A unique selling proposition, or USP, is a factor that differentiates a product from its competitors by offering customers benefits like the lowest cost, highest quality, or being the first of its kind. An effective USP promises a clear advantage, offers something competitors cannot, and attracts new customers. Successful USPs have included Avis focusing on trying harder despite being number two, Domino's 30-minute delivery guarantee, FedEx's promise of overnight delivery, and Southwest advertising the lowest airline prices.