Asked by Amber Glenn on May 01, 2024

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Gamea Tech. wishes to develop products that are unique so that it can persuade customers to pay more for it. In this scenario, Gamea Tech is following a _____.

A) differentiation strategy
B) high-cost strategy
C) greenfield strategy
D) price-skimming strategy

Differentiation Strategy

A business approach where a company develops unique products or services to stand out from competitors in the marketplace.

Unique Products

Goods or services that offer distinct features or benefits not commonly found in similar offerings from competitors.

Persuade Customers

The process of convincing potential buyers to purchase a product or service through various techniques, including advertising, personal selling, and promotions.

  • Comprehend the principle of differentiation strategy and its significance in securing a competitive edge.
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Monae DenishMay 07, 2024
Final Answer :
A
Explanation :
A differentiation strategy involves creating products or services that are unique and valued by customers, allowing a company to charge premium prices. Gamea Tech's goal to develop unique products to persuade customers to pay more aligns with this strategy.