It’s a tough old world out there. Whatever business sector you work in, you’ll have competitors.
Some sectors will have more competition than others. I know myself, that whenever I go to a networking event in Edinburgh, there is bound to be at least one other marketing business at it. Just as there are numerous photographers, life coaches, lawyers, accountants and recruitment companies in Edinburgh.
Some sectors may not have so much competition, but just wait a couple of years for others to fill that niche.
And if you have lots of competition it means that your customers and prospective customers, let’s call them your prospects, have a wide selection of companies to choose from.
So why are they going to choose you over the competition?
Stand Out From the Crowd
There’s no point trying to set yourself apart from your competition by offering something that they already offer.
You need to make sure that people notice your company, product or service because it offers them something valuable that your competitors don’t.
You need to stand out from the crowd and get noticed.
Develop a Unique Selling Proposition
How to Define Your Unique Selling Proposition
Let's define a Unique Selling Proposition for a product or service.
Start by understanding your audience.
What’s important to them? What makes them tick? What problems do they face?
Put yourself in their shoes.
Next, write down all the features you can think of for your product or service.
It’s often a good idea to think along the lines of quality, price, service, delivery and technical characteristics.
Now features are one thing, but people actually buy benefits.
Let’s use a washing machine as an example. We all know it washes clothes. That’s a given feature (hopefully!) of every new washing machine.
One of the main benefits however of having a washing machine is that it saves you time which means that you have more time to do other things.
Imagine how long it would take you to wash a week’s worth of clothes for everyone in your family by hand!
Look at your product’s or service’s features and turn them in to benefits.
Rank them in order of importance and value to the customer.
What problems do they solve for your audience?
Are there any that you are able to offer that your competition does not?
These are the benefits that you could use to define your Unique Selling Proposition as they give you a clear competitive advantage over your competitors.
Don’t Be a Shrinking Violet
These are just some examples of what you might do:
Don’t Rest on Your Laurels Either
However unique your Unique Selling Proposition is, it probably won’t be long before your competition see that you’re offering something that they’re not and copy you. They may even offer your Unique Selling Proposition in a new way that appeals even more to your target market.
Be ready for this to happen.
Keep an eye on what your competition are up to. How do they promote themselves? Does their Unique Selling Proposition change over time? Track it.
When the time comes and your Unique Selling Proposition no longer sets you apart from your competition, it’s time to go through the process again and define what your new and even better Unique Selling Proposition is going to be. You need to offer something that gives you a real competitive advantage over your competitors.
Then let everyone know about your new and improved Unique Selling Proposition!
Struggling to Come Up With Your Unique Selling Proposition?
The right unique selling proposition will set your business apart from the competition and help you win new customers and repeat business.
Would you like a hand to define a killer Unique Selling Proposition for your business? Schedule a free, 1-2-1 consultation today and I can talk you through the next step.
You can schedule a free consultation now using this link to my calendar:
Or send an email to email@example.com or call me on 07508 714330.
I’m looking forward to getting started.
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