The _________ strategy involves a firm using different marketing mix activities to help consumers perceive the product as being

Question

aleksklad [387]

2 years ago

10

The _________ strategy involves a firm using different marketing mix activities to help consumers perceive the product as being

different and better than competing products.

Business

1 answer:

nadezda [96] · Answer 1 · 2022-08-09T23:34:03+03:00

Answer:

product differentiation

Explanation:

A product differentiation strategy focuses on distinguishing your company's products or services from the competition. The company must add meaningful and valued differences that will distinguish our product or service in order for our customers to view them as different or better. The goal of a differentiation strategy is to gain a competitive advantage since customers associate differentiated products to higher quality products.