Ever been asked what
your USP is? Difficult isn’t
it? You may well have one but can
you honestly say it’s something that you genuinely believe in, deliver against
and is compelling for your audiences?
Far too often sales
teams latch onto what they think is a USP without really thinking it
through. Several years ago I
joined a sales-led business as marketing director and made the point of asking
everyone I met what the USP was.
There were several responses but the most common was “we were founded in
1980”. It was a clumsy attempt to
show that the business had critical mass, a good track record, some really
valuable know-how and was a much safer bet than many of the one-man bands that
had been established in the sector.
But unfortunately it hadn’t been thought through and no one seemed able
to answer my follow up question:
“that’s great, but I see that one of your immediate competitors was
founded in 1948. Does that make
them twice as good as you?”.
The problem with USPs
is that nothing is really ‘unique’ in business, at least for long. Yes there is first mover advantage but
what is potentially ‘unique’ today is more than likely to be copied
tomorrow. The net result? You and your competitors suddenly start
looking very familiar.
Instead of spending
time agonising over your USP, focus instead on your ‘brand value proposition or
promise’ (BVP) and ‘brand story’.
Ask yourself and colleagues some searching questions:
- What is it that we do particularly well (beyond the purely functional)?
- What do we stand for and believe in?
- What is our culture?
- What tangible and intangible benefits do we deliver to our customers?
- How do we make our customers feel?
Out of this process
will come the core of a BVP and brand story – a clear statement of what your
business is all about, how you deliver real value and what your customers feel
about doing business with you.
And then of course
comes the real work: making sure
that your interactions with customers and prospects really bring your BVP to
life. Oh, and of course, convincing
your sales teams that they really don’t need a USP.
More on BVPs and how
to develop yours coming soon.
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