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Bob experiences unshakable sadness. His friends have stopped trying to cheer him up because nothing works. An ancient Greek physician would have labeled his condition:
Competitive Advantage
The unique features, resources, or positioning that allows an organization to outperform its competitors in the market, leading to greater sales or margins.
Product Attributes
Characteristics that define a product, such as quality, features, brand, and packaging, which influence consumer purchasing decisions.
Analyze Competitors' Positions
The practice of evaluating the market stance, strategies, strengths, and weaknesses of competitors within the same industry.
Market Segments
Distinct groups of potential customers with similar needs, characteristics, or behaviors, who might require separate products or marketing approaches.
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