Question: Group Activity - The Business Value Proposition Statement This is a great exercise for helping students develop their entrepreneurial spirit. This activity will give students

Group Activity - The Business Value Proposition Statement

This is a great exercise for helping students develop their entrepreneurial spirit.

This activity will give students practice articulating a value proposition, which is a simple statement summarizing why a customer would choose your business or product.

To get started, we defined value proposition and give examples.

Step 1: Come up with a business idea (any idea you want, if you do not already have one in mind)

Step 2: Express your value proposition in a concise way. It may sound easy but keeping it brief can be challenging.

Sample Value Proposition Statements:

Uber The Smartest Way to Get Around. ...
Apple iPhone The Experience IS the Product. ...
Unbounce A/B Testing Without Tech Headaches. ...
Slack Be More Productive at Work with Less Effort. ...
Digit Save Money Without Thinking About It.

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