1. Vermont Teddy Bear Company
... 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. Also, differentiation creates a product that is unique in its industry, which would lend itself to being sold in the profitable collectibles market. JUSTIFICATION A review of ... VTB's products look a lot like other teddy bears on the market, however a move towards production of "All-American" bears would incre...
- Word Count: 1079
- Approx Pages: 4
- Grade Level: Undergraduate