Cameras with more dynamic range allow you to take photos with dramatic differences in highlight and shadow areas while retaining detail in both.
Think of a brilliant sunset on a rocky beach: Bright sunset in the background, with dark rocks in the foreground. High dynamic range means more of the extremes will be faithfully reproduced.
Dynamic range test data courtesy of DxO Mark.D3200 test data on DxO Mark EOS M3 test data on DxO Mark
Cameras with longer battery life can take more photos before exhausting their batteries.
Special note: The measurement standard for battery life stipulates that if a camera has an internal flash, it must be used for 50% of photos taken. For this reason, comparisons of one camera with an internal flash to another without will not be comparable
High resolution allows cropping; Good performance in low light; Compact and comfortable, highly portable; Fast and responsive, just begs to take pictures; Quiet shutter is great for candids.
Mediocre kit lens; Might be too small for some; No bracketing; Narrow flash coverage; Matrix metering tends to overexpose.
DSLR image quality & resolution in a mirrorless body; Higher-res 24MP APS-C sensor; Much improved AF performance; Better ergonomics with full PASM dial; Built-in Wi-Fi & NFC; Tilting LCD.
No built-in EVF; Limited native lens selection; Slow burst mode; Shallow buffer depth with RAW files; No 60p video frame rate or 4K video option.