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Picking a strategy allows you to angle your product in a particular way that will create a strategic, competitive advantage. A strategic, competitive advantage is something that you can benefit from in order to have a leg up on your competition. There are a variety of specific product strategies that are used by marketing managers.
https://www.thebalance.com/what-is-competitive-advantage-3-strategies-that-work-3305828
Dec 14, 2019 · Competitive advantage is what makes an entity better than opponents. The 3 strategies are cost leadership, differentiation, and focus. ... What Is Competitive Advantage? Three Strategies That Work ... You must know your product's features, its advantages, and how they benefit your customers. You must stay up to date on the new trends that ...
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https://www.coursehero.com/file/21249712/POM-E-5-Product-Design/
Product Strategy Options Support Competitive Advantage • Product decision includes the selection, definition, and design of products. • The objective of the product decision is to develop and implement a product strategy that meets the demands of the marketplace with a competitive advantage. • Product decisions are fundamental to an organization’s strategy and have major implications ...100%(1)
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