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Legendary basketball
coach and one of the world’s
foremost experts on peak
performance, John Wooden,
once said, “People
who fail to plan are planning
to fail.”
Most professionals
and entrepreneurs will agree
with this statement, yet,
when it comes to branding
a business, a vast majority
of women entrepreneurs do
not set aside the time to
properly plan and strategize
their branding or marketing
efforts. The impending result
is that if their message
emotionally resonates or
connects with their audience
it’s usually by accident
more than it is by design.
The difference between succeeding
by accident versus succeeding
by design is one of the
most important distinctions
you can make with your career
and business. But just how
do you go about doing that,
especially when there are
so many variables in the
process?
We’re going to answer
that question by looking
at your company’s
USP and its relationship
to your ideal target audience.
What is a USP?
USP stands for Unique
Selling Proposition.
The word and concept was
developed by one of the
greatest advertising minds
of our time, Rosser Reeves.
Reeves believed that for
a company to stand out in
a crowded marketplace it
must clearly communicate
the one definable point
about itself or its product
and service that it will
capture the attention and
stir the emotions of the
company’s prospective
clients. When done right,
the USP resonates with the
company’s target audience
on an emotional and profound
enough level that causes
them to no only remember
the product and/or company
but prompts them to ultimately
buy.
To give you an idea of how
powerful a chord a well
stated USP can strike in
the hearts and minds of
its audience, here are some
very well known primary
USPs Rosser Reeves developed
for his clients and their
products.
· "Wonder Bread
helps build strong bodies
in eight ways."
· "M&M's
melt in your mouth, not
in your hands."
· "Colgate cleans
your breath while it cleans
your teeth."
· "How do you
spell relief? R-O-L-A-I-D-S."
Many of these are still
being used today and have
been responsible for generating
billions of dollars in revenue.
But coming up with one single
“magic”USP isn’t
easy and it is only part
of the overall process.
The way Reeves and our own
agency advises clients is
that once you’ve identified
your primary USP the next
step is to list out several
sub-USP’s. Sub USP’s
are created to support and
further leverage the primary
USP. They can be used for
specific products, a branding
campaign and in some cases,
they are so powerful that
they replace the original
primary USP.
Here are a few more excellent
examples of primary USP’s
that have helped build,
enhance and grow both small
and large companies. Many
of these were not the company’s
initial choice for their
primary USP. In fact, a
few of these were initially
used for a specific branding
campaign, but struck such
a chord with the target
audience that they are now
synonymous with their respective
companies.
• Affordable Solutions
for Better Living –
IKEA
• Quality
Takes Time – Rolex
• The
World’s Biggest Bookstore
– Amazon.com
• When
It Absolutely, Positively
Has To Be There Overnight
– FedEx
• Think
Different – Apple
Computers
• Whitens
Teeth & Freshens Breath
- Crest
• Fun
. Simple . Profitable –
Selling In Color
• Business
Makeovers for Women –
Everywhere Marketing
• It’s
Not Just About Losing Weight
– Healthier Outcomes
• Fresh
. Delicious . Delivered
– Susan’s Healthy
Gourmet
• Training
Yourself Just Got Easier
– Trainer To Go
• Dependable
Service Delivered With Integrity
– Optimum Bookkeeping
You are probably very familiar
with most of these. In fact,
you may have even been a
customer of one or more
of these companies, initially
drawn in by the promise
their USP made. But what
exactly makes these USP’s
work and what do they all
have in common?
- Simple: You immediately get it. In other words, the USP tells you what the company stands for and/or exactly what result you will receive by doing business with them.
- Succinct: They’re to the point and can be read even with a casual glance. Think billboards when you’re driving down the freeway.
- Intriguing:
Even if you don’t
know the company, the
USP is strong enough to
cause you to want to learn
more, especially if you
have a need for their
solution.
- Emotional: If you are part of their target audience you can rest assured that their USP will resonate with your wants and/or needs on some level.
Making The USP Work For You
To help you further identify and better communicate your USP, the following is a brief sampling of the document and process we use with many of our agency’s clients.
What is your company’s Unique Selling Proposition (USP)?
Most businesses that are like mine do _______________________ (FILL IN THE BLANK). But what we do better is _______________________ (FILL IN THE BLANK).
Here are some important questions that need to be answered as you’re coming up with your USP:
- What makes you and your company/product/service special? (list as many points as you can).
- What special results can you deliver to your clients with your service? Think about how can you do it better than you have in the past?
- What has to happen in order for your customers to seek out your product or service? Think in terms of the emotions that your customer has to experience.
- What area of your business do you and your existing customers see you as a “leader” in?
- What words do your customers
use to describe the feelings
and results they get from
using your product or
service?
Begin combining the words
and phrases from the answers
to these questions in a
way that best represents
the need and/or want your
company and product/service
is fulfilling for your customers.
Determine which statement
is the best and then list
that as your primary USP.
Keep the USP as short as
you can with powerful words
and phrases.
From there take the other USP statements you came up with and begin the process of listing them as your Sub USP’s. Remember to test your primary USP with some of your customers and colleagues. Once you have a general consensus that it works, further test it out with a marketing campaign. You may even want to include it on company stationary.
The Formula
To help keep you on track
throughout the USP development
process here are four of
the most important questions
for marketing and branding
your business. It is the
formula we utilize to not
only unlock the key positioning
statements for your company
but in writing copy and
development campaigns for
clients. It is also one
of the key steps we go through
for makeovers.
- What is it that you offer?
- Who is it for?
- How is it relevant to your audience?
- How do you deliver it?
- What are the results?
At the end of the day, what good,
sound brand development
planning will do is help
identify and clarify you
and your company’s
vision, your mission, your
core competencies. It will
help you put in place a
system that allows you to
effectively leverage and
connect your core talents
to the wants and needs of
your target audience. Doing
so will bring you the consistent
results you and your business
so richly deserve. |