Module 2 DQ

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Saint Leo University *

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301

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Marketing

Date

Feb 20, 2024

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docx

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2

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Discussion Board 2 Spend a minute or two and think about your favorite brand; something that you have recently purchased and possibly purchase often. Now, go to the website for that brand or company and locate their mission statement and/or the value proposition. You may have to peruse their annual report but it is there. Once you have found the mission statement locate one promotional piece related to the brand. Now, discuss how the mission statement, value proposition, and promotional piece are strategically related. Support your rationale with materials (n.a., 2015) from the text and from the module. I chose to research Klein Tools. The mission statement states “To provide professional tradespeople with tools and solutions that enable the highest levels of performance and safety” (Klein Tools, n.d.). The value proposition is a brief statement of that describes that benefits a product or service offers. Klein Tools value proposition is that it provides great products that “stand up to the demands of the professionals that use them every day” (American manufacturing, n.d.). As for the promotion piece, Klein tools targets the professional tradesmen with their slogan “For Professionals….Since 1857.” The first product for Klein was pliers that was developed with telecommunication and electrical industries in mind. Klein tools has been in business for more than a century and expanded their tools to include professional industries of construction, electronics, and mining. The mission statement, value proposition, and the promotional piece are all strategically related because they all have the professional tradesmen in mind with the products that they offer, the service they provide, and the quality of their tools that are built to last. References American manufacturing . Klein Tools. (n.d.). https://www.kleintools.com/content/american- manufacturing Our mission: Klein tools . Klein Tools - For Professionals since 1857. (n.d.). https://www.kleintools.com/mission
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