Value proposition summary assignment by https://padlet.com/calliequickel/idkhtgxrlosr Callie Quickel en-us 2019-04-09 12:44:33 UTC 2019-04-09 13:09:45 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Thunder.png What is a Value Proposition calliequickel https://padlet.com/calliequickel/idkhtgxrlosr/wish/349898401 A value proposition is why a customer chooses to by from you and not your competition. It is a promise to the consumer that you will provide value.]]> 2019-04-09 12:46:26 UTC https://padlet.com/calliequickel/idkhtgxrlosr/wish/349898401 What is the importance of a VP in a business model calliequickel https://padlet.com/calliequickel/idkhtgxrlosr/wish/349899449 It allows you to connect with the target consumers by pulling them in.]]> 2019-04-09 12:48:28 UTC https://padlet.com/calliequickel/idkhtgxrlosr/wish/349899449 How does an entrepreneur design a VP? calliequickel https://padlet.com/calliequickel/idkhtgxrlosr/wish/349902148 An entrepreneur designs a VP by identifying and targeting their potential buyers. They then identify a problem that, that customer segment has then finds a way to solve it. Then they justify that they are the best candidate to do the job, by providing value.]]> 2019-04-09 12:54:08 UTC https://padlet.com/calliequickel/idkhtgxrlosr/wish/349902148 Summarize understanding of All 11 value propositions calliequickel https://padlet.com/calliequickel/idkhtgxrlosr/wish/349903939 1) Newness- Satisfies new needs
2)Performance- improving performance 
3) Customization- tailoring products/ services to the consumers needs
4)Getting the job done- Helps the consumer do something
5) Design- nice appearance 
6) Brand/ Status- appearance of specific brands
7) Price- reasonable price
8) Cost reduction- reduce cost
9) Risk reduction- safe
10) accessibility- easy to get
11) convenience/ Usability- makes consumers life easier]]> 2019-04-09 12:57:43 UTC https://padlet.com/calliequickel/idkhtgxrlosr/wish/349903939