LiteLytics
Back to Glossary

What is Value Proposition?

Marketing

Value Proposition

Abbreviation: VP

Also known as: VP (Value Proposition)

Marketing

What is Value Proposition (VP)?

A Value Proposition is a clear statement that explains how a product or service solves a customer’s problem or improves their situation. It highlights the specific benefits and what makes the offering unique compared to competitors. A strong value proposition is crucial for attracting attention and encouraging conversions, especially on landing pages and in advertising campaigns. It should be simple, relevant, and compelling.

What does VP stand for?

VP stands for Value Proposition. It is a marketing term commonly used in web analytics and digital marketing.