Venn Diagrams can be very helpful in understanding the unique and common features of products. They allow for a visual comparison between different products, highlighting the features that are exclusive to each product and the features that are common to both. This can be particularly useful when deciding between two products to purchase, as it provides a clear overview of the similarities and differences between the options. It can also be used to compare a company's products with those of a competitor, helping to identify areas of differentiation.
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This could be used to compare products, either comparisons between your company's products… or between your company's products and those of a competitor. This can help you see how effective you are at differentiating your product or service. You might also use it to help decide between two products, such as a car, to purchase. The Venn Diagram can show which features are exclusive to each car and which features both cars have. In this example, the text that is normally within the diagram is listed outside it, so that it's easier to read and doesn't become too cluttered. (Slide 5)