Usually means: Distinct characteristics distinguishing products competitively.
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We found 12 dictionaries that define the word product differentiation:

General (5 matching dictionaries)
  1. product differentiation: Oxford Learner's Dictionaries
  2. product differentiation: Collins English Dictionary
  3. product differentiation: Wiktionary
  4. Product differentiation: Wikipedia, the Free Encyclopedia
  5. product differentiation: Dictionary/thesaurus

Business (7 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. product differentiation: Glossary of research economics
  3. Product differentiation: Moneyterms
  4. Product Differentiation: Investopedia
  5. Product Differentiation: Financial dictionary
  6. Accounting, Business Studies and Economics Dictionary (No longer online)
  7. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (product differentiation)

noun:  (economics, marketing) Perceived differences between the product of one firm and that of its rivals so that some customers value it more.
noun:  (economics, marketing) The process of creating such differences.

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