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Why it is done?
Product Differentiation In Indian Market
Product Product differentiation is a business level strategy
differentiation in which firms attempt to create
and exploit differences between their products and
those offered by competitors.
These
differences may lead to competitive advantage if
customers perceive the difference and have
a preference for the difference.
Basis of product differentiation
Basis
Form Form : Many products can be differentiated in
Style
Basis of product differentiation
Basis
Form Conformance quality : is the degree to which all the
Features produced units are identical and meet the
Customization promised specifications.
Performance
Quality
Conformance
quality
Durability
Reliability
Reparability
Style
Basis of product differentiation
Basis
Form Durability : is a measure of the product`s expected
Features operating life under natural of stressful conditions,
Customization and a valued attribute for certain products .
Performance
Quality
Conformance
quality
Durability
Reliability Har nirmaan ki jaan
Reparability
Style
Basis of product differentiation
Basis
Form Reliability : is a measure of the probability that a
Features product will not malfunction or fail with in a
Customization specified time period.
Performance
Quality
Conformance
quality
Durability Its more than just oil.
Reliability Its Liquid Engineering
Reparability
Style
Basis of product differentiation
Basis
Form Reparability : is measure of the ease of fixing a
Features product when it malfunction or fails
Customization
Performance
Quality
Conformance
quality
Durability
Reliability
Reparability
Style
Basis of product differentiation
Basis
Form Style : describes the product`s look and feel to the
Features buyer .
Customization
Performance
Quality
Conformance
quality
Durability
Reliability
Reparability
Style
As India is one of the most populated and
conclusion developing country with most of the people living in
the middle class status, the needs of these
customers are:-
Durability
Features
Performance quality
Style
All the above with an affordable price range .
That is why these are the most common basis of
product differentiation in India.
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