DIFFERENTIATION Flashcards

1
Q

Differentiation Strategies

A
  • Product differentiation
  • Service differentiation
  • Price differentiation
  • Distribution differentiation
  • Relationship differentiation
  • Image/Reputation differentiation
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2
Q

Why is differentiation important?

A

It enables an organization ti provide superior value and boost profitability and viability. Businesses have to invest in those strategies that best suit them.

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