Product Knowledge Worksheet (4% of overall grade) 14 Marks STEP ONE. Create three FAB STATEMENTS. (9 Marks) Feature Advantage Benefit STEP TWO. Develop your unique business proposition. (5 Marks) Retailer Cost Customer Suggested Retail Price % Profit based on cost % Profit based on selling price - retail Retailer Cost with 12% Volume Discount Customer Retail Price % Profit based on 12 % deal cost % Profit based on selling price : 12 % Retailer cost with additional 6% Display discount Customer Retail Price % Profit based on 6% deal cost % Profit based on selling price: 6% deal cost Retailer cost with best deal 18% (lowest deal) Customer Retail Price % Profit based on 18% deal cost % Profit based on selling price : 18% deal cost Initial Purchase Order $ ( Retailer Cost x Suggested Quantity)