product competitiveness
Product competitiveness refers to the ability of a product or service to outperform and excel in comparison to others in the market, attracting customers and generating higher demand. It involves factors such as quality, features, price, branding, innovation, and customer satisfaction that contribute to the product's uniqueness and appeal, thus establishing its competitive advantage.
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Related Concepts (1)
Similar Concepts
- competitive advantage
- competitive advantage through productivity gains
- competitive analysis
- competitive rivalry
- competitiveness
- competitor analysis
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- economic competition
- economic competitiveness
- industry rivalry
- international trade competitiveness
- market competition
- political competitiveness
- product performance
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