The practice of major mobile device companies of releasing new versions of their devices is an example of product differentiation. This strategy involves creating variations of a product to make it stand out from competitors and appeal to different segments of the market.
The practice of major mobile device companies of releasing new versions of their devices is an example of what kind of market penetration strategy?
(1 point)
Responses
product differentiation
product differentiation
market expansion
market expansion
product improvements
product improvements
distribution channels
1 answer