Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi, Currently, I'm studying Master of Management in Business Management. I have a question regarding marketing management. In order to define a differentiation of new

Hi,

Currently, I'm studying Master of Management in Business Management. I have a question regarding marketing management. In order to define a differentiation of new product or services, how do I create differentiation of my new product?

Suppose that I have a plan to promote a herbal drink. Currently there are so many manufacturers and home made producer of this product. If the product is same as others, but I promote the product differently which use small offline booth store that is available in many location so that customers will easily reach the product. Is this strategy can be mentioned as differentiation?

Thank you for your attention.

Best Regards,

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Business

Authors: Louis E. Boone, Micheal H. Khan, DAvid L. Kurtz, Brahm M. Canzer

1st Canadian Edition

978-1118161739, 1118161734

More Books

Students also viewed these Marketing questions

Question

________ A middleman often hired on a commission basis.

Answered: 1 week ago