Which of the following is necessary for successful product differentiation?
A) Differences must be real rather than merely perceived.
B) The product must have both higher quality and lower cost than those of the competition.
C) The product not only must be different from those of competitors, it also must be better.
D) Marketers must put most of their efforts into developing an appropriate brand name.
Correct Answer:
Verified
Q215: What do we call expensive products that
Q216: In which phase of the product development
Q217: Which of the following involves making slight
Q218: A consumer can purchase a soft drink
Q219: How do consumer products and business products
Q221: What strategy is your favourite ice cream
Q222: With the invention of the telephone, Alexander
Q223: What are two keys to the success
Q224: Which of the following is a theoretical
Q225: Which of the following is an example
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents