MANAGEMENT

Detailed explanation-1: -An example of product differentiation is when a company emphasizes a characteristic of a new product to market that sets it apart from others already on the market.

Detailed explanation-2: -An innovating entrepreneur sees the opportunity for introducing a new technique or a new product or a new market.

Detailed explanation-3: -It’s a specific and clear benefit that makes your business stand out when compared to other businesses in your market. Forming an opinionated and deliberate USP helps focus your marketing strategy and influences messaging, branding, copywriting, and other marketing decisions, and influences prospective customers.

Detailed explanation-4: -Viral marketing is a technique that uses engaging content in the hopes that viewers will share it on their personal and social media networks.