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Welcome to whiteboard entrepreneur, where we simplify the complex world of entrepreneurship into easy to understand whiteboard lessons. Today, lets talk about what is value proposition, its types how to write one In simple terms, A value proposition is a statement that answers the why someone should do business with you. If you can perfect your value proposition, you can increase your conversion rate and improve your marketing strategies across many channels. So, How to write a unique value proposition Well, in order to write a unique value proposition you must come up with something compelling, and that compelling should meet these three criteria: 1. Its specific: What are the specific benefits your target customer will receive? 2. Its pain-focused: How will your product fix the customers problem or improve her life? 3. Its exclusive: How is it both desirable and exclusive? How well does it highlight your competitive advantage and set you apart from competitors? Keeping that i