How To Ethically Blow Your Competitors Out of The Water
In developing your marketing message, it's very helpful to develop a Unique Selling Proposition, or USP.
What is a USP?
The USP very clearly answers the question, "Why should I do business with you instead of your competitors?"
The USP may be used repetitively in your marketing literature to build the customer's or client's identification of your company with your product or service.
The two major benefits in developing the USP
First, it clearly differentiates your business in the eyes of your current and potential customers or clients. Second, it focuses your team on delivering the promise of the USP, helping to improve your internal performance.
For example, whom do you think of when you hear the phrase, "Fresh, hot pizza delivered in 30 minutes or less, guaranteed"? Dominos virtually took over the delivered pizza market with that USP. Notice Dominos didn't even promise the pizza tasted good. How do you think a Dominos delivery person would behave compared to a delivery person who works for a competitor without this USP? Do you think the team at Dominos made a considerable effort to develop systems to assure the USP was met?
Beware of the "cutesy phrase."
The USP does not need to be expressed in 25 words or less. It could be a detailed set of performance standards. It should be tested to assure the USP addresses a need that is truly important to the buyer. Would you like some assistance in developing your USP?
We would be glad to act as a facilitator for you and your team in this process.
"In accordance with IRS Circular 230, the information on this Web site is not intended or written to be used, and cannot be used as or considered a covered opinion or other written tax advice and should not be relied upon for the purpose of avoiding tax-related penalties under the Internal Revenue Code; promoting, marketing, or recommending to another party any transaction or tax-related matter(s) addressed herein; for IRS audit, tax dispute or other purposes"
Securities and Investment Advisory Services offered through Capital Analysts Incorporated, Member FINRA/SIPC. Scripps Tax & Financial Group, Inc. and Capital Analysts Incorporated are independent non-affiliated entities. Capital Analysts Incorporated does not provide tax or legal advice services. Personal Financial and Estate Planning services are offered through Capital Analysts. All other tax, payroll, accounting, software, and mortgage related services provided separately by Scripps Tax & Financial Group Inc.