Business & ManagementIB

Unique selling point

Unique selling point...Unique selling point any aspect of a business, product or brand that makes it stand out from those offered by competitors. The USP explains why customers buy...
Unique selling point
Unique selling point any aspect of a business, product or brand that makes it stand out from those offered by competitors. The USP explains why customers buy the product over rival ones, such as its distinctive features or appealing packaging.

Advantages

  • Can be a major source of competitive advantage and therefore businesses want to emphasise their USP to attract customers.

Disadvantages

  • Difficult to find a USP.
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