RESEARCH ETHICS
COMMERCIALIZATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Diversification
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Differentiation
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Unique selling point
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Market segmentation
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Detailed explanation-1: -Product differentiation is a marketing process used to distinguish a product or service from others in the market to appeal to a target demographic. Product differentiation involves highlighting the features of a product or service that make it unique and valued by customers.
Detailed explanation-2: -A differentiation strategy is an approach businesses develop by providing customers with something unique, different and distinct from items their competitors may offer in the marketplace. The main objective of implementing a differentiation strategy is to increase competitive advantage.
Detailed explanation-3: -Novelty. Your product can be differentiated from your competitors by being completely unique. Price. One of the most obvious ways to differentiate your product or service is to focus on your pricing. Performance. Production. Location. Design. Added service. Niche appeal. More items •14-Dec-2021