Monday, January 28, 2008

Beyond the Unique Selling Proposition

I've discussed before the importance of the USP. Probably 90% or more of all businesses can't articulate their 'unique selling proposition.'

So just doing this step will put you leagues ahead of your competitors. But today, I'm going to go beyond the USP.

Let's call it a "graduate level" marketing strategy.

Here's the problem with ONLY having a USP, and going no further in your strategic focus...

At any given time, only about 3% of your total eligible buyers are buying right now. So you're fighting with your competitors for that 3%. A USP will help you greatly here.

But what about the other 97%? Since they're not buying right now, then a USP won't sell them, will it? What difference does it make if you sell the best widgets, if they're not looking for widgets right now?

This is where we get into what Chet Holmes calls the "Ultimate Strategic Position." It's an advanced form of the USP that helps you get "in" with the other 97% of the market, and secure them as customers or clients before your competitors even have a chance!

At this level, you're not peddling any products or services...you're offering information. You're building relationships. And along the way, you're positioning yourself as the only viable alternative.

Sounds pretty awesome, right?

I'm sure you'll want to read all about it. So check out Chet Holme's book "The Ultimate Sales Machine." I can't recommend it enough. It's at Amazon for less than $17. (That's not an affiliate link, by the way. Just giving you a head's up, which I know you'll appreciate.)

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