Wednesday, April 16, 2008

Marketing Strategy - Spell Out Your Unique Value

I attended a Sales Focus seminar a few years back in which the speaker asked this key question. Why, based on all the competitive alternatives available to me, would I want to buy from you? What a great question.

Most of the participants in the room couldn t come up with anything beyond We ve only got experienced professionals on staff. ; We use proven methodologies. ; We ve got a reputation in the marketplace for delivering value-added services. or We re totally committed to our clients success.

To which the speaker replied, Excuse me, but who s not saying those things?

You must be able to clearly define what differentiates you from your competitors in the marketplace. If you re not clear, how can you expect your clients and prospects to be clear? In essence, you might as well be saying, Please buy from me what you might otherwise buy from someone else. Give me your money.

Your long winded description of who you are, what you do for a living and why you re so great will rarely attract your ideal client. If fact, you re probably more likely to drive them away.

We all know a lot of service providers who are out there trying to use this approach. Most of them are standing around commiserating with each other that it s tough out there , and people just aren t buying right now. What they don t understand is that without clearly articulating their unique value they re not giving prospective clients, who actually want and need their service, a chance to find them.

If you haven t spent the time to get straight on this concept for your business, then stop what you re doing and do this now. Trust me when I say that you re better off to skip the next networking meeting or postpone that next sales meeting to work on this step rather than continue on without it.

When done correctly, clear definition of your unique value becomes one of the most potent weapons in your marketing and sales arsenal.

How do you do this? Here s an idea. Start by truly defining who your ideal client is. Not some vague description of various types of clients you ve worked with in the past. Develop a solid profile of what your favorite, best, most ideal client looks like. Next, clarify what success in working with you would look like from the client s perspective.

Now answer this question, Why do you work? What is it that you are uniquely doing and why does that make it a better deal for the client? What do you do better, different, faster, more economically, with higher quality, with added benefits, with lower risk, or with a different spin? Be as specific as you can. Don t generalize or be vague.

If you really want to get tremendous value from this exercise then sit down with a handful of your ideal clients and share your results with them to get their input. Oh by the way just by doing this, you will be differentiating yourself from your competition because you re including your clients.

Once you ve got this clear definition of your unique value, you can use it throughout all of your marketing and sales efforts. To be effective, it must be authentic and real. Don t go overboard where you might over promise and under deliver. That could kill your business faster than anything else.

The more you re able to communicate your unique value, the more you ll be working with your ideal clients and providing them your services.

(c) - Kevin Dervin, KPD Marketing

About the Author:

Kevin Dervin is focused on helping small businesses that are ready to grow, but struggle with how to consistently attract more clients. Visit http://www.proven-small-business-marketing-solutions.com for more great marketing information you can put to use in growing your business today.

Find Kevin s Kansas City based KPD Marketing practice at http://www.ABCDgrowth.com and subscribe to his free ezine called ABCD Grow.



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