MANAGEMENT

Detailed explanation-1: -Product differentiation depends on consumers’ attention to one or more key benefits of a product or brand that make it a better choice than similar products or brands. The elements of differentiation include product design, marketing, packaging, and pricing.

Detailed explanation-2: -It should have the ability to differentiate itself from other products on the market and provide a unique experience to its users. A successful product should also have a clear purpose and value proposition that resonates with customers and meets their needs.

Detailed explanation-3: -A product’s unique selling proposition (USP) can be literally anything that makes it unique or different from others out there. Here are a few examples of ways companies can differentiate their products from others in the market.