MANAGEMENT

BUISENESS MANAGEMENT

MERCHANDISING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are advantages that are available only from your good, service, or business in that your product has one unique or novel feature than can be translated into a benefit desirable to customers?
A
Exclusive Benefit
B
Hidden Benefit
C
Obvious Benefit
D
Unhappy Customer
Explanation: 

Detailed explanation-1: -Unique or exclusive benefits are advantages that are available only from your good, service, or business. If your product has one unique or novel feature that can be translated into a benefit desirable to customers, you have a definite selling advantage over your competitors.

Detailed explanation-2: -An effective value proposition tells the ideal customer why they should buy from you and not from the competition. In other words, it provides your company with a unique differentiation.

Detailed explanation-3: -Benefits are the reasons customers buy the product or service. For example, the benefits of some ovens to buyers include safety, ease of use, affordability, or-in the case of many ovens that feature stainless steel casings-prestige.

Detailed explanation-4: -Ultimately, the benefits of having a product or service are what make consumers purchase, which means it is often best to highlight benefits over features when writing marketing copy. This paints a picture of what life will look like after the customer purchases the product or service.

There is 1 question to complete.