Lecture 16: Countering Commoditization: An Innovative Perspective

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John
English
College Students
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Summary
The lecture focuses on countering commoditization through innovative marketing strategies. It emphasizes the importance of product elements, such as packaging and design, in enhancing customer value. Examples like Coca-Cola and BYD illustrate how companies can adapt their offerings and integrate systems to meet evolving consumer needs, ultimately driving differentiation in competitive markets.
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