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S3C2A5 What are the advantages of Product Differentiation?


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Season/Course 3: Product & Services

Chapter 2: Product Differentiation

Abstract 5

What are the advantages of Product Differentiation? A differentiated product is able to increase loyalty toward its brand and also can survive when there is a high price point. The differentiated marketing strategy can let companies stand out even when their product is not perceived to be different from their competitors in the case of bottled water. Let's understand this marketing concept in more detail in this episode.

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