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Finding Your USP
Finding your USP isn't a strategy. It's a necessity. It's also
a prerequisite for everything else you'll do. Every bit of
promotion will depend on isolating your USP.
The USP is your unique selling point. It's that special
something that makes your product stands out among competitors.
It's the one thing that really defines what makes your product
or service so special.
No matter what you're doing, someone else is probably doing
it, too.
Even if your product or service is incredibly unique, there is
probably something in place that will serve as a form of
competition. That might be the old way of solving the product
your product handles. It could be a different system of
approaching the matter altogether. Your USP is what makes your
option different, and more importantly, better.
If you happen to be a genuine trailblazer, offering something
no one else does in any way shape or form, the product itself
might be the USP. That's rarely the case, though.
Thus, you will need to go to the proverbial drawing board and
take a long look at your business in order to find out exactly
what is better about your option--and how to neatly encapsulate
it so that prospective customers can understand it easily.
Finding your USP is absolutely essential. It is going to form
the basis for much of your subsequent marketing. It's what
makes you memorable and valuable--which is just what you want
to be later marketing.
If nothing stands out about your project, one of a few things
is happening. You might just have an uninteresting and dull
product, in which case you might want to start looking in a
different direction.
More often than not, you are simply overlooking your USP. In
other cases, a careful review of your offer will demonstrate
that the only way you can actually distinguish yourself is by
offering a better price.
In most cases, fortunately, one is simply overlooking their
USP. There's no foolproof way to peg it, but you might have
some luck by doing some simple fast brainstorming with a pen
and a piece of paper.
- First, partition the paper into four
columns.
- Second, list your product in the left-most
column.
- Third, fill in the name of your top three
competitors for the other columns.
- Fourth, start writing about what's good
about each possibility. Don't worry, this paper won't
be leaving your hands so it's okay to say nice things
about the "enemy" in order to eventually find your
USP.
- Fifth, take a very hard look at each of
those counters and how often the stuff you put in
your section applied to others, too. Those common
beneficial traits are great, but they don't make a
USP. After you start eliminating those common traits,
you will begin to see what unique features of
benefits your product offers.
- Sixth, look at those characteristics
carefully. Odds are that your USP is in there
somewhere!
Once you have determined your USP (you may have
known right off the top of you head the second the topic
was mentioned), you need to commit to an overall
marketing strategy that will focus on that USP instead of
wasting time trying to sell your product based on the
same things everyone else offers.
Distinguishing yourself in the marketplace is essential, and a
good USP serves that function. It allows you to demarcate a
certain space in the marketplace that belongs to you and you
alone.
It gives you a chance to highlight the things that make you
special and valuable relative to the competition.
Seriously. Find your USP. If you search, search and search some
more without finding it, you need to reconsider your product or
service. Or, you just need to keep searching with both eyes
open for what separates you from the pack.
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