COMPUTER FUNDAMENTALS

COMPUTER APPLICATIONS

E COMMERCE AND E BUSINESS APPLICATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The unique value the product provides over its competitors and why a customer should pick one product over another, is called:
A
Revenue
B
Customer service
C
Value proposition
D
Business model
Explanation: 

Detailed explanation-1: -Unique Value Proposition (UVP) refers to a statement that describes the unique benefit or advantage that a product or service offers to its customers or target audience. It is a concise and clear statement that communicates what makes a particular product or service different and superior to its competitors.

Detailed explanation-2: -Value Proposition-The unique value the business provides to its customers and how it differentiates itself from competitors.

Detailed explanation-3: -A unique value proposition (UVP), also known as a unique selling proposition (USP), is a statement that clearly expresses your product or service’s distinct selling points to potential customers. A UVP statement conveys more information than a tagline or slogan.

Detailed explanation-4: -Your unique value proposition (UVP) is the promised value customers can expect from your business. It explains what separates your business from your competitors, how your solution solves your customers’ problems, the specific benefits, and why your target customers should choose you.

There is 1 question to complete.