Briefly describe how to construct a value proposition and state the importance of the value proposition. What is the difference between a benefit and a feature of your product?
What will be an ideal response?
Create a value proposition for your business by replacing the text in parentheses as it reflects to your product, market, and strategy.
For (target customer)
Who (statement of the need or opportunity)
The (business name) is a (product or service category)
That (statement of key benefit- that is, compelling reason to buy/purchase)
Unlike (primary competitive alternative)
Our business (statement of primary differentiation)
Is available (where)
The goal of this value proposition is to create and occupy a space inside the target customer's head. The relation of product or company capabilities to customer pains and gains if the value proposition you offer your customer. A feature of your product is a specific aspect that is unique but a benefit is different. Customers buy a product or service because of the benefits they get from using your offering to get their job done.
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You have just received a check. Your account number is # 5391-2165. Write the endorsement and identify what type it is, allowing you to deposit the check in your checking account.
What will be an ideal response?
When writing a formal report, two headings should be placed consecutively without any intervening text.
Answer the following statement true (T) or false (F)
The only classifications used for descriptive studies are in the following three categories: 1 ) sales, 2 ) consumer perception, and 3 ) behavior studies
Indicate whether the statement is true or false
?Using accelerated depreciation for tax purposes and straight-line method for book purposes results in a deferred tax asset.
Answer the following statement true (T) or false (F)