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GrogVix [38]
3 years ago
14

A customer value proposition is a unique strength relative to competitors that provides superior returns, often based on quality

, time, cost, or innovation. the unique combination of benefits received by targeted buyers that includes quality, convenience, on-time delivery, and both before-sale and after-sale service at a specific price. the cluster of benefits that an organization promises customers to satisfy their needs. the characteristics of a product that make it superior to competitive substitutes. a statement that, before product development begins, identifies (1) a well-defined target market; (2) specific customers' needs, wants, and preferences; and (3) what the product will be and do to satisfy consumers.
Business
1 answer:
balu736 [363]3 years ago
4 0

<u>Product Protocol is a statement that, before product development begins, identifies (1) a well-defined target market; (2) specific customers' needs, wants, and preferences; and (3) what the product will be and do to satisfy consumers</u>

Explanation:

<u>Product protocol</u> is also termed as <u>Product definition ,Product requirement,Product deliverables.</u>

<u />

<u>A product protocol is required after the selection of the product and you are done with the Concept testing ,the preliminary  sales forecasting of the product is also completed.</u>

<u>The Product Protocol can be said to be a written document or statement  that is required by the various division of a company (like the R&D,Marketing,procurement,production departments)</u>

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