In the face of a recession, businesses must find ways to differentiate themselves to remain competitive. Implementing a differentiation strategy can help companies stand out and survive tough economic times.
This article will explore how a differentiation strategy can help businesses thrive during a recession.
What is a Differentiation Strategy?
A differentiation strategy is an approach businesses develop to set their product or service apart from competitors. It involves creating unique qualities that customers perceive as valuable and differentiating from what others offer.
