The document discusses the Unique Selling Proposition (USP), which is a marketing concept that differentiates a company or product from competitors by making a unique proposition to customers. An effective USP is short, focuses outwardly on customers, targets a specific group, is easily understood, offers obvious benefits, and avoids jargon. Examples are provided such as Domino's promise of delivering pizza within 30 minutes or it's free. Elements and characteristics of strong value propositions that deliver tangible results to customers are also outlined.
2. Unique Selling Proposition or Unique Selling Point
is a marketing concept first proposed as a theory to explain a pattern
in succesful adveritising campaign of the early 1940's.
is a marketing concept where you differentiate your company or
products from similar prodcts or you competitors.
The USP states that such campaigns made unique propositions to
customers that convinced them to switch brands.
tend to be short statements of differentiation or positioning
6. M & M's
The milk Chocolate melts in
your mouth, not in your hand.
7. Elements of USP
Outward focus
Targets a specific group or niche
Easily understood and reatained
Offers an obvious benefits
Avoids jargons (slang)
Integrates easily with your marketing materials
8. Customer Value Proposition
consists of the sum total of benefits which vendor promises that a
customer's asssociated payment (or other value- transfer)
what the customer gets for what the customer pays.
9. Weak Value Proposition
its the most technologically advanced and robust system on the
market
We improve communication morale
We offer training classes in a wide variety of areas
My product was rated the best- in - class by leading authorities.