
Create
and State Your USP to Increase Revenue
By Victoria Munro
Why would someone choose to do business
with you over your competition? After all, your competitors
claim to do what you do, and with an increasing array of products
and services to choose from, your customers are on advertising overload.
Defining and deploying your USP (unique
selling proposition) is the solution. A USP is a distinct and engaging
statement that sets you and your business or practice apart from
all the rest, by describing the unique value you offer, and that
generates excitement in your potential new customers. It tells your
prospects, “this is why you should do business with us.”
It builds your brand and helps would-be clients think of your company
when they realize a need for your product or services. There may
be very little difference between your service or product and your
competitors', but if you intend to succeed
in business, you need find a way to communicate your uniqueness
and connect it to a felt need of your target customer –
your USP.
Before You Create Your USP
Before you begin to craft your USP, it’s essential
that you know exactly who your target clients are, what their
specific problems, needs and wants are, how they make decisions,
where they hang out, and what they spend money on. The more clearly
you can describe your ideal client and the narrower your target
niche is, the more effective your marketing will be.
Understand what truly differentiates you,
your company or practice from the competition. Position yourself
as an expert in a specific area. You may offer many really outstanding
services, or sell a wide variety of excellent products, but to get
your message across in a clear and memorable way, you must focus
on only one thing!
Creating Your USP Statement
You’re going to craft a strong, appealing and memorable statement
that causes you to stand out in the crowd, which paints a clear
picture of what you want people to think and visualize when they
hear about your company. Your USP must make your service or products
extra special and more valuable than those of your competitors'.
Remember: A USP is all about the
customer or the client. It is not about you. It presents your solution
to their need in a way that clearly answers all of their questions
and makes them jump at the chance to buy from you.
Effective, Fun Exercises to Help You
Establish Your USP
Gather everyone together who is involved in your business. As a
group, brainstorm and make a list of every value that your company
offers, why someone would want to do business with you. Make it
a really long list! Then, put a line through everything that is
also true about your competitors. What remains is unique about your
company. Use this as a starting place to create your USP.
If you’re in business on your own,
take pen and paper and write a one or two paragraph description
of what sets you, your company or your practice apart. Then, ruthlessly
edit away the generalities, until you’re left with a clean,
succinct, specific promise. From there, rework it, deleting all
the excess verbiage and vague statements until you have a clearly
defined Unique Selling Proposition that your client can immediately
seize upon.
You could answer the following questions
to get you started:
- What does my business do really well?
- What is my most important benefit to the client?
- How can I substantiate this claim — to what do I attribute
this benefit?
- How will my clients understand this benefit, relative to those
of the competition?
Allow this information to inspire you as you create your USP.
Also, discuss this with your best
clients, your raving fans. See yourself from their perspective and
find out why they choose to do business with you, rather than someone
else.
Warning: Be absolutely sure that
you are able to deliver on any promise you make. If your USP tells
clients that you have “A complete range of widgets in stock
at all times,” and a customer calls to find that their preferred
widget must be ordered and won’t be shipped for a week, your
USP has created a negative relationship.
Deploying Your USP
Use your USP everywhere, on everything:
Marketing tools, print materials, website, voice greeting, ad copy,
in the signature line of emails, everywhere. Make sure that everyone
who works with you —sales force, customer service personnel,
office staff and delivery people —understands and regularly
uses your company USP in all their contacts with clients.
Most business owners don't have a USP —just a “me too”
message. Their advertising sounds the same as everyone else’s.
Use your Unique Selling Proposition at every
opportunity to let prospective clients know why they should choose
to do business with you!
© 2004 Make-it-Fly, LLC
About the Authors
Victoria Munro is co-founder of Make-it-Fly LLC. She has started
and run nine different businesses and has a wealth of experience
in how to BE a successful business owner. She facilitates programs
for small business owners which provide the tools, support and encouragement
they need to create successful results. To receive FREE business
success articles, tips and sign up for her ezine, “In-Flight
Refueling,” visit: www.Make-it-Fly.com.
NOTE:
You’re welcome to “reprint” this article online
as long as it remains complete and unaltered (including the “about
the author” info at the end), and you send a copy of your
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