A Unique Selling Proposition (sometimes called Unique Selling Points) is the set of qualities that separate a company’s brand, services, and products from those of its competitors. A USP allows a successful company to stand out in a crowded field of competitors, and keeps discerning customers coming back again and again.
Think about some of the world’s most recognizable brands and you can probably figure out their USPs. Apple Computers, for example, is known for sleek, state-of-the-art design, user-friendly products, reliability, innovation, and being a ‘cool’ alternative to the PC. Zappos, the online shoe retailer, is known for free, no-hassle returns and excellent customer service.
Imagine if either of these companies switched things up. What if Apple came out with a series of dirt-cheap laptops that didn’t have that unique Macbook style? What if Zappos stopped doing free returns on half of their products?
Chances are, customers would become frustrated, and many would give competitors a try; at the very least, this change would water down both brands. Those element customers had come to expect from Apple and Zappos—the specific USPs that helped them stand out—would no longer define either company: the very foundation of both brands would crumble.
So what makes you stand out among your competitors?
Wait! Don’t answer that question yourself. Even if you know your company and your products inside out, you’re really not the best person to answer.
If you want to know how the world sees our brand, you’ve got to ask the people who really matter—your customers! After all, they’re the ones who chose you over everyone else in the market. And even though you might think of yourself as the Apple or the Zappos of your industry, only the market can tell you whether that’s actually true.
Once you’ve identified what your customers want and why they buy from you, craft your marketing message around your USP.
For example, if customers love that your product is easy to use, stress that USP on your website, in your email campaigns, and in your paid advertising. If your service has a highly affordable price tag, make sure everyone understands how much value they’re getting when they buy from you.