What Is Stated Value?
Value statement refers to the realization of differentiation and positioning in market competition. The company passed on to customers the reason why I want to buy your brand instead of competing.
Value statement
Right!
- Value statement refers to the realization of differentiation and positioning in market competition. The company passed on to customers the reason why I want to buy your brand instead of competing.
- For example, the promise of Tide detergent: "Use Tide, no stains!" Porsche's promise: "Like a runaway Mustang." A strong value statement will give the company a great competitive advantage in the target market, so The company must design a value statement that will give customers a sense of what they say.