1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
VMariaS [17]
3 years ago
13

Describe some techniques that sellers use to differentiate their products.​

Business
1 answer:
Alchen [17]3 years ago
6 0

Hello!

The term "differentiation" refers to what sellers do to make their products different, or stand out,  from competing products.

A few forms of differentiation are through:

- Pricing (more expensive or less expensive than competitors)

- Form (size, shape, structure, etc.)

- Performance (performing better or more efficiently than competitors)

- Reliability (lasting longer than competing products)

For example, Tesla differentiates itself through offering appealing (stylish) electric cars that are energy-saving and more efficient than other electric vehicles. Pricing is also reasonable for what the company offers, but expensive relative to most common gas-powered cars.

I hope this helps you! Have a lovely day!

- Mal

You might be interested in
A business owner makes 60 items by hand in 45 hours. She could have earned $35 an hour working for someone else. Her total expli
Nezavi [6.7K]
The Answer Is : $-720
8 0
3 years ago
A company can shorten its cash cycle by: __________
Dafna1 [17]

Answer:

None of the above

Explanation:

Companies can shorten their cash cycles by turning over their inventory faster. The quicker a company sells its goods, the sooner it takes in cash from cash and credit card sales and begins its accounts receivable aging. Inventory turnover has no impact on the cash cycles of service companies with no inventory.

5 0
3 years ago
Read 2 more answers
In order to determine if a home is fairly priced or not, it is important to look at the home's:
Charra [1.4K]
In order to determine if a home is fairly priced or not, it is important to look at the home's:


C. price per square foot.
4 0
3 years ago
Read 2 more answers
Which component of table setting includes knives?
Keith_Richards [23]

Answer:

Steelware I think

Explanation:

7 0
2 years ago
XYZ Company uses an allowance method to account for bad debts. It estimates that 5% of the accounts receivable will be uncollect
Papessa [141]
Aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
8 0
3 years ago
Other questions:
  • Gold Brands is the industry leader in golf equipment and not only has a degree of pricing power amongst its competition but also
    6·1 answer
  • The founder of ABC​ Corp., who had only an​ eighth-grade education, built his company into a multinational success. He often tal
    5·1 answer
  • What type of a goal is graduating from college in four years? (I forgot the attachment from last question)
    12·2 answers
  • The best way to focus your attention on your most important daily goals is to use a
    14·1 answer
  • Each month the Census Bureau carries out the Current Population Survey (CPS) (which has been carried out every month since 1940)
    15·1 answer
  • Pelican, Inc. had revenues of $395,000, expenses of $155,000, and dividends of $54,000 during the current year. Based on the giv
    13·1 answer
  • The Evanec Company's next expected dividend, D1, is $3.03; its growth rate is 5%; and its common stock now sells for $34.00. New
    9·1 answer
  • Linda, a manager at Addoso Inc., is writing a proposal on how a new work benefit will affect employees' attitude toward their jo
    6·2 answers
  • In the value chain, what is the term of the activities that are required but not directly add value to the company's products or
    9·1 answer
  • Earnings of workers are typically decreased by
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!