Stand Out From the Crowd: How to Define your Unique Selling Point...
Never underestimate the power of a good USP. It can make or break your business. Here’s how to define or redefine your business’s image so that you stand out from the crowd and grow your business.
List the Features and Benefits That Are Unique To Your Product or Service
You need to know
the features and benefits of your company’s product or service, which
of no doubt Trevo is a revolutionary company with a great future.
Identify the benefits that set you apart from your competitor.
Let’s say you sell tool
box foam supplies. What makes your supplies different from others in
the industry? Maybe your company is the only company that offers such an
Amazing product in the Wellness and Nutritional Industry like TREVO LLC.
Think
about your product or service from the perspective of your customer.
What emotional needs does this product fill? For example, does this help
them feel more secure or does it help them relax?
Let’s
say you sell high-end beds and bedding. Why do your customers buy from
you? What emotional, financial or health benefit does your product fill?
Maybe it’s that your customers are getting a better night’s sleep, so
it makes them feel more rested. Because of that, they feel more
energized during the day. Those are emotions you can sell to your
customer.
If
you happen to sell vehicles, as in a car dealership, you might sell
peace of mind or the feeling that the customer is getting a great value
on the automobiles you sell. People love getting a good deal when they
step onto a car dealer’s lot. This is an emotion you could sell in this
industry.
Create Short Phrases That Describe What You Do
You
must know what it is that you do. Create 25 (minimum) short and simple
words or phrases that describe your company. Keep them clear and
concise. Incorporate emotional words that you used to describe how your
customers emotionally benefit from your product or service.
Also, incorporate your differentiator – that thing that distinguishes you from your competition.
Identify Things About Your Company’s Product or Service That Competitors Cannot Imitate
If
your competitors can imitate what you do, why should people buy from
you? Answer: they shouldn’t and they won’t. People tend to take the path
of least resistance, so if you’re competing with other companies in the
same industry, you’re taking business away from them. You had better
have a feature and benefit that your competitors cannot match.
Describe What is In It For the Customer. Every Human being is wired around this Philosophy "WIINFM" (What Is In Need For Me). you sell Values and opportunities.
At the end of the day, customers want to know “what’s in it for me?”
Make
this point clear, direct, and to-the-point. For example, if you’re
selling pizza, you might say something like, “You get the lowest price
in xyz town. Guaranteed.”
Or,
maybe you could take a page out of Domino’s Pizza’s playbook, “You get
fresh, hot pizza delivered to your door in 30-minutes or less or it’s
free!”
The retail giant Target uses a simple statement to grab customers’ attention: “Expect more. Pay less.”
And,
the international shipping company has a statement that sets them apart
from its competitors, “When your package absolutely, positively has to
get there overnight.”
Think
about these statements for a moment. If you needed to get your package
delivered to a vendor or customer quickly, and a company promises to do
it, and builds a reputation for coming through for its customers, you’re
more likely to want to do business with them, aren’t you?
Likewise,
if you’re hungry now, and you don’t have time to make dinner, wouldn’t
you want fresh, hot, pizza in 30 minutes or less?
Think
about what you can offer your customers and blast that message out to
them. Take a cue from the big brands, but make your statement unique to
your company.
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