WHEN A DIFFERENTIATION STRATEGY WORKS BEST
WHEN A DIFFERENTIATION STRATEGY WORKS BEST
- There are many ways to differentiate product/service & differences are perceived by buyers to have value
- Buyer needs & uses of item are diverse
- Not many rivals are following a similar type of differentiation approach
Differentiation strategies are most
powerful when buyer needs & preferences
are too diverse to be satisfied by
a standardized product!