A way of competing between companies on factors other than just price. These other products or services differentiating criteria could be convenience or quality. They can even include factors non-product related, such as retail location or certain special services that are offered.
Related information about non-price competition:
- Non-price competition - Wikipedia, the free encyclopedia
TIERRA !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 ...
- What is non-price competition? definition and meaning
Definition of non-price competition: Market situation in which competitors would not lower prices for fear of a price war. Instead they focus on extensive ...
- What is non-price competition
Non-price competition refers to competition among firms that choose to distinguish their product via non-price means. EX: style, delivery, location, atmosphere, ...
- Advantages & Disadvantages of Non-price Competition | Chron.com
In a competitive market, various firms vie for the business of the same potential buyers. They often do so by cutting costs whenever they can, which allows them ...
- Price and Non-Price Competition - JStor
price than to non-price competition without giving any clear explanation of the asymmetry of the two kinds of competition. Let us take advertising as the prototype ...
- Definition of non-price competition
non-price competition definition and meaning by Oxford University Press.
- Non-price competition - The Free Dictionary
Noun, 1. price competition - intense competition in which competitors cut retail prices to gain business. price war · competition - a business relation in which two ...
- resourcesforhistoryteachers - E.3.7 Explain the ways that firms ...
Generally, these efforts at non-price competition cost the firm money, but if ... Non -price competition may also promote innovation as firms try to distinguish their ...