Differentiation Means Making Your Product or Service Unique in Some

question 7

True/False

Differentiation means making your product or service unique in some way that customers will pay extra for

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Definitions:

Demographics

Statistical data relating to the population and particular groups within it, often used for identifying marketing targets.

Direct Order

A method of purchasing where buyers directly contact the suppliers to place an order, eliminating intermediaries.

Prospective Buyer

An individual or business showing interest in purchasing a product or service but has yet to make a transaction.

Transaction

An exchange or transfer of goods, services, or funds between two or more parties, typically involving a payment from the buyer to the seller.