Discover Your Understanding of Unique Selling Propositions (USPs) in Marketing

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is a key characteristic of a good USP?

  • It should target a specific audience (correct)
  • It should be similar to competitors' USPs
  • It should be lengthy
  • It should be generic

What is a common mistake to avoid when creating a USP?

  • Making it too generic (correct)
  • Making it too short
  • Making it too unique
  • Making it too long

How can a USP prove trustworthy?

  • By being generic
  • By being similar to competitors' USPs
  • By keeping its promises (correct)
  • By being lengthy

What is a unique selling proposition (USP)?

<p>A marketing strategy to inform customers about how a brand or product is superior to its competitors (B)</p> Signup and view all the answers

Who coined the term 'unique selling proposition'?

<p>Rosser Reeves (A)</p> Signup and view all the answers

What is the focus of a USP?

<p>Highlighting product benefits that are meaningful to consumers (B)</p> Signup and view all the answers

What is the purpose of having a unique selling point (USP)?

<p>To increase brand recall (B)</p> Signup and view all the answers

What must marketers do to determine an appropriate USP for any given brand?

<p>Undertake extensive research of the category and consumers (A)</p> Signup and view all the answers

What is the risk for products or services without differentiation?

<p>Being seen as commodities and fungible, thus lowering price potential (D)</p> Signup and view all the answers

What is the USP of Wal-Mart?

<p>Save money, live better (B)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Use Quizgecko on...
Browser
Browser