Non-Price Competition

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Non-price competition
Non-price competition is a marketing strategy "in which one firm tries to distinguish its product or service from competing products on the basis of attributes like design and workmanship" (McConnell-Brue, 2002, p. 437-438). The firm can also distinguish its product offering through quality of service, extensive distribution, customer focus, or any other sustainable competitive advantage other than price. It can be contrasted with price competition, which is where a company tries to distinguish its product or service from competing products on the basis of low price. Non-price competition typically involves promotionial expenditures, (such as advertisingselling staff, sales promotions, coupons, special orders, or free gifts), marketing researchnew product development, and brand management costs.
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MONASH Marketing DictionaryDownload this dictionary
Non-Price Competition
competition in which an element other than price (eg: prestige, convenience, taste etc) is the major means of differentiating the product of one company from that of a rival. See CompetitorsPrice Competition.

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.

Raynet Business | Marketing DictionaryDownload this dictionary
Price; non-price competition
competing on added value, brands, sales promotions, gaurantees etc. rather than price.

Copyright © 2001, Ray Wright

Free English-Vietnamese DictionaryDownload this dictionary
Non-price competition

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