Product differentiation definition

Product differentiation means a strategy that aims to give a provider’s own products characteristics that distinguish it from the products of competing providers. Product differentiation can take place both in the wholesale and retail market. A high degree of product differentiation by a provider may provide a basis for strong customer loyalty and reduce competition in the market. Strong brands can have similar effects.
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Product differentiation means a strategy that aims to give a provider’s own products characteristics that distinguish it from the products of competing providers. Product differentiation can take place both in the wholesale and retail market. A high degree of product differentiation by a provider may provide a basis for strong customer loyalty and reduce competition in the market. Strong brands can have similar effects. In addition, various types of limitations or costs of switching provider can reduce the competition intensity at both the retail and wholesale levels.
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Product differentiation means the products are (identical/similar).
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Examples of Product differentiation in a sentence

  • Hedonic prices and implicit markets: Product differentiation in pure competition.

  • Product differentiation by analysis of DNA melting curves during the polymerase chain reaction.

  • Gross income in relation to government clinical professional services rendered: R 3.

  • Product differentiation is a key value chain element in increasing competitiveness.

  • Monopolistic Competition: Features, Pricing Under monopolistic competition, Product differentiation.

  • Product differentiation and market segmentation as alternative marketing strategies.

  • Product differentiation has been identified as a contributory factor to asymmetric price adjustment in goods markets.

  • Product differentiation creates advantages for incumbents because entrants must overcome the accumulated brand loyalty of existing products.

  • Product differentiation, multiproduct firms, and estimating the impact of trade liberalization on productivity.

  • Product Differentiation: Product differentiation means that products are different in some ways, but not altogether so.

Related to Product differentiation

  • Cannabis product means cannabis that has undergone a process whereby the plant material has been transformed into a concentrate, including, but not limited to, concentrated cannabis, or an edible or topical product containing cannabis or concentrated cannabis and other ingredients.

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

  • Product means any deliverable under the Contract, which may include commodities, services, technology or software.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.