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In your position as a marketing manager for a small industrial company, you have been asked by the president to help differentiate the company's product from its competitors. In reviewing your marketing management notes, you note that the text stated that physical products could be differentiated in nine ways. These nine areas comprise the "meat" of the memo you are writing to the president of your firm. What are the nine ways that physical products can be differentiated?
Differing Needs
The varied requirements or desires individuals have, based on their unique circumstances, personalities, and stages of life.
Genetic Predispositions
The genetic factors that can influence an individual's likelihood of developing certain traits, behaviors, or diseases.
Social Conditions
The circumstances and factors affecting the way people live and interact in society, such as poverty, education, and community.
Environmental Conditions
The external factors and influences that affect living organisms, including natural and built environments.
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