Asked by
Mohammad Easir
on Oct 30, 2024Verified
Which of the following is considered the "gold standard" for CVPs?
A) all-benefits approach
B) points-of-difference approach
C) resonating-focus approach
D) low-cost advantage approach
Resonating-Focus Approach
A strategy that emphasizes deeply understanding customer needs and creating solutions that resonate strongly with those needs.
Gold Standard
A monetary system where a country's currency or paper money has a value directly linked to gold, ensuring stability and trust in the currency's value.
CVPs
Critical Value Points, significant markers or thresholds in a business or project that are vital for success.
- Gain insight into the components and significance of a persuasive Customer Value Proposition (CVP).
Verified Answer
NC
Learning Objectives
- Gain insight into the components and significance of a persuasive Customer Value Proposition (CVP).