Economy, asked by tabasum5867, 10 months ago

Product differentiation is the features of which market type

Answers

Answered by rajiranjan26
0

Answer:

In economics and marketing, product differentiation (or simply differentiation) is the process of distinguishing a product or service from others, to make it more attractive to a particular target market. This involves differentiating it from competitors' products as well as a firm's own products.

Explanation:

Product differentiation helps your organization answer this question and focus on the unique value a product brings to its users. If no effort is put into a differentiation strategy, products risk blending in with a sea of competitors and never getting the market hold they need to keep going.

Similar questions