Discuss the importance of determining value proposition


Questions:

1. Discuss the importance of determining value proposition to the consumer.

1.1 Relate the importance of the value proposition to competitive advantage with respect to the promotional strategies of a company.

4. Explain how the marketing mix is used to reach the target market.

4.1 Analyze whether a company maintains a competitive advantage in reaching its target market with respect to its promotional strategies.

10. Compare and contrast various factors that influence promotional strategies.

10.1 Explain how a company uses mass communication (advertising and publicity), personal selling, and sales promotions as elements within its promotional strategies.

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Marketing Management: Discuss the importance of determining value proposition
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