In this assignment, the effect of a unique selling proposition on a company’s success will be discussed and examined. In order to do that, after this introduction into the USP, a closer look will be taken into the concept of USP and some theoretical examples of what a USP could be.
The concept of the so-called unique selling proposition was invented in the early 1940s by the television advertising pioneer Rosser Reeves. He created successful advertising campaigns and slogans like for example for the M&M’s candies: "Melts in your mouth, not in your hand.’"
He believed that an advertisement or commercial should show off the value or unique selling proposition of a product and that it has to be honest in order to be sold successful & he was right. But why is it important to have a USP?
Inhalt
1 Introduction
1.1 Methodology
2.1 A deep-dive into the concept of unique selling proposition
2.2 What makes a company ‘successful’?
2.3 Link unique selling point and success – similarities, overlaps and differences
2.4 The coffee leader: Starbucks
2.5 The online-giant ‘Amazon’
3 Conclusion
References
- Quote paper
- Elisabeth Schulz (Author), 2020, The Effect of Unique Selling Propositions on a Company's Success. The Examples of "Starbucks" and "Amazon", Munich, GRIN Verlag, https://www.grin.com/document/1137312
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