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Facing stiff competition in the e - reader market, SmartReads wants to protect its competitive advantage by increasing the perceived value of its reader. SmartReads

Facing stiff competition in the e-reader market, SmartReads wants to protect its competitive advantage by increasing the perceived value of its reader. SmartReadss best strategy to accomplish this would be to
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increase the cost of production to add innovative new features.
highlight the number of celebrities who use SmartReads e-readers.
lower the retail price of its e-reader to attract new customers.
try to imitate some of the features found in competing products.

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