If a company follows a strategy of product differentiation,it will seek ways to set it products apart in terms of
A)Quality,design or service
B)Price,demand or service
C)Design,price or popularity
D)Quality,demand or life cycle

Question

Quizplus · Accepted Answer

Product differentiation strategy aims to distinguish a company's product from the competition by emphasizing unique features, benefits, or attributes that appeal to the target market. Quality, design, and service are some of the ways that a company can differentiate its products from competitors. Price and demand are not the focus of product differentiation strategy, as it aims to create customer loyalty through offering a unique value proposition rather than competing on price or volume. Popularity and life cycle are not relevant to product differentiation strategy.

If a Company Follows a Strategy of Product Differentiation,it Will