21. What is the function of Value Proposition?
A. use to power up sales
B. customers buying habits
C. convince customer to purchase a particular product or services.
D. provide value to your customers
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Explanation:
c. convince customer to purchase a particular product or services.
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The function of value proposition is
(C).convince customer to purchase a particular product or services.
Explanation:
- A value proposition is the promise made by a corporation to provide value to customers if they choose to acquire their goods.
- A company's overall marketing strategy includes a value proposition.
- The value proposition is a declaration of intent or a statement that tells consumers what a company stands for, how it runs, and why it merits their business.
- A value proposition is a business or marketing statement used by a firm to explain why a customer should buy a product or use a service.
- If phrased persuasively, this statement persuades a potential customer that one of the company's products or services will bring more value or better address a problem for them than other similar offerings.
- A value proposition stands as a promise by a company to a customer or market segment. The proposition is an easy-to-understand reason why a customer should buy a product or service from that particular business.
- A value proposition should clearly explain how a product fills a need, communicate the specifics of its added benefit, and state the reason why it's better than similar products on the market. The ideal value proposition is to-the-point and appeals to a customer's strongest decision-making drivers.
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