A unique selling proposition with a unique guarantee has rocketed many firms to new heights of success. A business coach offers some useful suggestions.
What makes you hire a car
from a particular firm? Remember Avis’s we
try harder and FedEx’s when it
absolutely, positively has to be there overnight? Each of these is a compellingly
unique selling proposition that differentiates
their brand and persuades consumers to use them above their competition, because
of the convincing guarantee that they imply.
This is the process I follow as a
business coach when helping my clients to develop their own unique selling
propositions and guarantees in an imaginative, creative way.
1.
Think
in terms of what your customers receive. Nobody is interested in buying quality
and service because they have no intrinsic worth. But a car hire firm that
tries harder and a shipper who guarantees deadlines - now that is something to
talk about. So what makes you different from the firm that does the same thing
as you across the street or down the road?
2.
How
is the product or service that you sell unique in terms of customer benefits? How does it solve the problems, frustrations
or challenges that your prospects face? A fridge is a fridge but one that
auto-defrosts is more than just a fridge, it’s a lifestyle too. All golf
coaches are the same, right? No they’re not. The unique selling proposition
that guarantees to improve your swing
(they all do that, by the way) is the one who gets the business.
3.
Identify
a “pain point’ in your industry. Like sitting for hours in a doctor’s waiting
room or having take-outs delivered hours late. Dominos Pizza got it right when
they promised pizza delivered in thirty
minutes or it’s free. How’s that for a convincing guarantee? Think
laterally, but be prepared to be held to your promise.
4.
Be
specific and make sure you can back up your proposition when asked for proof. Advertisements
are sometimes focussed internally to inspire staff, but unique propositions are
not. They describe what you are already doing, so what makes you special? How
come you are still in business? It’s just not good enough when only you know
why.
5.
Distil
this all down into a single sentence or better still a short phrase. You must
think in terms of output and every word must sell. This is where a business coach can be a useful ally. I
have wrestled with paradigms like this before, and I offer independent input.
The job is not over though until you have
integrated your unique selling proposition into all your business stationery
and advertising materials and done a market launch as well. Convincing guarantees are two-edged swords
when out there in the public eye. You’ve just created another role for yourself
– you must monitor, monitor and monitor to make sure your firm is sticking to its
promise.
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| About the author |
John Standaloft is a business coach with a lifetime of business experience. He is also a master practitioner of neuro-linguistic programming, hypnotherapy and time-line therapy. Contact him in the event that you would like to explore in confidence what business coaching might do for you. |
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