177. THE CLUB - Are You A Commodity Or A Product?
Are You A Commodity Or A Product?
A commodity has no differentiation and it doesn't matter where it comes from. The price is set according to supply and demand.
A product can be differentiated through branding and marketing and there can be a wide range of prices.
A commodity has no differentiation and it doesn't matter where it comes from. The price is set according to supply and demand.
A product can be differentiated through branding and marketing and there can be a wide range of prices.