GK
BUSINESS MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
It increases the company’s market share.
|
|
|
It attracts employees to the company.
|
|
|
It allows the company to pay higher salaries.
|
|
|
It allows the company to stand out from the competition.
|
Detailed explanation-1: -Which of the following is a benefit of brand promise: It allows the company to stand out from the competition. loyalty.
Detailed explanation-2: -Which choice below is an example of brand as a promise? FedEx’s promise to deliver packages overnight, safely, and with a professional driver delivering it to your door.
Detailed explanation-3: -Which of the following is a major benefit of branding to marketers? Branding can aid in developing loyalty to the Firm’s products. Branding makes it easier to introduce new products. Branding helps create barrier against successful imitation by competitors.
Detailed explanation-4: -A value proposition stands as a promise by a company to a customer or market segment. The proposition is an easy-to-understand reason why a customer should buy a product or service from that particular business.
Detailed explanation-5: -Makes your company stand out. A brand promise advertises your unique offering and the meaningful outcomes of doing business with you. Sets expectations. It’s not a unique selling proposition, a tagline or a list of features and benefits. Forging emotional connections. 07-May-2018