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Which of the following is not one of the pitfalls or mistakes associated with pursuing a differentiation strategy? Being timid and not striving to open
Which of the following is not one of the pitfalls or mistakes associated with pursuing a
differentiation strategy?
Being timid and not striving to open up meaningful gaps in quality or service or
performance features versus the products of rivals
Overspending on efforts to differentiate the company's product offering and then
discovering that buyers are unwilling to pay a sufficient price premium to cover the added
costs of differentiation, thus ending up with unacceptably small profit margins or even
losses
Striving to differentiate on features or attributes that rivals can easily and quickly copy
Trying to strongly differentiate the company's product from those of rivals rather than be
content with weak product differentiation
Charging too high a price premium for the differentiating features
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