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the concept holds that consumers will favor producto that offer the most in quality, performance and innovative features Marketing Product Selling

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the	concept holds
that consumers will favor producto that
offer the most in quality, performance
and innovative features
Marketing
Product
Selling

the concept holds that consumers will favor producto that offer the most in quality, performance and innovative features Marketing Product Selling

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Usta · 5 yıl öğretmeni
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The concept you are referring to is known as "product differentiation." Product differentiation is a marketing strategy that businesses use to distinguish a product from similar offerings on the market. By emphasizing unique features, benefits, or qualities, companies aim to make their products more appealing to consumers.<br /><br />In essence, product differentiation seeks to highlight how a product stands out in terms of quality, performance, and innovative features. This strategy helps businesses create a competitive edge and can lead to increased customer loyalty and market share.<br /><br />For example, a smartphone manufacturer might differentiate its product by offering a longer battery life, a higher-resolution camera, or faster processing speed compared to competitors. By focusing on these unique attributes, the company can attract consumers who prioritize these specific features.<br /><br />Overall, product differentiation is a key aspect of marketing and selling strategies, as it helps businesses communicate the unique value proposition of their products to potential customers.
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