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Besides focusing on higher technology segments, select which group of characteristics would be most commonly used by a niche differentiation strategy.

Besides focusing on higher technology segments, select which group of characteristics would be most commonly used by a niche differentiation strategy. Select One A.Heavily increase automation ratings, minimize marketing expenses early, & offer multiple product lines in each target segment B.Heavily increase automation ratings, invest heavily into marketing, & offer one product line in each target segment C.Slightly increase automation ratings, invest heavily in marketing, & offer multiple product lines in each target segment D.Slightly increase automation ratings, minimize marketing expenses early, & offer one product line in each target segment



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honeyd


19-04-23 | 07:35:54

C.

Slightly increase automation ratings, invest heavily in marketing, & offer multiple product lines in each target segment

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JOSIAH101


13-05-23 | 16:54:04


The group of characteristics that would be most commonly used by a niche differentiation strategy is C) Slightly increase automation ratings, invest heavily in marketing, and offer multiple product lines in each target segment.

Niche differentiation strategy involves targeting a specific segment of the market with unique and specialized products or services that cater to their specific needs and preferences. Therefore, it's important to have a good understanding of the target market and invest in marketing efforts to reach them effectively.

Slightly increasing automation ratings can help improve the efficiency of production processes and reduce costs, while still allowing for customization and flexibility in product offerings. Offering multiple product lines within the target segment can cater to a wider range of customer preferences and needs.

Investing heavily in marketing is also crucial to effectively differentiate the niche products or services and create a strong brand image and customer loyalty. It helps to communicate the unique value proposition and benefits of the product or service to the target market and build a strong relationship with them.


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