Crafting a marketing plan

Craft a USP to stand out: What makes your product/service unique?

Overview

A Unique Selling Proposition (USP) is an important part of any marketing plan.

It is a statement that describes how your product or service is different from your competitors and why customers should choose you.

It is important to create a USP that is unique and memorable, as it will help you stand out from the competition and attract more customers.

Two well-known global brands that have used this strategy are Apple and Nike.

Apple’s USP is “Think Different”, which emphasizes their commitment to innovation and creativity.

Nike’s USP is “Just Do It”, which encourages customers to take action and be active.

How to

Creating a USP is a collaborative process that involves multiple stakeholders.

The first step is to identify the key features and benefits of your product or service.

This will help you determine what makes your offering unique and how it can be used to differentiate you from your competitors.

Next, you should brainstorm potential USPs.

This should involve input from all stakeholders, as different perspectives can help you come up with more creative ideas.

Once you have a list of potential USPs, you should narrow it down to the one that best captures the essence of your product or service.

Finally, you should test your USP to ensure it resonates with your target audience.

This can be done through focus groups, surveys, or other market research methods.

Once you have validated your USP, you can use it in your marketing materials to help you stand out from the competition.

Best Practices

  • Identify the key features and benefits of your product or service.
  • Brainstorm potential USPs with input from all stakeholders.
  • Narrow down the list to the one that best captures the essence of your product or service.
  • Test your USP to ensure it resonates with your target audience.
  • Use your USP in your marketing materials.
  • Be creative and memorable.

Examples

Here are two potential USPs for everyday small businesses:

  • For a bakery: “Freshly Baked Goodness – Every Day”
  • For a pet grooming service: “Pampered Pets – Professional Grooming with a Personal Touch”
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