Describe the different types of Customer Value Propositions and how to identify your target customers.

What will be an ideal response?


Businesses tend to have different CVPs for each customer segment. This is to ensure they are meeting the needs of the customers within each segment. Examples of different customer segments targeted by different types of businesses include mass market, niche market, segmented market, diversified market, and multisided markets. Types of CVPs include all-benefits, points of difference, and resonating focus.

Business

You might also like to view...

Which is an antecedent condition?

A. leadership outcomes B. conceptualization C. follower receptivity D. putting followers first

Business

Which sentence illustrates appropriate use of the active voice?

A) The academic reports were prepared by the associate vice president. B) The office contest was suggested by Nick Anderson. C) The First Bank and National Bank announced that they will merge. D) The national budget reform will be announced later this week by the president. E) The application for the loan extension is being processed today.

Business

Which of the following is a business situation in which linear programming models can be used?

a. Determining a crop rotation policy in agriculture b. Determining an optimal subsidy management for farmers c. Optimizing water networks d. All of the above

Business

Leather & Suede Stores, Inc., rejects a shipment of goods that does not conform to its contract with Genuine Cowhide Corporation, but is unable to obtain instructions from the seller. Leather & Suede can

A. destroy the goods. B. cure the goods to make them conform to the contract. C. retain the goods without paying for them. D. reship or store the goods for the seller.

Business