Week 6 assignmentmengt 3 level and business strategies
It is my opinion that this decision will be a smart one for the company. This will give them the ability to distinguish their products in a highly competitive marketplace, giving them an advantage over their competitors and increasing their success rate in the long term. They should also be able communicate their brand’s unique value proposition effectively to customers. This will allow them to encourage loyalty and increase customer loyalty via marketing campaigns such as loyalty reward programs or special promotions.
In the current marketplace and competitive landscape, it seems that focusing on differentiation is a great way to ensure long-term success. This firm is able to maintain its competitive edge while offering high-quality goods at affordable prices by distinguishing its products from their competitors.