Strange Differentiation allows inferior Products to successfully sell into Niche Markets. A Product may be objectively inferior but offer a unique variation that is valued by a small number of Customers. Niche strategies work even when the Product's Price is high relative to the Customers Willingness To Pay (WTP). Uses the KNIME Extension: Market Simulation by Scientific Strategy - Community Edition A comprehensive description of this workflow with step-by-step instructions can be found at the Scientific Strategy website: https://scientificstrategy.com/bb-151/
This is a companion discussion topic for the original entry at https://kni.me/w/R5_2SoJ-2etmfh6H