BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Unique Selling Plan
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Unique Selling Proposition
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Unique Pricing Policy
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Finding Value-added
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Detailed explanation-1: -You need a unique selling proposition (USP). A USP is “the factor or consideration presented by a seller as the reason that one product or service is different from and better than that of the competition, ” according to Entrepreneur.
Detailed explanation-2: -What Is Product Differentiation? Product differentiation is what makes your product or service different and more appealing to customers than other options in your category. Product differentiation is what gives you a competitive advantage in your market.
Detailed explanation-3: -A unique selling point (USP), also called a unique selling proposition, is the essence of what makes your product or service better than competitors. In online marketing, communicating your USP clearly and quickly is one of the keys to getting potential customers to convert on your site.
Detailed explanation-4: -Unique Service means a service sought by a Prospective User which is not a Common Service.
Detailed explanation-5: -The Value Proposition is what you are offering to customers for what they are paying. The Unique Selling Proposition, on the other hand, is why customers should buy from you instead of someone else. It’s more about creating that emotional connection with your customers.