Aside from low cost strategy, there are more other methods
that will help business in differentiating their products.
·
Exploring new markets – This where the market
concentrates on their fellow contenders.
·
Partnership with other firms – It is a way of
teaming up with other organizations which will be of benefit for the products
that is being sold by the company.
·
Innovation – It is a way of asking higher price
compared to other companies when new features of the product is being added as
consumers will most likely want to buy something new and fresh.
·
Propose amplified provision – Different services
are being applied for the sake of consumers so that more consumers will be
attracted to the product.
