USP - Unique Selling Proposition
Tips & Coaching in Selling for Sales Force Building
USP - Unique Selling Proposition

USP on eBay by: Greg Hayes

If you have dabbled at all in the world of Internet marketing, you may have heard the term "unique selling proposition" or USP. USP is a technique that Internet marketers use to set themselves apart from the competition. Internet marketing is highly competitive and highly saturated. In order to be successful, it is vital that the Internet marketer present himself as being unique and different from his competitors especially when many of them are selling the same products.

It is also just as vital to have a unique selling proposition on Ebay. I am amazed at the number of Ebay sellers that are either unaware or just don't care about the importance of having a unique selling proposition. A case in point: A while back, I was researching some products on Ebay from a wholesale company called B&F System. B&F System is a wholesale only company that carries a variety of brand name products. One of the brands they carry is called Maxam. I came across several Maxam leather jackets on Ebay while searching ended auctions. Now here's the kicker. About a dozen or so of these leather jacket auctions were exactly the same. They all used the same image of a guy modeling the jacket that was captured from the B&F website. They even used the exact ad copy used by B&F!

What was the result? Only one of the sellers was able sell any jackets. The top bid was only $26. And since he purchased the jackets from B&F for $20, he made about $5.00 profit after Ebay fees. That's a slim profit for an item that normally retails for $95.

Always keep in mind that the amount of effort you put fourth on you auctions will be in direct proportion to the amount of return you get from your auctions. The sellers who put up the jacket auctions put fourth little effort by using stock photos and ad copy from the B&F website, and therefore received little or no sales from their auctions. The sellers in this case might think that using stock photos makes their auctions look more professional. It's just the opposite. These auctions look very amateurish. Using a picture of someone modeling a garment will not entice people to bid on your auction. Using three or four high quality pictures of the actual item along with a detailed description will entice people to bid. Remember that buying apparel off the internet is not like buying music CD's or software. You don't need to worry if a CD will fit. You don't need to see multiple pictures of a box of software to know what you'll be getting. However, when selling apparel, good quality pictures and a detailed description are vital. You should use a good quality digital camera to take pictures of the item from different angles. If you're selling jackets or coats, include a picture of the lining as well. In your description, don't just say it's a large size. Give measurements of the garment including overall length, sleeve length and chest size. If you're going to specialize in apparel, it would be a good idea to purchase a form or clothing dummy to model your apparel. Doing these things will go a long way in setting you apart from the competition and establishing a "unique selling proposition."

What ever you're thinking about selling, always look at your competition and think about how to set yourself apart. Remember that unless you're selling antiques on Ebay, there's always someone else who's trying to sell the same thing you're selling. Establishing your USP will put you on the road to Ebay success. 



About The Author
Are You Tired of the scams and the get-rich-quick schemes? Greg Hayes is founding editor of http://www.mammothprofits.com/. Mammothprofits is the website devoted to helping others filter out the scams and become successful in a home based business.
ghayes@mammothprofits.com
Courtesy of http://www.ArticleCity.com/
AQ4U
home
map
bizcenter
privacy
customers
contact
search
 ______________
MORE
 Sales
 USP 
Unique 
Selling 
Proposition
 
web index
this page index
top of the page
map- all articles
home of this site
-Best books about Sales an Selling -
Why USPs Don't Work by: Debbie Jenkins

The USP (Unique Selling Proposition) is based on the assumption that if you can't be better than the competition then being different will usually suffice. 

It is true that most businesses scrape by in the midst of mediocrity. The bosses of these firms see an industry or profession that looks lucrative and join the ranks in a 'me too, I'd like some of that action', kind of way. If there's enough of a market for what they do then they'll pick up the odd client and eke out an existence without having to think or work very hard on their brand. 

Most of these companies make up the headlines of casualties when the market they're in gets tough and only the outstanding or well-positioned firms stay safe. 

So, the USP, in principle, enables the enlightened business owner to rise above the ranks and be noticed. This is usually achieved by: 

High Value Promises 

Guarantees 

Under Promising and Over Delivering 

Finding an under-serviced niche in your market 

I applaud and support this way of thinking and believe that high value promises, guarantees and aiming to delight clients are all important. I actually believe that these things should be the baseline for any business. 

So the notion of a USP is fantastic. There's just one tiny flaw... 

Finding your USP can be like the quest for the proverbial Holy Grail. You could end up spending inordinate amounts of money on research, product/service development and branding without ever really attaining a true USP. The quest to find 'unique' when 'relevant', 'outstanding' and 'decisive' are just as good can be frustrating and wasteful. 

I've seen people stumble upon some really great propositions for their brand that would have worked like a dream, but then dismiss them because they're not “unique” enough. 

Some of the problems with USPs: 

Nearly every idea you come up with will have already been done, so struggling to find unique will be frustrating and wasteful 

You'll spend lots of time trying to invent something truly unique and if you do ever find it you'll never really know if it's unique anyway 

If you are unique then as soon as you start telling people the reasons why, somebody else will copy it and, alas, it is no longer unique. 

Most people realise the above as soon as they start looking and instead of doing the hard work they'll just slap a USP label on something that is 'me too' or mediocre. 

USPs feed money hungry textbook marketers with research, positioning and creative brainstorming projects. Then once somebody copies you it's back to the drawing board and they can get paid all over again. 

I want you to get the notion of 'unique' out of your head by replacing it with 'decisive'. We'll look at how to achieve this shortly but first, I'd just like to tell you about a guy who came on one of my first Lean Marketing(tm) Master Classes... 

Mister 73 USPs: A Warning

This guy's firm provided training and coaching in performance improvement and change management. He had an MBA and reportedly knew lots about marketing. 

Just to set the scene...

Throughout the first half of the day he'd managed to disagree with and antagonise everyone in the room, including his own business partner. 

He was quick to disagree and slow to explain his reasons why. We'd just started work on the “So What?” exercise when he said, 

“I know what you're doing. You're trying to help us find our USP. Don't bother, I've already got 73 of 'em.” 

I was surprised and impressed but not convinced, “73 USPs? Are you sure? Tell me about them.” 

Silence. The rest of the group were now all looking at him. He looked back with a look of concentration as he struggled to remember just one. He finally came back with, “Quality!” 

Although I felt uncomfortable for the man with 73 USPs, I believed it was important to uncover what he really understood; for his benefit and the benefit of the rest of the group. I didn't want everyone believing that having so many USPs was a good idea. So I continued my line of questioning, 

“How does quality set you apart as unique?” 

Again, a long pause and then, 

“Well, we provide the best quality solutions to all of our clients.” 

I continued with three questions in rapid succession,

  • “Do you offer a guarantee?” 
  • ”Are you sure your competitors aren't saying and delivering the same thing?” 
  • “Who are your clients?”
His response to each question was,
  • “No we don't guarantee it, how could we?” 
  • “We don't have any competitors because what we offer is unique!” 
  • “Anyone can benefit from what we do, so anyone willing to pay is a client!” 
As you can see, Mister 73 USPs was in a tricky spot: 

He didn't have one USP let alone 73 

The 'USP' he chose was not unique 

He had no idea who his competitors were 

73 anythings in branding are usually 72 too many, no wonder he couldn't remember them! 

He hadn't even defined his target as a type of business let alone pin-pointed an individual 

He was entrenched with a belief that he'd seen it all before - this usually limits a person's ability to learn anything new 

Now, I'm known for my ability to step right beyond the BS and for my edgy and sometimes dangerous manner with textbook marketers, but he was a delegate, so I swiftly moved on so that he could save face. I then continued to try and help him personally during the rest of the workshop but he really wasn't willing to part with the belief that he had 73 USPs. Nor would he accept that selling to everyone meant that he wouldn't appeal strongly to anyone. 

I don't pretend to be a life coach (I leave that to people who are good at it) and don't believe it's my job to change people's beliefs, so at the end of the class, unprompted, I gave him his course-fee back. 

He wasn't going to use our information and ideas anyway. 

So why am I telling you this sad story? Why, because most textbook marketers, in my experience, really don't understand USPs. It's just another buzzword they throw at you to sound clever and important but under the surface their USPs are usually little more than over-dressed features. 

USPs are mythological artefacts that rarely exist today except in the imaginations of textbook marketers or the truly inspired. 

DPPs - Decisive Power Points

Right, back to the programme... I'd like you to ignore 'unique' and replace it with 'decisive'. 

Decisive is more effective than unique for a number of reasons: 

Unique doesn't necessarily mean favourable - Decisive does! 

If all else is equal your DPP will tip the scales in your favour - it will be the deciding factor 

DPPs work from your client's viewpoint - they are triggers that help your client decide, not just things that you think are unique 

Decisive is much easier to find and maintain than Unique 

There's an example of our DPP chart (high and to the right is where you want your benefit to be) on our site at http://www.debbiejenkins.com/academy-pics/DAY17-dpp-example.gif

The Decisive Power Point chart and detailed instructions on how to use it is covered thoroughly in our ebook called Coaching Charisma - Using The Power of Your Brand to Magically Attract New Business. This 64 page book is a must read for any coach who is struggling to stand out in the crowd. 

Speak Soon
'Dangerous' Debbie Jenkins 



About The Author
"Dangerous" Debbie Jenkins is a speaker, author and stand-up comedian. Get her latest course - "CoachesCan!" Attract More Clients & Enjoy More Success By Doing & Spending Less and you can even set your own course fee!
http://www.debbiejenkins.com/coaches/index01.html
debs@debbiejenkins.com
Courtesy of http://www.ArticleCity.com/
 
 
 
web index
this page index
top of the page
map- all articles
home of this site
-Best books about Sales an Selling -

 
Differentiate and Grow Rich: The Importance of a Strong USP by: Eric Graham

“With 50 other companies selling the same products and services, why should I do business with you rather than one of your competitors?”

The number of competitors you face as an online merchant grows daily. If you can’t answer that one question, it’s only a matter of time before you go out of business.

If you can answer that question and answer it clearly, communicating it to your prospective customers in everything you do, your road to eCommerce success is paved with gold!

Your USP or Unique Selling Proposition answers that most critical question. If you have studied business for very long you’ve probably read or heard about the importance of having a strong, clear USP. However, it doesn’t take much surfing online to see that few companies listen. Most know that they need a USP, they just don’t know how to develop one.

The process of developing your Unique Selling Proposition is fairly simple (note that I didn’t say easy.) I conduct intensive on-site USP development workshops for my clients around the world. By doing these workshops I’ve discovered 4 critical steps to developing your USP.

First, study your competition. Search online for potential competitors. Pick the top 5 to 10 and try to determine their USP. Most will lack a clear USP, for these look for some of the features or services that they stress.

Now look for the gap in their products or services. What area of the market could we better service? 

Second, examine you own business. Sit down and brainstorm with your staff possible USP concepts. Don’t judge the ideas, just write them down. To stimulate thought and ideas ask the following questions:

  • What do we do the best? 
  • What do we do better than our competition? 
  • What awards have we won? 
  • What do our customers say about us? 
  • What praise do we often get from our customers? 
  • What celebrities or well know organizations endorse us? What endorsements could we get? 
  • What does our product or service do better than anyone else? 
  • What makes our business model different from our competition? How could we make it different? 
  • What market category or niche could our industry better service?
It also helps at this stage to interview and survey your current and past customers. Ask them why they bought from you rather than your competition? What do they want from a provider of your product or service? What’s important to them when making a buying decision? What feature or benefits do they value most or would like to see added to your product or service?

Third, begin to write down and crystallize your ideas. Don’t worry about length at first, just write down the key points of your USP concept. Focus on the benefits to your customer of each concept. Develop a list of 5 to 10 possible USPs.

Show this list to your staff, friends, family and current customers. Get their input and suggestions and use these suggestions and comments to narrow your USP concept down to a single main differentiating concept.

Once you’ve settled on the most unique and compelling feature of your product or business, begin to distill it down to one paragraph that clearly communicates and sums up why your customers should buy from you. Use this paragraph on your website or in your print marketing materials where you have more room to explain the unique benefits that you bring to your customers. However, it’s still too long to for an effective tag line or slogan.

You still need to distill your USP down to one or two focused sentences that clearly and concisely communicate the benefits of your USP to your customers. This statement should leave no question in your customers mind about what you do and what makes you different than your competition.

This USP statement will become your tagline or slogan. This process will take some time and your USP statement may require several revisions before you’re comfortable with the final draft.

Fourth, integrate your USP statement into everything you do. Put it on every page of your website, on your letterhead, in all of your advertising and marketing. Communicate it to your employees, managers and staff. Let it infuse into your corporate culture. Every time you talk to your customers, employees or suppliers you should mention this USP. You cannot just give lip service to your USP, you must live it and breath it! It must become a part of you.

Every product, business or service needs a USP that will make it stand out from the competition. It’s up to you to discover or create this element of uniqueness. Differentiate yourself, your business and your products from your competition and watch your profits soar!

Copyright 2004 Eric Graham 



About The Author
Eric Graham is the CEO of several successful online companies. A top authority on eCommerce & Internet Marketing, he's an in-demand speaker & consultant. Visit www.web-site-evaluations.com for a FREE subscription to his eCommerce Mastery newsletter. 
Courtesy of http://www.ArticleCity.com/
 
 
 
web index
this page index
top of the page
map- all articles
home of this site
-Best books about Sales an Selling -
USP - Unique Selling Propositions by: Scott 'Gears'

If you have competitors, then you should have at least one Unique Selling Proposition (USP). The more REAL ones you have, the better - for your Branding, your business recognition, and your sales! 

We all have competitors, and the more you have, the more important it is that you have a Unique Selling Proposition (at least one). 

Allow me to explain. Let's use a recent example of a company that sells laser toner cartridges... Do you think they have competition online? You bet they do, another category that is swamped with resellers. Sound like yours? 

The task of coming up with a USP can sometimes be tough. But every company needs this, it sets you apart from your competitors. Let me stress this again, it is one or more reasons why prospects should work with you, or buy from you, or do business with you, instead of your competitors, period. 

Let me narrow this a little further, it used to be if you had the best price, - you got the business. Although still a minor USP, price alone should not be the only consideration, it's not really that unique... Yes, you still need to be competitive, but I don't want to be the cheapest guy... we're in this to make a profit, right? So don't make price your 'only' USP. Combine it with more value, something your competition doesn't do, or doesn't offer. 

O.K., back to our example. This company needed more than price, their product pricing is right inline with everyone else, so now what? 

First of all, you need to know what your competitors do offer. 

This is not a new concept. You can't compete if you don't know what you're up against. So take a little time and check out what they have. Do some research, you'd be surprised what you might find - or not. Special offers, free shipping, a contest, great customer support? 

Take a step back, imagine you are the customer and you do buy toner from someone a few times a year. If they do not get great service or it's just average, then chances are you can sway them your way. This references "customer loyalty" another chapter, but it follows first getting the customer. So, let's get the prospect as a customer first. 

Now, what do we do to sway these prospects? We offer them what the competition doesn't. This can be discovered with your competitive research. Oh, and if you still haven't found a USP or a few - then Hyperformance Media can help you with this as well. 

Write down every idea that you and your team come up with. Please don't worry about how silly they might seem (at the time), just brainstorm with the data you have gained. The reason I say to include the silly ones, and others is because sometimes those little ideas that you laughed at can actually be morphed to create your USP. No idea is too far fetched at this point, and usually the ideas you laughed at are, in fact, some things your competitors don't offer. That's where we go next. 

On the toner company we came up with all kinds, some were already offered by competitors, some were not. The idea is to initially come up with as many as possible. Here are some of what we narrowed the field to (we started with about two dozen);

  • Price (of course) 
  • Free Shipping (varied by quantity/price) 
  • Great Customer Service (so everyone says) 
  • A Contest / Promotion (a what?) 
  • Free Gifts (vary) 
  • Referral Savings (with parameters) 
  • Reminders? (to buy)
The next step is again to nail down our list, get creative, really think here. This alone still makes us more competitive (once implemented), even if others use the same approach. Why? Because before we did this, there was a ton of competition, and as we add these USP's we now narrow the list of our 'real' competitors. We are now more competitive within our industry, because we now offer things that (most) of our competitors do not! 

We are getting more competitive immediately by implementing some simple offerings. Let's take each one in this example and see how we can use it or discard it to our advantage. 

  • Price - Still very important in any market, but very tied to customer value (or perceived value). If your product or service is not competing here - it does not necessarily rule you out, more on this later. However, this is usually where a shopper starts (because it's easy), and you want to be considered with this group. In this example, we agreed that (based on our research) we were in the market on price. So our price is competitive and that's great, but not unique enough to get the business. 
  • Free Shipping - In our research, we found that most of the company's who were offering this service were just a couple dollars higher in price (covering their "free" offer). So while it may have some perceived value, it was not enough for this company to offer that, so we discarded this one. If however, your costs are such that you can ship for free and still be competitive and profitable, this is a worthwhile USP. 
  • Great Customer Service - This is stated everywhere, making it tough for the consumer to know what is reality. It is hard to judge until you are a customer. It would be more valuable to offer testimonials of Great Customer Satisfaction. Not Customer Service, but Customer Satisfaction. There is a big difference here. So we DO want to take some of our really satisfied customers and put together, or request their testimonials. This is much more powerful than the words or promise of "Great Customer Service". So we will use this, but focusing on satisfaction with testimonials in our advertising pieces and website, etc. 
  • A Contest/Promotion - This covers a broad area, but can be extremely successful when implemented and marketed properly, so be creative and if possible, develop one for your business, product or service. After our discussions, and research, we have begun developing this idea. Example: Every time you buy from us, you get another chance at winning "Free Toner for a Year". I know you're saying... free toner for a year - what are you crazy? Bear with me on this... first of all, most of their customers use 4 to 6 toners in normal use in one year (In our contest, we can actually cap that in our rules, i.e., "Not to exceed 6 cartridges". So we associate our costs to that, which does not make this a cost prohibitive program at all, depending upon the program success. Again, the mileage and customers we gain from our contest is potentially huge, and if it works well, we continue it... at a maximum cost of 6 toners per year for a Grand Prize. 
  • Free Gifts - Don't discount this one, many people grab hold of these 'offers' to feel like they are making out. All else being the same, the customer does get something for nothing. Now, if the item truly has no value, then the customer has little to no interest. And, it actually 'cheapens' the image of your firm (be careful). We decided with our products and business customer profile, this would not work for this business. But it could work for you or your products. 
  • Referral Programs - Another potential attraction (savings) for your customer. I say potential because this type of referral program, like price, should not be the only USP. When used in conjunction with others, this can steadily grow your business (sales) as well. You need to develop a program that somehow rewards referrals. For example, it can be something simple like "Refer a customer to our business and when we ship their order you will receive or accrue credits, dollars, points, or 5% off your next order". Get the idea? The key is to make it of value, and still keep it cost effective. 
  • Reminders - This was it! The big one, it was unique, it has great value to the customer, and it reinforces our Customer Satisfaction! This was also laughed at when first mentioned. 
So? What was the plan? We acquire a software program that can be set to automatically e-mail each customer based on their own usage when their toner and supplies were potentially running low (i.e., 30 or 90 days or any date we choose. Once set-up it is all automated (cost effective)! It also gave us their e-mail address (important anytime) and with our reminders we could include any special or seasonal offers that might further attract more sales. 

So, what did this company find? 

In a nutshell - Their products are priced well to compete. In this case, we discarded free shipping as not really cost effective. We stressed Satisfied Customers in all of our marketing materials with testimonials and real-life examples. We are also developing a contest to further set us apart from our competitors. We could not find a free gift we thought would add any value to the customer (but continue to look). They are considering a Referral Program as well. The real USP in combination with the others was our unique E-mail Reminder System. At that time, no other competitor was offering anything like this! This IS a Unique Selling Proposition and was perfect for our example. Put all these together, and this company has numerous 'edges' on their competition. Once customers are aware of these differences that set you apart from all the rest - growth is almost certain! That company is in a much better position to 'own' their market online, or at a minimum increase their market share. 

The more you get the word out, the more you're sure to benefit from these type ideas. 

I understand this was a pretty broad example but you should get the idea. 

You won't always come up with an idea that no competitor has or offers, but if only 3-6 competitors offer that same USP, you are still in the top tier of your competition instead of lost somewhere un-noticed while buyers continue to purchase through your competition. You decide.

Use this article for your training, website, or newsletter by simply adding the following footer;

Written by and Copyright © 2003

www.hyperformancemedia.com



About The Author
Scott is the Founder and Sr. Project Manager for Hyperformance Media.com, a Technology Marketing Company serving online businesses since 1996. His 23+ years of experience in the computer industry will help you succeed. Their website offers free education & resources that will assist any business in successfully marketing their company online.
ss@hyperformancemedia.com
Courtesy of http://www.ArticleCity.com/
 
 
 
web index
this page index
top of the page
map- all articles
home of this site
-Best books about Sales an Selling -

 
 
What's Your Selling Sentence? by: BIG Mike McDaniel 

What's your Selling Sentence? If you have a business, you need a selling sentence. 

Sometimes called the Defining Sentence or the Secondary Statement, the Selling Sentence is the group of words that clarify and refine the nature of your business when seen or heard with the name or logo of your business. You tell ‘em what you do for them' with your Selling Sentence. 

The Selling Sentence clearly differentiates your business in the eyes of your current and potential customers or clients. "When it absolutely, positively, has to be there overnight" reinforces the FedEx brand. 

McDonald's has used Selling Sentences for individual products. "Two all beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun" 

Selling Sentences are similar to Unique Selling Propositions, or USPs. But they differ because that they are more focused and are presented in one sentence or less. USPs can be much longer, resembling a mission statement. 

Develop your own Selling Sentence to be displayed under the business name or logo. If it won't fit there, it is too long. The Selling Sentence should appear in the same spot every time the name of the business or logo is displayed: newspaper ads, store signs, yellow pages, business cards. Everywhere the logo goes, so goes the Selling Sentence. 

Look at the big boys. Lots of Selling Sentences, some short enough to be called Selling Statements. All fit under the business name. 

A Selling Sentence is extremely important if your business name does not reflect on the nature of the business or the product. FedEx was shortened from Federal Express, both of which mildly suggest package handling. Since the Selling Sentence accompanied all references, we all know FedEx is a package delivery service. 

Murray's Plumbing would not need a Selling Sentence to clarify the nature of the business, but rather one to set it apart from hundreds of competitors. 

Murray's Plumbing 
We show up on time and smell 
good or your don't pay! 

Now Murray and his people must maintain the Selling Sentence by keeping the promise. FedEx says over 99% of packages get there overnight. The Selling Sentence should not change unless you intend to re-brand the business, so get it right from the get-go. 

Convene your own brain trust of employees and friends and peers for a free association session. List what can be said about your business in one sentence. Emphasize your biggest customer benefit. 

Write them all down, no matter how goofy. With the group, trim the list to 10 before you bring out the refreshments. Sleep on it and make a final decision the next morning. 

Papa Fred’s Car Wash 
Satisfaction Guaranteed 
or 
DOUBLE your dirt back 

Ralph's Refuse 
Our Business is Picking Up 

Don't tell 'em what you do. Tell them what you do for them. 

For more about business get my article "What Does Your Business Card Say?" Send a blank eMail to the MailTo:BizCardSay@BigIdeasGroup.com



About The Author
©2004 BIG Mike McDaniel, Professional Speaker and Former Major Market TV News Anchor. The BIG Ideas Group helps small business grow with consulting, seminars, resource guides and sales training. visit http://BIGIdeasGroup.com
MailTo:Mike@BIGIdeasGroup.com
Mike@BigIdeasGroup.com
Subscribe to "BIG Mike's BIG Ideas" Newsletter MailTo:subscribe-956603364@ezinedirector.net
Courtesy of http://www.ArticleCity.com/
 
 
 
web index
this page index
top of the page
map- all articles
home of this site
-Best books about Sales an Selling -
 about us
 mission
  security
   quality
disclaimer

aqm@getresponse.com
 | HOME  |  Site MAP   | GO TOP   |
http://add-marketing.com
Copyright © 2004 AQM All rights reserved
Recommend this site !