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Business & Marketing
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English (U.S.)
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Topic:

Casper’s Value Proposition

Essay Instructions:

Review the PDF on a brand called Casper and answer the questions in the mini-case.

Essay Sample Content Preview:

Casper’s Value Proposition
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Casper’s Value Proposition
An organization’s value proposition is one of the most critical aspects of its overall marketing massaging. According to Payne (2017), a value proposition refers to a strategic tool utilized by organizations to inform their customers of their value to them if they purchase offers from the company. A value proposition indicates why a customer should conduct business with the company or purchase its products. It also communicates the benefits associated with the products offered by the company to its customers. An effective value proposition should identify the customers’ problems and indicate how the company will solve them using its products. Additionally, a company’s value proposition should differentiate it (and the products it offers) from its competitors. Casper is a company that has a unique value proposition that informs its potential customers what it will deliver and what it will offer when an individual purchases its offers.
Casper’svalue proposition is to transform the boring process of purchasing and transporting mattresses and improve quality sleep for many individuals as it could reach through its innovative mattress technology and other sleep products. The company’s perfect mattress that is offered at affordable prices sets it apart from its competitors. Casper is the best company when it comes to making the mattress selection process simpler and reliable. The company has only one model that primarily focuses on increasing the quality of sleep because of the features of the mattress that include comfort, cool night temperatures, support, and durability. Casper’s co-founder and chief executive officer (CEO) claims that Casper is on a mission to be the “best brand around all things concerning sleep” (CNBC, 2015). The CEO further asserts t...
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