In a case study, a company used a unique selling proposition (USP) to differentiate its product. What does USP refer to?
Practice Questions
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In a case study, a company used a unique selling proposition (USP) to differentiate its product. What does USP refer to?
A unique pricing strategy
A unique feature that sets a product apart
A unique distribution channel
A unique customer service approach
A unique selling proposition (USP) refers to a unique feature that sets a product apart from competitors.
Questions & Step-by-step Solutions
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Q
Q: In a case study, a company used a unique selling proposition (USP) to differentiate its product. What does USP refer to?
Solution: A unique selling proposition (USP) refers to a unique feature that sets a product apart from competitors.
Steps: 5
Step 1: Understand what a product is. A product is something that a company sells to customers.
Step 2: Learn about competition. Many companies sell similar products, so they compete for customers.
Step 3: Know what a unique selling proposition (USP) is. A USP is a special feature or benefit of a product that makes it different from other similar products.
Step 4: Realize the importance of a USP. A good USP helps customers understand why they should choose one product over another.
Step 5: Example of a USP. If one company sells a phone with a longer battery life than others, that longer battery life is its USP.
