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Question : A product's unique selling proposition (USP) refers to:

 

Option 1: The lowest price in the market

Option 2: The product's distinct features or benefits

Option 3: The product's promotional activities

Option 4: The product's packaging design


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: The product's distinct features or benefits


Solution : The correct answer is (b) The product's distinct features or benefits.

A product's unique selling proposition (USP) refers to the distinct features, benefits, or characteristics that set it apart from competitors in the market. It is the unique value proposition that a product offers to customers, emphasizing its unique qualities or benefits that are differentiating and compelling to the target market. The USP helps communicate why customers should choose a particular product over competing alternatives. It highlights the product's unique attributes that address customer needs, solve problems, or provide a competitive advantage.

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