Follow Bill Linkedin Twitter Facebook
Email Bill Email
Marketing & Sales
Jun 20, 2018

USP: Give Me A Reason to Do Business with You

Sponsored Content provided by Bill Hunter - President & Creative Director, Wilmington Design Company

To effectively sell your product or service, you need to be able to define what it is that you do.
 
This may seem like a no-brainer, but all too often in our business, we have meetings with potential clients that have a hard time articulating what makes them different or unique. This is especially important when your product or service is similar to those around you. Very few businesses are truly one-of-a-kind.
 
The key to effectively selling what you do in this situation is what advertising and marketing professionals call a "unique selling proposition" (USP). Unless you can pinpoint what makes your business unique, it will be much more challenging to successfully market your business. Think of a USP as your differentiator, the foundation of what you do that makes customers choose you over your competition.
 
Starbucks is the first stop I make in the morning. I was standing in line this morning and realized that Starbucks would make a great example case study on unique selling propositions. They went from a small coffee shop in Washington to one of the most recognized brands in America. They transformed this country from a nation of Maxwell House drinkers to a nation of coffee connoisseurs.
 
As I was standing in line, I asked myself, What is Starbucks known for? The answer, for me, was simple – they stand for premium coffee beverages, and they’re known for the same.
 
They’re not known for premium coffee beverages and the lowest prices. If they were, they wouldn’t stand out from the corner gas stations. If they instead tried to compete head to head with gas stations on price, quality would suffer and their product wouldn’t be unique. They wouldn’t be able to be known for premium coffee.

 
Discovering Your USP

Here are few tips and ideas to help uncover your unique selling proposition.
 
What problem are you solving?

From your clients’ perspective, what is the individual need or challenge they face that your business can solve for them?
 
Who’s your target audience?

You must know who you are targeting and it’s important to be as specific as possible.
 
A few things to consider:
  • What age are most of your clients?
  • Are they mostly male or female?
  • Are they segmented by geography or income?
Learn what motivates your customers' behavior and buying decisions

Effective marketing requires you to know what drives and motivates customers. It can be very helpful to push beyond the traditional customer demographics and spend time analyzing your sales trends. For example, it’s not enough to know that 75 percent of your customers are in the 35 to 45 age range. You need to look at their motives for buying your product or service, its price, convenience, service and so on.
 
Put yourself in your customer's shoes

Too often, business owners fall in love with their product or service and forget that it’s the customer's needs, not their own, that they must satisfy. Step back from your day-to-day and carefully scrutinize what your customers really want.
 
What are your biggest benefits?

List a few of the biggest benefits clients get from choosing to work with you that they couldn’t get from someone else. Again, it’s important that you approach this from the clients’ perspective. These benefits should explain why your services and/or products are important to them and why they would choose you over another provider.
 
Uncover the real reasons customers buy your product

As your business grows, you'll be able to ask your best source of information – your customers. For example, the pizza entrepreneur could ask customers why they like his pizza over others, plus ask them to rate the importance of the features he offers, such as taste, size, ingredients, atmosphere and service. You will be surprised how honest people are when you ask how you can improve your service.
 
There should be some recurring ideas and thoughts as you start to answer these questions, so you’ll want to start merging statements in a way that flows and makes sense. Finally, see if you can take your overall statements and ideas and condense them even more into just a sentence. You want your final USP to be as specific and simple as possible.
 
Figuring out, then communicating what truly sets you apart may be a tricky process. As tempting as it sounds, your business simply cannot be all things to all people. Once you unlock and hone your USP, you will be better able to focus your message and reach new customers.
 
Not sure where to start, or how to communicate your USP? Contact us today, and we’d be happy to help!

Bill Hunter and the WDC team believe that honest business and innovative design go hand-in-hand. Their talented team of designers, marketers and developers are as diverse as their work. They offer a range of services, including marketing strategy, branding and creative web and application development, as well as digital marketing solutions specific to your business. Contact Bill at [email protected] or visit www.wilmingtondesignco.com.

Other Posts from Bill Hunter

Wdc 300x250 growyourbusiness
Ico insights

INSIGHTS

SPONSORS' CONTENT
Aaeaaqaaaaaaaaidaaaajdhiztrkodm0lte2yjetngrkmy1hotrmltawmdvlmwqyztmymw

Entrepreneurs Tap Into Answers With Givitas

Diane Durance - UNCW Center for Innovation and Entrepreneurship
Chris coudriet

New Hanover County Makes Plans & Partnerships To Invest $45 Million In The Community

Chris Coudriet - New Hanover County Government
Tommytaylor ceo unitedway

Giving Is Good For Your Health

Tommy Taylor - United Way

Trending News

Thermo Fisher Announces It Will Buy PPD For $17.4B

Vicky Janowski - Apr 15, 2021

Molson Coors Invests In TRU Colors, Forms Partnership

Christina Haley O'Neal - Apr 14, 2021

Chef Serving Up Another New Restaurant To South Front District

Jessica Maurer - Apr 15, 2021

Taking A Closer Look At PPD, Thermo Fisher Deal

Christina Haley O'Neal - Apr 15, 2021

WSJ Reports That PPD In Talks To Sell

Vicky Janowski and Cece Nunn - Apr 14, 2021

In The Current Issue

Building Health Care Innovators

The program is aimed at being a “team-based, interactive and handson learning experience,” said Diane Durance, director of the CIE....


Info Junkie: Cynthia Walsh

Cynthia Walsh, CEO of the Brunswick County Association of Realtors, shares her top tech and info picks....


Coping With Ongoing Appliance Shortage

An appliance shortage stemming from multiple factors, COVID-19 being the major one, has been going on for the better part of a year and does...

Book On Business

The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100