ENTREPRENEURIAL MARKETING
MARKETING MIX
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is the purpose of USP? (Unique selling point)
|
|
Being the first in the market to develop a new product and outcome competition.
|
|
|
Plan better the future of the business.
|
|
|
Having higher chances of survival.
|
|
|
Making it easier to deliver their product to its customers.
|
Explanation:
Detailed explanation-1: -At its core, a USP should quickly answer a potential customer’s most immediate question when they encounter your brand: “What makes you different from the competition?” Your USP plays to your strengths and should be based on what makes your brand or product uniquely valuable to your customers.
Detailed explanation-2: -A unique selling proposition, or USP, sets your product and brand apart from the competition. A USP fosters repeat business and should drive your marketing message.
Detailed explanation-3: -A unique selling point (USP), also called a unique selling proposition, is a marketing statement that differentiates a product or brand from its competitors.
There is 1 question to complete.