Knowledge (XXG)

Unique selling proposition

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228:'s "Save money, live better" (Waiz, 2013). Wal-Mart is concerned with being the cheapest department store and with reminding customers that it's not how much one spends on a product that matters. This USP rests on strong, direct and concise messaging that gives consumers a clear picture of exactly what value they will receive for choosing a given brand or product. Something so simple that can attract customers like that and show the unique selling proposition of the business is what people look for. 183:
must undertake extensive research of the category as well as of consumers. It is important to be able to locate a space in the market, ensure that the feature is something that is unique, and also something that is valued by potential customers. Sellers also need to try selling a brand to themselves;
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A unique selling proposition (USP) refers to the unique benefit exhibited by a company, service, product or brand that enables it to stand out from competitors. The unique selling proposition must be a feature that highlights product benefits that are meaningful to consumers. USP focuses on explicit
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was found, after 10 years of research, to be an ingredient that was actually effective in eliminating dandruff where other products were not effective. Adding the name "Shoulders" to the product name also indicated that the product eliminated the tell-tale white marks on clothing caused by dandruff
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campaign to differentiate its product as "beautiful" compared with any other desktop computer. Buyers of this product were willing to pay a premium price, compared with technically similar desktop computers. Apple differentiates itself with a focus on aesthetics and cutting-edge technologies.
305:: "Get Met. It Pays." 1984 Met's newer "Whole Life Policy" was a sales success for the company. The policy offered one-third more coverage, for the same price, and grew in cash value for a bigger "pay out" over time. In advertisements, Met compared buying the policy to buying a home. 295:: "When it absolutely, positively has to be there overnight." 1978–1983. FedEx was the first company to specialize in overnight air freight and first to implement package tracking. This pioneering advantage was made possible by a new system outlined in the founder's 1965 171:
category. A clear USP helps consumers to understand differences - even non-existent differences - between brand offerings in a category, and may also help consumers to form a positive attitude towards a brand and may ultimately contribute to increased levels of
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this is so they know they are passionate about a product and confident it can succeed. The seller needs a key point to use when trying to sell their product or service, and coming up with it prior to selling will benefit. Having a
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if it offers something no one else has. Whether differences are subtle or blatant, they can be the driving force that ensures the end-consumer makes the desired decision in choosing one product over the competition.
289:: "You get fresh, hot pizza delivered to your door in 30 minutes or less—or it's free." 1973-1993 "You Got 30 Minutes" 2007- Domino's uses what it calls the "make line" and other systems to make pizzas quickly. 272:: "Melts in your mouth, not in your hand." 1954 M&Ms use a patented hard sugar coating that keeps chocolate from melting in one's hands, thus a chocolate soldiers could carry, compared to other brands. 208:, thus lowering price potential. Thus having a unique selling point is essential to have a successful business that can handle current competition, as well as possible future comers in similar markets. 251:
is enhanced with a differentiating benefit of the product or service. Typically, the uniqueness is delivered by a unique process, ingredient, or system that produces the benefit described.
109:, suggested that, "Differentiation is one of the most important strategic and tactical activities in which companies must constantly engage." The term has been extended to cover one's " 137:
The proposition must be one the competition cannot or does not offer. It must be unique—either in the brand or a claim, the rest of that particular advertising area does not make.
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Successful business ownership is not about having a unique product or service; it's about making your product stand out--even in a market filled with similar items.
839:"Metropolitan Life Insurance Company - Company Profile, Information, Business Description, History, Background Information on Metropolitan Life Insurance Company" 787: 879: 239:
A good USP should target a specific audience. Furthermore, a USP should not only be unique, but also keep its promises in order to prove trustworthy.
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method of differentiating the product from the competition. Products or services without differentiation risk the consumer seeing them as
331: 889: 943: 393: 258:"Fast, incredibly fast relief." In 1952, Rosser Reeves created a TV commercial that capitalized on Anacin's "special ingredient", 965: 605:
Vol. 12, Elizabeth C. Hirschman and Moris B. Holbrook (eds), Provo, UT: Association for Consumer Research, pp 492-497, Online:
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Reilly, M. and Parkinson, T.L., "Individual and Product Correlates of Evoked Set Size For Consumer Package Goods", in
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The proposition must be strong enough to move the masses, i.e., attract new customers as well as potential customers.
647: 212: 341: 164: 106: 578: 469: 321: 262:, by suggesting limitations of other aspirin and repeating, three times, the differentiation proposition: 90: 215:
market provides one example with many manufacturers and the potential for new manufacturers at any time.
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Advances in Advertising Research (Vol. VI): The Digital, the Classic, the Subtle, and the Alternative
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Wang, Liyong; Praet, Carolus L. C. (2016), Verlegh, Peeter; Voorveld, Hilde; Eisend, Martin (eds.),
980: 356: 275: 185: 814: 308: 168: 156: 130:, or show-window advertising. Each advertisement must say to each reader: "Buy this product, for 71: 59: 939: 885: 713: 511: 444: 423: 389: 383: 302: 286: 122:
claims of uniqueness involving an objectively verifiable product attribute or benefit-in-use.
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The following are examples of Unique Selling Propositions. What is commonly considered a
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Based on Laskey, H. A., Day, E. and Crask, M.R., "Typology of Main Message Strategies,"
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are very important for different companies to establish their identity and increase
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Simply better : doing what matters most to change the odds for student success
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Each advertisement must make a proposition to the consumer—not just words, product
502:, European Advertising Academy, Wiesbaden: Springer Fachmedien, pp. 201–213, 862: 765: 507: 417: 269: 205: 160: 75: 648:
http://www.advergize.com/advertising/40-best-advertising-slogans-modern-brands/
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Laskey, H. A., Day, E. and Crask, M.R., "Typology of Main Message Strategies,"
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to stand out is a major benefit in markets; customers will be drawn to a
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Marketing Communications Management: Analysis, Planning, Implementation,
788:"Domino's Pizza Builds on Heritage with Launch of 'You Got 30 Minutes'" 470:
http://www.entrepreneur.com/encyclopedia/unique-selling-proposition-usp
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In markets which contain many similar products, using a USP is one
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In order to determine an appropriate USP for any given brand,
906:"Effective Internal Marketing Strategies for All Businesses" 163:. The USP approach can be effective where high levels of 27:
Individual claim that differentiates a product or service
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The USP concept is one of the eight broad approaches to
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Thousand Oaks, California, McGraw-Hill, 2010 pp 288-289
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used the slogan "Beauty outside, Beast inside" for its
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Made to Stick: Why Some Ideas Survive and Others Die
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http://acrwebsite.org/volumes/6440/volumes/v12/NA-12
931: 758:"History | Head and Shoulders News l P&G.com" 468:. Retrieved March 29th, 2016, from Entrepreneur: 867:. Kiplinger Washington Editors, Inc. 1981-10-01. 422:(New, expanded ed.). New York: Free Press. 278:: "Clinically proven to reduce dandruff." 1961 646:. Retrieved March 29th, 2016, from Advergize: 644:40+ Best Advertising Slogans of Modern Brands 8: 709:Television Critical Methods and Applications 89:of the early 1940s. The term was coined by 680:Douglas, Laura Clampitt (December 2000). 534: 532: 374: 976:Promotion and marketing communications 930:Heath, Chip; Heath, Dan (2007-01-02). 388:. London: Profile Books. p. 197. 884:. Alexandria, Va.: ASCD. p. 11. 809: 807: 7: 460: 458: 385:Guide to Management Ideas and Gurus 332:Integrated marketing communications 579:"Unique Selling Proposition (USP)" 25: 938:. Random House Publishing Group. 682:"Marketing Features Vs. Benefits" 445:"Reinventing Your Personal Brand" 466:Unique Selling Proposition (USP) 311:: "We are THE low-fare airline." 551:Masterson, R, and Pickton, D,. 542:vol. 18, no. 1, 1989, pp 36–41. 484:vol. 18, no. 1, 1989, pp 36–41. 603:Advances in Consumer Research, 151:Devising the creative strategy 1: 642:Waiz, S. (2013, March 22nd). 283:flakes falling from the hair. 864:Kiplinger's Personal Finance 843:www.referenceforbusiness.com 508:10.1007/978-3-658-10558-7_16 624:MBA Skool-Study.Learn.Share 443:Clark, Dorie (March 2011). 997: 553:Marketing: An Introduction 148: 85:It was used in successful 78:(in addition to its other 36:unique selling proposition 18:Unique Selling Proposition 762:news.headandshoulders.com 660:"USP: more than a slogan" 464:Entrepreneur. (No Date). 419:The marketing imagination 416:Levitt, Theodore (1986). 213:desktop personal-computer 815:"Timeline - About FedEx" 342:Marketing communications 165:technological innovation 48:unique value proposition 878:Goodwin, Bryan (2011). 540:Journal of Advertising, 482:Journal of Advertising, 449:Harvard Business Review 107:Harvard Business School 99:Ted Bates & Company 966:Advertising techniques 322:Advertising management 91:television advertising 581:. Entrepreneur Europe 363:Competitive advantage 347:Promotion (marketing) 132:this specific benefit 87:advertising campaigns 56:business model canvas 971:Marketing techniques 382:Hindle, Tim (2008). 327:Advertising campaign 276:Head & Shoulders 230:Marketing strategies 66:about how one's own 44:unique selling point 357:Point of difference 186:point of difference 157:creative executions 74:is superior to its 42:), also called the 792:www.prnewswire.com 309:Southwest Airlines 60:marketing strategy 786:Pizza, Domino's. 517:978-3-658-10558-7 303:Metropolitan Life 105:, a professor at 16:(Redirected from 988: 950: 949: 937: 927: 921: 920: 918: 917: 902: 896: 895: 875: 869: 868: 859: 853: 852: 850: 849: 835: 829: 828: 826: 825: 811: 802: 801: 799: 798: 783: 777: 776: 774: 773: 764:. 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Retrieved 384: 377: 263: 246: 238: 234:market share 210: 195: 178: 174:brand recall 154: 131: 120: 84: 51: 47: 43: 39: 35: 29: 819:About FedEx 564:Copley, P. 202:commodities 161:advertising 76:competitors 981:Uniqueness 960:Categories 916:2016-05-11 848:2016-05-11 824:2016-05-11 797:2016-05-11 772:2021-05-23 743:2016-05-11 719:1410614743 666:2021-05-23 629:2016-05-19 585:2020-03-29 568:Sage, 2015 523:2020-11-13 429:0029191807 401:28 January 369:References 337:Killer app 149:See also: 145:Importance 117:Definition 270:M&M's 181:marketers 64:customers 58:, is the 54:) in the 46:, or the 32:marketing 691:23 March 316:See also 260:caffeine 243:Examples 226:Wal-Mart 206:fungible 198:campaign 190:business 93:pioneer 221:Mac Pro 169:product 128:puffery 72:product 942:  888:  716:  618:Zigu. 514:  426:  392:  299:paper. 256:Anacin 249:slogan 80:values 34:, the 359:: POD 293:FedEx 217:Apple 68:brand 940:ISBN 886:ISBN 714:ISBN 693:2017 512:ISBN 424:ISBN 403:2023 390:ISBN 297:Yale 264:fast 211:The 204:and 82:). 504:doi 159:in 113:". 97:of 70:or 52:UVP 40:USP 30:In 962:: 908:. 841:. 817:. 806:^ 790:. 760:. 736:. 684:. 622:. 588:. 531:^ 510:, 498:, 457:^ 447:. 236:. 176:. 134:." 101:. 948:. 919:. 894:. 851:. 827:. 800:. 775:. 746:. 722:. 695:. 669:. 632:. 506:: 451:. 432:. 405:. 266:. 50:( 38:( 20:)

Index

Unique Selling Proposition
marketing
business model canvas
marketing strategy
customers
brand
product
competitors
values
advertising campaigns
television advertising
Rosser Reeves
Ted Bates & Company
Theodore Levitt
Harvard Business School
personal brand
puffery
Devising the creative strategy
creative executions
advertising
technological innovation
product
brand recall
marketers
point of difference
business
campaign
commodities
fungible
desktop personal-computer

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