5 Critical Questions to Define Your Business's Unique Selling Point
James Doubtfire
I partner with Subcontractors to increase revenue by £1m in 12months.
Every business wants to stand out from the competition, but how do you achieve that? The key is to define your unique selling point (USP).
A strong USP can differentiate you from other businesses within your industry and attract new customers. So, what is a USP? It’s the factor that sets you apart from your competitors, the reason why customers should choose your products or services over others.
Defining your USP requires thoughtful consideration, and to guide you, we’ve put together five critical questions to help you identify and develop yours.
1. Why does your business exist?
If you can answer this question in a clear and compelling way, you’ve found your why. Your “why” should reflect your core values, beliefs, and purpose as an organisation.
Consumers often look for companies with a clear mission statement that aligns with their personal values. If your USP reflects your “why,” it will resonate with customers and create brand loyalty.
2. Why should customers choose your business over competitors?
Take a good look at your competitors and compare their offerings to yours.
What do you offer that they don’t?
This could be anything from price, quality, convenience, or customer service. Knowing what sets you apart from the competition is key to defining your USP.
3. Why do customers come back to you?
Loyal customers are invaluable. They are the backbone of your business and contribute to its growth and success.
Understanding why customers are loyal is key to building a unique selling point.
Identifying what keeps them coming back to you, whether it’s the quality of your products, the convenience of your services, or your exceptional customer service, can give you valuable insights into your USP.
4. Why do your employees love working for your company?
Your employees are an essential part of your business. They are the face of your brand and work hard to ensure customers have a positive experience. Happy employees can translate to happy customers. Understanding what makes your business a great place to work can be used to create a USP that promotes a positive company culture.
5. Why do customers feel connected to your business?
Creating an emotional connection with your customers is a powerful way to turn them into loyal advocates. Ask yourself, why do customers feel connected to your business?
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Your brand story, marketing, and social media presence can all contribute to creating a strong emotional connection with customers that strengthens your USP.
To finish...
Defining your USP is critical for your business’s success.
It’s what sets you apart from competitors, attracts new customers, and builds brand loyalty. Asking the five critical questions we outlined in this blog post can give you some valuable insights into developing a winning USP. Remember, a strong USP should align with your business’s values, differentiate you from competitors, create emotional connections with customers, and showcase your unique attributes.
Use these questions to create a USP that reflects your business's DNA and helps you achieve your goals.
Want help in defining your WHY?
Reply with the word 'WHY' and I'll let you in on a process which will have your WHY defined in no time!
I'm James Doubtfire from Build Your Message.?
The day-to-day operations and skills of a construction business are well understood by the team delivering them, but communicating this information concisely with customers or potential clients is not always easy.
We understand that frustration because we've helped over 1,000 construction business owners with this exact challenge.?
That’s why we created the Brand Originator Process.
This unique system combines our proprietary WHY-Based communication model which gives your people and your customer clarity on what your business does and how they will benefit from engaging with you.
This process helps teams engage one another changing mindsets along the way so that everyone feels part of the journey. The program is suitable for any organisation looking to start more conversations with decision makers and have an edge on their competitors.?
Our program includes online meetings, 121 meetings and worksheets will help you achieve clarity on where your business is right now, set targets, attract new customers and win bigger contracts both for now and into the future.
We’ll also provide access to our team of experts who can hone your message so that it resonates with the group or individual that needs to hear it most!
Fitness Industry Revolution Consultant, Health Seeker Navigator, Member Retention Evangelist, Podcast Host (YourDreamGym), author of Stick Around, former Rocket Scientist
1 年Great tips as always, thanks James!
James Doubtfire Well constructed piece here James. Great ideas.
Owner, Director at Buzz BD Ltd
1 年Love this James Doubtfire, great post
Portrait & Headshot Photographer, London.
1 年Thought provoking as always James
Racing Manager at BG Racing Syndicates, delivering fun, friendly and affordable shared racehorse ownership
1 年All sensible stuff and well put together - thanks James