Skip to content

1 card

Definition.com

Product differentiation (n.) is ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠how oligopolies avoid price wars: spend fortunes on advertising so that near-identical goods seem to differ.