Create a unique selling proposition that works
Chances are, in the eyes of the customer at least, you arenโt the only person doing what you do in your local market. So, given that you have other businesses offering similar products or services to you, why shouldย customersย purchase from you?
Thatโs where having a unique selling proposition (USP) comes in โ something that makes you stand out from the crowd; something that makes people compelled to do business withย you.
Often micro businesses have an amazingly unique and valuable offering but their downfall is they donโt effectively communicate their USP to the marketplace. And the problem with that is: you canโt sell a secret.
Do you have a clear unique selling proposition? Do all of your customers know about it? More importantly, do all of yourย potentialย customers know about it?
The better you know your USP, the easier it is to attract new customers. Here are some tips on how to develop and market your USP.
1.ย Find out what your competition arenโt doing, or what youโre doing significantly better than them.
Is it customer service related? Perhaps youโre the only 24/7 business in the area? Or do you have a product range or quality that stands out from those around you? Perhaps itโs your returns policy or rewards for customer loyalty?
2.ย Find out whatโs important to your customers, not whatโs important to you.
It doesnโt matter ifย youย think itโs valuable โ what matters is that your customersย think itโs valuable. After all, youโre trying to sell toย them, right? Whatโs their biggest frustration or challenge, and how can you help them in such a way that no one else can?
Want more articles like this? Check out theย business marketing section.
3.ย Make it connect with what your business stands for.
If you want your sports store to be known for providing long-lasting equipment, base your USP on the fact you only sell the highest quality goods. And if you want your fashionable clothing store to stand out from the rest, your USP will centre on having only the latest and greatest designs in stock.
4.ย Clearly explain the benefits in terms ofย your customers.
Although your unique selling proposition is about what makesย your businessย unique, make sure it is focused on the benefits for customers. Rather than talking about how many staff you have, how skilled they are, or how many years youโve been in business, talk aboutย what that means for the customer โย whatโs the benefit? This might mean that customers are always well looked after and receive the best service and advice. Remember: focus on the benefits for the customer.
5.ย Do what you said youโd do, when you said youโd do it.
If what makes you different is the fact that youโre there within the hour, every time, make sure that youโre there within the hour, every time! When youโre creating your USP, itโs really important that itโs not exaggerated and that itโs something that you can deliver virtually without fail. It pays to practise doing what you promise you will do beforeย marketing your USP.
6.ย Let everyone know about it!
If your competition arenโt doing it, your customers value it, itโs congruent with what your business stands for andย you can guarantee that itโll happen every time, then itโs time to start yelling it from the rooftops. Like I said: you canโt sell a secret. If this is the reason why people need to buy from you, then they need to know about it โ and itโs your job to tell them.
Marketing is all about constant and consistent communication, and you need to make sure that your USP is constantly and consistently in all of your marketing for it to have full effect.
How has identifying and marketing your unique selling proposition (USP) worked for your business?
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