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ONLINE BUSINESS HELP

Unique Selling Proposition - Your Competitive Advantage!
By: Jase Dow
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    2005-01-14

    Table of Contents:
  • Unique Selling Proposition - Your Competitive Advantage!
  • Effective USP Components...
  • Many business owners...
  • What you really...

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    Unique Selling Proposition - Your Competitive Advantage!


    (Page 1 of 4 )

    To capture a larger market share and be viable, sustainable and profitable, you absolutely need to differentiate or distinguish your business, products and/or services from your competitors.In other words, you need to make your
    business special in the eyes of your customers and/or
    prospects.

    You can do this by creating what's called an Unique Selling
    Proposition or USP and then effectively convey that USP to
    your target market via your marketing efforts and business
    performance.

    This is particularly crucial if you're operating in a highly
    competitive market.

    ----------
    What Is An Unique Selling Proposition?
    ----------

    Your USP is the one thing or idea that sets your business
    favorably apart from your competitors'. It's a statement
    of Advantages you bring to your customers that differentiate
    you from your competitors.

    It's the focal point around which the success and profitability
    of your business is built and so you must be able to state it
    and fulfill it honorably and effectively. It's always stated
    in terms of the benefit it delivers to your customers.

    Think about this...

    "What's the one thing that makes your business unique and
    distinct? Why should people buy from you and not from your
    competitors? Do you promise great value, benefit or service?"

    Advantages could include factors like a broad range of product
    selection, superior customer service, highest quality, best
    prices, and so on.

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