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Product differentiation information


In economics and marketing, product differentiation (or simply differentiation) is the process of distinguishing a product or service from others to make it more attractive to a particular target market. This involves differentiating it from competitors' products as well as from a firm's other products. The concept was proposed by Edward Chamberlin in his 1933 book, The Theory of Monopolistic Competition.[1]

  1. ^ Chamberlin, Edward (1962). The Theory of Monopolistic Competition: A Re-orientation of the Theory of Value. Harvard University Press. ISBN 978-0674881259.

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Product differentiation

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In economics and marketing, product differentiation (or simply differentiation) is the process of distinguishing a product or service from others to make...

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Differentiation

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may refer to: Differentiation (economics), the process of making a product different from other similar products Product differentiation, in marketing...

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Product strategy

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design Philip Kotler New product development Concept testing Product life-cycle management (marketing) Product differentiation Jr. Donald K. Clifford (1981)...

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Price discrimination

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second-degree price differentiation) — offering a product line by creating slightly differentiated products for the purpose of price differentiation, i.e. a vertical...

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Delayed differentiation

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differentiation or Postponement is a concept in supply chain management where the manufacturing process starts by making a generic or family product that...

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Monopolistic competition

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heterogeneous products and that monopolistic competition involves a great deal of non-price competition, which is based on subtle product differentiation. A firm...

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Product management

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and legal. Product lifecycle Product manager Product planning Product marketing Product differentiation Program management Software product management...

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Point of difference

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A point of difference is a factor of products or services that establishes differentiation. Differentiation is the way in which the goods or services of...

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Imperfect competition

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types of product differentiation: Vertical differentiation: a product is unambiguously better or worse than a competing product (e.g. products that differ...

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Product innovation

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smaller businesses can use product innovation to better differentiate their product from others. Product differentiation can be defined as "A marketing...

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Product rule

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rule for derivatives, shows that differentiation is linear. The rule for integration by parts is derived from the product rule, as is (a weak version of)...

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Brand

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to differentiate between several types of products in the 21st century, hence branding is among a few remaining forms of product differentiation. Brand...

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Context analysis

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with other organizations. And these are: low price strategy and product differentiation strategy. The next step, after the trend analysis and competitor...

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Marketing

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the targeting process is the level of differentiation involved in a segment serving. Three modes of differentiation exist, which are commonly applied by...

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Logarithmic differentiation

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In calculus, logarithmic differentiation or differentiation by taking logarithms is a method used to differentiate functions by employing the logarithmic...

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Smart products

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situated marketing communication, dynamic pricing models and dynamic product differentiation models. As Fano and Gershman state: "Technology enables service...

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Market segmentation

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Europe. A study of the German book trade found examples of both product differentiation and market segmentation in the 1820s. From the 1880s, German toy...

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Melting curve analysis

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dissociation), by virtue of the peaks thus formed. SYBR Green enabled product differentiation in the LightCycler in 1997. Hybridization probes (or FRET probes)...

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Differentiated instruction

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Differentiated instruction and assessment, also known as differentiated learning or, in education, simply, differentiation, is a framework or philosophy...

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Commodity

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Non-commodity items such as stereo systems have many aspects of product differentiation, such as the brand, the user interface and the perceived quality...

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Differentiator

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gain–bandwidth product of real op amps will put an upper frequency limit for differentiation In order to overcome the limitations of the ideal differentiator, an...

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Automatic differentiation

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automatic differentiation (auto-differentiation, autodiff, or AD), also called algorithmic differentiation, computational differentiation, is a set of...

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Oligopoly

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measure. The study of product differentiation indicates that oligopolies might also create excessive levels of differentiation in order to stifle competition...

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Horizontal integration

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that product or service.Other benefits include, increasing economies of scale, expanding an existing market or improving product differentiation. Horizontal...

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