Posted on

5 Considerations for Your Unique Selling Proposition

Unique Selling proposition hand-written for PROSAR blog

What are the unique characteristics that make your organization valuable to potential customers? If you had the classic 15-second elevator ride with a key prospect, what would you say to them?

Most likely you would struggle with a muddled sense of what your organization does but fail to present a cohesive and compelling introduction. How convenient it would have been if you were ready with a well-crafted Unique Selling Proposition (USP). A good USP accomplishes several objectives:

  • Differentiates your organization
  • Identifies the benefit(s) of dealing with your organization
  • Supports your brand
  • Engages the listener and creates interest

The concept of a Unique Selling Proposition goes back to the 1940s and has been used ever since to help marketers and salespeople focus on key statements that could influence potential buyers. Whether the buyer is a consumer or a business, and whether they’re searching for a service, a product or even an association to join, a USP can be instrumental in influencing their decision. Regardless of what you’re selling, the ability to communicate clearly and persuasively will help you be more successful.

A well-crafted Unique Selling Proposition is very powerful as it guides your marketing content and tone. It typically finds its way into your advertising copy. And moving beyond words, consider how you could incorporate your USP in processes and procedures, influencing the organization’s culture.

Here are five key points to consider when crafting your Unique Selling Proposition.

  1. Be Specific: You don’t have time for a backstory; immediately hone in on the benefits you offer that distinguishes your organization. Remember that the point is not simply to enumerate why your organization is good, but why it is UNIQUE. Specify what makes you ideal in comparison to others.
  2. Be Succinct: Clearly and quickly state your case. Your audience doesn’t need a description of how you do what you do (unless that is what makes you unique), however they do need sufficient context to determine any relevance for them. Include the context they need within your simple and short statement.
  3. Be Compelling: It’s essential that you grab them right away. What’s in it for them? If they don’t care, they won’t listen, not even for 15 seconds. Consider not only how your service/product is relevant, but how it will make their life better. Present it in a compelling manner to give your statement more impact and grab their attention.
  4. Be Consistent: Support your brand and organizational raison d’être. Not only does this make sense to positively position your organization, but if there is a disconnect between your USP and your established branding, or way of doing business, it can cause confusion and mistrust.
  5. Be Honest: You want your statement to have impact and even be a little dramatic, but this isn’t the time for hyperbole. If your USP is not genuine it will sound like a sales schpeel, and that won’t interest anyone. If prospects don’t feel they can trust you, they won’t be interested in hearing any further from you. (And don’t forget that if you are successful, you have to deliver on what you’ve promised.)

Your organization may require several USPs to effectively address distinct audiences for different services/products, or for different market segments. You won’t be able to be specific, succinct and compelling if you’re trying to talk to many different audiences at the same time. It would be more strategic, and successful, to customize your USP for each targeted market segment.

This can be quite a process and it may take some time to hone your USPs until you feel they properly represent your organization. After you have internal consensus, I suggest vetting your draft USPs with clients and suppliers. Do the hard work and you’ll be ready to start riding the elevators with anticipation of that perfect prospect to walk in. Admittedly, that may never happen. But you will be involved in sales calls and networking when you’ll definitely have the opportunity to succinctly and compellingly state your organization’s value. And you’ll shine — you know what they say, “Luck favours the well-prepared.”

Posted on

3 Considerations to Improve Marketing and Sales

Align your marketing strategy and sales development for greater success.

Sales is an integral aspect of any organization: manufacturers, service providers, member-driven associations, small business, bureaucratic enterprises… All organizations rely on a steady source of revenue to survive and grow. It is understood that marketing is an important aspect of creating awareness, positioning a brand and essentially creating a positive environment for sales to occur. Unfortunately, how marketing strategy and sales development successfully work together is often not fully considered.

The relationship between marketing and sales has long been a troubled one. Whereas they should be working together in synergy with the common goal of securing relationships to strengthen the organization, they are often actively at odds with each other, oblivious to each other, or embroiled in a cold war of secrecy and subterfuge.

The digitization of the business world and its business development processes has helped bring these two disciplines closer, and many software tools approach the two coherently. However, many organizations still seem to cling to the old ideology that promotes two separate silos with little connection.

To reap the rewards of harmonized marketing and sales efforts, keep the following three aspects in mind.

 

Marketing and Sales are Distinct Functions

Although I am stressing the importance of integrating them, it’s important to appreciate that marketing and sales have different functions. One focuses on creating awareness, positioning a brand and developing interest. The other is tasked with capitalizing on that interest and closing the deal. Some feel that marketing spends money and sales makes money. Admittedly, it takes resources to mount a successful marketing campaign, but marketing should be a strategic investment. (And, it is getting easier to monitor and track your ROI.)

The difference in approach may often be subtle, but worth respecting. Trying to sell to new leads will probably annoy and scare them away; whereas a well nurtured lead may always be a prospect unless you provide a timely and appropriate buying opportunity. Understanding the difference between the two disciplines guides the role each should play and how they can successfully work together to improve your business development efforts.

 

Marketing and Sales Should be Aligned

Although marketing and sales are distinct, they should not be isolated from each other. The old corporate structure had separate departments, often with little communication between the two. Internally it was more of a competition as to which department was most valuable to the organization. Fiefdoms and bureaucracy may have been affordable then, but with leaner teams and higher expectations in today’s fast-paced and cost-efficient business world, it is essential to have an aligned and harmonious process that attracts leads and nurtures them to be satisfied customers.

To align your marketing strategy and sales efforts, it makes sense to work backwards. Determining your sales goals and forecasted breakdown is a good way to start. From their you can better identify your target audiences and flesh out buyer personas. Understanding who you will be selling to provides a good foundation for determining your marketing strategy. Where and how will you engage your audiences, what are they interested in, how will you effectively communicate your advantages and benefits, what aspects of your brand will resonate with them… Key marketing decisions that will guide your content and creative start with considering the final sale.

Structuring how leads transition from marketing to sales, with a communication/feedback loop, will allow a seamless journey for your prospects and returning customers. There are many good software tools that assist you in structuring, implementing and monitoring the process. Many (e.g. SharpSpring) help you to automate the process and identify opportunities — making the process itself an active part of the solution.

 

Integrate Marketing strategy and Sales Plan

You’re no doubt aware that a smart strategy with SMART goals is a smart way to proceed — plan your work, then work your plan. Most companies have a sales plan, it may simply be targets, but they at least have a clear objective to aim for. Many SMEs have a budget for marketing, but fail to have a detailed marketing plan. And I’d wager that an exceptionally small minority actually have an integrated sales and marketing plan. So, how is an organization expected to develop sales and grow with little or no structured guidance?

Sustained growth is achieved and maintained with goals, processes and tactics in place. Defining the strategy and ongoing tactics to reach your goals, and then putting the processes in place is what separates successful companies. Going the extra step to create a joint marketing and sales process will distinguish you even further.

The simple solution to growth is marketing strategy and sales working in harmony with a coherent strategy. The successful implementation is not so simple — it requires a good deal of knowledge and a lot of work, on a consistent and ongoing basis.