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Entrepreneurship Lessons for Success (Collection)
book

Entrepreneurship Lessons for Success (Collection)

by Edward D. Hess Bruce Barringer Charles F. Goetz, R. Duane Ireland, Wes Moss
February 2012
Beginner
672 pages
17h 47m
English
Pearson
Content preview from Entrepreneurship Lessons for Success (Collection)

Truth 41. Selling benefits rather than features

In their attempts to gain visibility, many new businesses make the mistake of promoting the features rather than the benefits of their products or services.

A promotional strategy that focuses on the features of a product, such as its technical merits, is almost always less effective than a strategy that focuses on what a product can do for the person buying it. For example, one of the most successful advertising campaigns ever launched by McDonald’s featured the jingle, “You deserve a break today—at McDonald’s.” McDonald’s could have stressed the cleanliness of its stores or the uniformity of its French fries, which are features. Instead, it struck a chord with people by focusing on one ...

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Publisher Resources

ISBN: 9780133038965