Question: A value proposition is a promise of value to be delivered. Its the primary reason a prospect should buy from you. In a nutshell, a

A value proposition is a promise of value to be delivered. Its the primary reason a prospect should buy from you.

In a nutshell, a value proposition is a clear statement that

  • explains how your product solves customers problems or improves their situation (relevancy),
  • delivers specific benefits (quantified value),
  • tells the ideal customer why they should buy from you and not from the competition (unique differentiation)
  • Instructions

  • Give at least three examples of a potential value proposition for your product/service. If you don't have a product or service idea yet, you can use any existing product/service or make something up.
  • Describe how you determined these value propositions.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!