
How An USP Can Help Your Online Business In A Crowded Market
USP is Unique Selling Proposition. Wikipedia describes it as such:
“The Unique Selling Proposition (also Unique Selling Point) is a marketing concept that was first proposed as a theory to explain a pattern among successful advertising campaigns of the early 1940s. It states that such campaigns made unique propositions to the customer and that this convinced them to switch brands. Rosser Reeves of Ted Bates & Company invented the term.”
USP is used for anything that helps a product or service stand out in a crowd. The letters are everywhere on the internet; a Google search on USP will come back with 21 million pages. Business should use USPs as their marketing campaign foundation. With all this attention spent on USP maybe it is something that you shuld do also. Unless you have one already, which means you are ahead of the game, you should work on yours rigt now. The survival of your company will depend on it.
If you do a search on your product or sservices, you most likely find many competitors. How does your client or future sponsor pick you out of the crowd? Lets take an example. You belong to a MLM business. The company has hundreds and thousands of sporsors. All these people competing for the same market. What will make you different thsan any other? Your USP separates you from the competition and your marketing will get your story out.
Some questions to answer before you develop your USP for this business. Your clients have problems; do you know what it is? How can you solve it? Why do you think you can solve it? How is your advertising different from all the others that they se everyday? Going through this exercise will help you indentify your market and how you can help them. Your USP can be the foundation for all your marketing ideas. The more you align your USP to your marketing the stronger the pitch and more customer leads you will get.
I never developed an USP for my business while owning and operating an architectural firm for over 20 years. I was not concerned if they used my services or not. I did not need to advertise. I never worried about differentiating myself from my competition. My clients may have known based on my service and the completion of their project but no one else. The competition for architectural jobs was relatively low.
Your network marketing business is in an ocean of competitors that want the same prospects you want. What will you offer that is different? Your competition can have an advantage over you if they have had their own success to draw from. Your unique talents and services are what you will use to stand out. Your USP should have benefits that are different from your competition. As your team and successes grows you will be able to use it in your USP.
Unique Selling Proposition is not meant to be done once and never again. The market place does not stand still forever; it is always changing and adjusting to out do the other marketers. As your market matures or changes so does your USP to match. The market will tell you if you USP is relavant or not by how it spends its dollars. Be ready to change with the makret.
About the Author
The secret to amazing Networking marketing success can be experienced for $1.00. Click here to learn more: Michael Smith’s Millionaire’s Game Plan The marketing techniques of Top Earners is available to you. Learn how to market effectively to attract motivative leads using articles, blogs,
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