What differentiates my product from the competition?

[Adventurer]

Everything have to do with comprehension and keeping up upper hand—come from the playbook of Michael Porter, teacher at Harvard Business School and renowned corporate tactician.

Having a preferred position implies conveying more an incentive than your rivals do, as lower costs (Wal-Mart), better plan (Apple), moment satisfaction (Google), or some other substantial advantage. In the event that somebody reveals to you his organization has no opposition, that individual is 1) guileless, 2) dumb, or 3) crazy.

That is why,while your item may sell, what you think makes it uncommon may have little to do with what clients really desire. Misdiagnosing that confuse can prompt a wide range of terrible key choices.

Funny thing is sometimes it takes little effort to stand out from your competitors, last week I ordered a birthday cake for my daughter, when I went to pick it up they gave me a special wrapped up box and said to me ; this is a gift for your daughter the birthday girl, I was so surprised and happy, when I opened the box there were 4 cupcakes inside.
Now cupcakes will cost almost nothing to a cake shop but the gesture really touched me and endeared me to them, they've got a customer for life!

 

[Kiko]

Perhaps one of the most important choices you make at the strategic level is to decide on what basis your business or product will compete. Product strategy is underpinned by the increasingly rare skill of making clear choices. Competing on price is made easier if you have the scale and resources to take on and defeat competitors since you can, in some cases, absorb losses and drive your competitors out of business.

 

[Fabulous]

To make a decision about making a difference in your product, first you need to have a particular secret that will guide you in making that special difference, something like a different recipe or a need for a new brand, both in the production aspect or the packaging aspect.
Next may be the rate or price at which that particular product is been placed in the market.

 

[Segat]

What differentiate your business from competition is you. I meant you in the sense that whatever you call your business determine its acceptability and this will be the way everyone that comes in contact will see it.

 

[Sunnytee]

Product differentiation is something that is necessary in computing with collage in market and your branding determine the patronage you get and the taste and quality of the product and service you produce

 

[Joseph555]

This is a very nice question what will separate your product from competition is there quality durability and a Goodwill if you don't have quality in your product honestly speaking your product will always comes against top competitions in the market therefore if you want to stand out make sure your products stand out against others

 

[Tinaconcept]

In order to differentiate your product from competitors the main thing to do there is to package your goods and services. If competitor sells without sealing, you get a good package and sell yours by sealing them and delivering it to the buyer at his own pace.

 

[Abelcairo43]

In order to differentiate your business from your competitor's, you need to things. The first thing You need to do is to register your business under the government and then brand your business. This will differentiate your products from other business

 

[Ayoknl]

Every product is unique in its own way, branding also is an important tool one should watch out for as it clearly differentiates products from another. Originality is what most producers preach but having a true original product is a scarce thing to come by at some part of developing countries, therefore competing with original products gives your business an edge

 

[Abbeyola]

What

Everything have to do with comprehension and keeping up upper hand—come from the playbook of Michael Porter, teacher at Harvard Business School and renowned corporate tactician.

Having a preferred position implies conveying more an incentive than your rivals do, as lower costs (Wal-Mart), better plan (Apple), moment satisfaction (Google), or some other substantial advantage. In the event that somebody reveals to you his organization has no opposition, that individual is 1) guileless, 2) dumb, or 3) crazy.

That is why,while your item may sell, what you think makes it uncommon may have little to do with what clients really desire. Misdiagnosing that confuse can prompt a wide range of terrible key choices.

What differentiate your product from other organization products ,is the ability to stand out among the various business organization.
Be unique in any thing you are producing,let your product be special to clients and customer.
Also,if it is services you are rendering,do it at the best rate than others.

 

[Thosynho]

One major factor that would differentiate your products from your product is quality and not quantity, as long as your customers get value for their money they will keep coming back to you.

One of the things that differentiate your product from other competitive products is quality. Quality earns you upper edge over other competitors that are into quantity. Packaging in terms of branding too makes your product special and unique.

 

[mubinadaddy]

Your brands makes you stand out of the crowd and become standard. The uniqueness in your brand makes you get more attraction from your customers which might even lead to referrals that will bring back repeat sales.

 

[Kehinde]

Have unbeatable customer service. ...
Niche down. ...
Add a personal touch. ...
Use price as a distinguishing factor. ...
Give your customers options to customize your products. ...
Be socially responsible. ...
Use speed to your advantage.
Start with yourself. ...
Focus on the customer's solution. ...
Allow the customer to see solutions they didn't think were possible. ...

 

[abubakar3141]

There are basically two types of competitive advantage, cost lead or differentiation. ... Distinction strategies work when you create something unique that is important to the market and the cost of providing that uniqueness is sustainable.

 

[Veetos12]

Everything have to do with comprehension and keeping up upper hand—come from the playbook of Michael Porter, teacher at Harvard Business School and renowned corporate tactician.

Having a preferred position implies conveying more an incentive than your rivals do, as lower costs (Wal-Mart), better plan (Apple), moment satisfaction (Google), or some other substantial advantage. In the event that somebody reveals to you his organization has no opposition, that individual is 1) guileless, 2) dumb, or 3) crazy.

That is why,while your item may sell, what you think makes it uncommon may have little to do with what clients really desire. Misdiagnosing that confuse can prompt a wide range of terrible key choices.

Thank you so much for this post. Competition is a normal thing to experience in the market and as a matter of fact one should know that there is going to be pressure from other competitors offering the same product. The best way to stand out of other competitors is by branding and packaging your product in a nice way.

 

[Adetayo100]

What differentiate your own products from others is your own uniqueness, ability to stand out, ability to give quality and confirm products. You can also run some advertising niche on social media to give your products better patronage.

 

[Chibson]

There are many things that differentiate a product from competition. When Facebook faced competition with Instagram, they purchased Instagram. Whenever you see competition your title imitate or buy that competition to your advantage. This is exactly what Facebook is doing to other social media networks.

 

[Kunkun]

Use cost as a distinctive factor.

Utilizing cost to separate yourself doesn't generally mean contribution the most minimal cost. ... Your costs ought to be serious, however a rush to the base doesn't profit anybody. You may even think about more exorbitant costs in return for offering a more excellent item than the opposition.

 

[Husnainali]

You can differentiate your product by offering bonuses. If you want your product to stand out among your competitors, you can try to increase your offer. It doesn't have to eat up your profit margins, but it does add a little extra value to your basic product in your bonus product.

 

[Richard92]

Your uniqueness differentiate you from other competitive products. Uniqueness this makes your products special, when your product has what your compititors products do not have.