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Marketing
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Jan 9, 2024
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What is a value proposition?
the actual language used in marketing advertisements to convince a prospective customer to take action
a four quadrant matrix that aligns your messaging to your customer segments
a short, distinct statement, that outlines exactly why a customer should buy your product Correct
a long business document that outlines your overall marketing strategy, typically by quarter
What is an important consideration when thinking about your value proposition?
Be sure you're constantly changing your value proposition, at least once a quarter, but monthly if possible.
Sell the specific features of your product/service, as this is more actionable than selling results.
Focus on creating a long document that answers all the frequently asked questions about your product/service.
Sell the results of your product/service, not just what features get you to the result. Correct
What is an important first step of developing a marketing strategy?
Have a clear value proposition. Correct
Have a responsive website.
Create a hub & spoke model.
Have well written copy.
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