A company cannot effectively differentiate its branded footware from the brands of rivals by

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19-03-2018
Business

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A company cannot effectively differentiate its branded footware from the brands of rivals by

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MrsTriplet MrsTriplet · Answer 1 · 2018-03-29T18:42:33+02:00

A company cannot effectively differentiate its branded footwear from the brands of rivals by getting a lower rate of rejection on their pairs of footwear in comparison to it's rivals.

When you have competition in the market, you want to make sure you are able to differentiate or show what is different/better about your product over your competition. If you aren't different, how will you product stand out? It won't. In a market, especially a market for shoes, it is a must to stand out because the competition is heavy!

fatimakincsem fatimakincsem · Answer 2 · 2019-04-23T15:25:24+02:00

Answer:

Price only.

Explanation:

A company cannot effectively differentiate its branded footwear from the brands of rivals by Price only.

When there are companies in the market who sell the same products, they cannot just take the edge by lowering the price of their brand. There are many other things that need to be considered while competing in the market like Quality of the product, Design of the product, Colors of the product, etc. So while competing in the market of same products, a company should not only focus on price, but on the other factors as well.