What does product differentiation mean?
Definitions for product differentiation
prod·uct dif·fer·en·ti·a·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word product differentiation.
Wiktionary
product differentiationnoun
Perceived differences between the product of one firm and that of its rivals so that some customers value it more.
product differentiationnoun
The process of creating such differences.
Wikipedia
Product differentiation
In economics and marketing, product differentiation (or simply differentiation) is the process of distinguishing a product or service from others to make it more attractive to a particular target market. This involves differentiating it from competitors' products as well as from a firm's other products. The concept was proposed by Edward Chamberlin in his 1933 book, The Theory of Monopolistic Competition.
Wikidata
Product differentiation
In economics and marketing, product differentiation is the process of distinguishing a product or service from others, to make it more attractive to a particular target market. This involves differentiating it from competitors' products as well as a firm's own products. The concept was proposed by Edward Chamberlin in his 1933 Theory of Monopolistic Competition.
Numerology
Chaldean Numerology
The numerical value of product differentiation in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of product differentiation in Pythagorean Numerology is: 9
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"product differentiation." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/product+differentiation>.
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