You have a highly creative
marketing team. Reliable products or
services. Modern marketing and customer
service tools at your fingertips. That’s
all you need to create a strong brand and responsive marketing, right?
You’ll probably do well, yes, but
unless you also have a strong unique selling proposition (USP), you could do
even better.
Unfortunately, if you have
competition, you can’t just count on being the best. Best is relative. Best is the same as all your other worthy
competitors. To stand out in your
industry and to be remembered by consumers, you need to be different. You need to highlight what it is that you do
that no one else does.
If you’re not doing that now, get
started.
How? First, identify what makes your company
unique. This can be tough. After all, you likely offer the same things
as just about every other company or organization in your market. Think about your four “Ps”: your product
characteristics, price structure, placement
strategy (location and distribution), and promotional strategy.
,
suggests in her article, “The One Marketing Tool You Can’t Afford to Ignore,”
DMNews.com, June 2, 2014, asking yourself
these questions:
- What void in the marketplace can you
fulfill?
- What can you guarantee about your
product or service?
- What do people hate about your
industry that you can fix?
- What niche do you or can you service
that will differentiate you from others in your industry?
Consider also what you do--or could
do--that your competitors don’t. It may
have more to do with an experience than a product itself. Consider the company Man Crates. It sells gifts for men and ships them in
wooden box crates that need to be opened by a crowbar!
Whatever it is that makes your
company different from your competitors, embrace it and share it with the
world. Reference that uniqueness on
every marketing effort. Live it and
enforce it with enough frequency that people--customers and prospects
alike--automatically associate your company with that particular benefit.
Don’t just be good.
Be different.
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