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A low-cost provider strategy is said to be more increasingly appealing and competitively powerful only when it is difficult to achieve product differentiation in ways that have value to buyers.

What is Low-Cost Provider Strategy?

A low-cost provider is known to be a method used when one aim or try to seeks to sell its products at the lowest price possible.

It is often done while still making a profit so that it can appeal to customers and make them to come to the market. It is known to often appeal to a broad market.

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