The differentiation strategy is ineffective for products that are expensive, luxury consumer goods.It is best used for common, inexpensive products such as donuts.

Name: The differentiation strategy is ineffective for products that are expensive, luxury consumer goods.It is best used for common, inexpensive products such as donuts.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Differentiation strategy is effective for luxury goods as it emphasizes unique features and quality, which are important for justifying higher prices.

The Differentiation Strategy Is Ineffective for Products That Are Expensive