How can you sustainably differentiate your product in the market?
Differentiating your product in the market is not a one-time task, but a continuous process that requires constant research and innovation. To create and maintain a sustainable competitive advantage, you need to understand your customers, your competitors, and your own value proposition. In this article, we will explore some key steps and tools to help you achieve this goal.
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Identify your key market:Conduct surveys and focus groups to pinpoint your ideal customers. Segmenting this data helps tailor your product features to meet specific needs, ensuring you attract the right audience.### *Map influence dynamics:Use influence maps to understand decision-makers in the purchase process. This strategic insight allows you to target and persuade key stakeholders effectively, enhancing your product's appeal over competitors.