chasityhainline9274 chasityhainline9274

26-10-2022
Business

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when a firm uses branding to identify its products and distinguish them from its competitors, its uses what elements to do so?

Answer :

ujjwalmishra1 ujjwalmishra1

31-10-2022

When a firm uses branding to identify its products and distinguish them from its competitors, it uses product differentiation elements.

What is product differentiation?

Product differentiation is defined as a strategy for companies and products to control market share in accordance with consumer preferences.

It can also be defined as the quality or qualities that stand out to your target market and make your product or service unique.

There are three types of product differentiation.

Horizontal differentiation
Vertical differentiation
Mixed differentiation

Thus, when a firm uses branding to identify its products and distinguish them from its competitors, it uses product differentiation elements.

To learn more about product differentiation, refer to the link below:

https://brainly.com/question/13077606

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