BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ENTREPRENEURIAL DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The best definition for USP is:(C1)
A
Unique Selling Price
B
Unique Sellable Picture
C
Unbeatable Show Price
D
Unique Selling Proposition
Explanation: 

Detailed explanation-1: -A unique selling point (USP), also called a unique selling proposition, is a marketing statement that differentiates a product or brand from its competitors.

Detailed explanation-2: -A unique selling point (USP) defines in a short sentence or two that makes your business better than your competitors and why customers should buy from you-what they care about the most. A USP could be: Lowest price. Highest quality.

Detailed explanation-3: -Answer. Answer: (d) 5. USP is defined as. (a) Unique selling price.

Detailed explanation-4: -A unique selling proposition or USP is a statement of what makes your business unique and ultimately valuable to your prospective customer or target audience. Essentially, it answers the questions… How are you better than your competition? Or Why should the customer choose you over your competition?

There is 1 question to complete.