Add USP in Your Brand –
The unique selling proposition (USP), or unique selling point, or “‘unique selling product”‘ or “‘ unique selling price”‘
USP is the marketing concept for the successful marketer.Every entrepreneur should know about USP of the their products.
USP means the “Differentiation is one of the most important strategic and tactical activities in which companies must constantly engage.”
USP is often a critical component of a promotional theme around which an advertising campaign is built.USP requires some hard soul-searching and creativity.such as the lowest cost, the highest quality or the first-ever product of its kind. USP is the object that differentiate from others by any special characteristic.Its the positioning statement that directly the customers through our brand.
A USP add strong competitive advantage over the rival firms in the market. USP can be regarded as self generated asset which helps to capture market share from its potential rivals moreover ,it distinguishes a firm apart from all others. for ex- standardized packaging, after sale service ,economies of scale etc
- Domino’s “30 minutes or it’s free” promise.
- SBI BANk-ATM EVERYWHERE
- MARUTI SUZUKI-low maintenance,Average
- TATA NANO-lowest price