1. Vermont Teddy Bear Company
... become more strategically focused. Business-Level Strategy. A move towards product differentiation is the key to the future success of VTB. VTB should differentiate its teddy bears by using only American raw materials; in turn, creating an "All-American" bear. The large target market of VTB creates the perfect scenario for product differentiation because differentiation is aimed at broad mass markets. ... "All-American" bears would increase differentiation and set VTB apart.. The seasonality of VTB's products would be reduced through increased exposure to the less seasonal collectibles ...
- Word Count: 1079
- Approx Pages: 4
- Grade Level: Undergraduate