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Put yourself in the place of the business' customer. The question here is "Why go to company A instead of company B? The only reason would be the items that differentiate the two (price, quality, location, atmosphere, response time, etc.).
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∙ 15y ago
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What are the marketing mix and importance in business?
product place price promotion
Is oceano and sons strategy one of product differentiation or cost leadership?
product differentiation
Importance of strategies?
A business strategy is important because it sets the direction the business will follow to success. With a strategy, a business can develop a clear plan to compete with their competitors.
What is differentiated marketing and what are five costs associated with this type of marketing?
Differential marketing is when a company targets more than one segment and has a different approach for each. The five costs associated with it are technology costs, price/quality, customer service, product differentiation, and user differentiation. All of these 5 things can effect the cost to run a business.
Need and importance of marketing research in service?
Market research is essential for the survival and growth of your business. It enables you to improve the competitive nature of your business and reduce your risks.
Is it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy simultaneously Why or why not?
Is it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy simultaneously? Why or why not?
The importance of profit to a business like HMV?
the importance of profit to a business?
What is the Importance of business in your daily life?
importance of business in our daily life
Importance of demography in business and commerce?
importance of dempgraphy in business and commerce
What is the business strategy of JetBlue Airlines?
Integrated cost leader ship/Differentiation
What is the importance in business letter?
The importance of a business letter is to communicate information. The importance of some business letters is to generate a response or an action on the part of the recipient. The importance of other business letters is to inform the recipient of something.
E-business importance in an organization and the values in telecommunications?
what are the importance of E-business
What is e xample of product for differentiation?
Product differentiation is the process of customizing products. When you order food without items that come with the food then the business allows you to differentiate your product.
The use IT by a business to provide tailored service to a specific customer is an example of competing on?
DIFFERENTIATION
The partial differentiation equation for the vibration of a uniform curved elastic plate is of fundamental importance and is known after her name Who is she?
Sophie germain
What is the importance of business calculations?
The importance of business calculations is that it helps in gauging the performance of a business. This will measure the growth of the business through computations of profit margins.
What is it called when a stem cell becomes specific type of cell?
differentiation.
