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Your
unique selling point
If you've ever attended a marketing course or read a marketing book,
you will know one of the most important things your business must have
is a unique selling point (USP): there must be something uniquely special
about your product or service that your competitors cannot offer. Ideally,
you will have more than one USP.
This is relatively easy if you have a bricks and mortar business (ie.
a business that does not sell on-line). Your USP need only be unique in
your geographical market. But when you put your business on-line, you
must be unique across a much wider market - very possibly the global market
(unless, of course, your Internet business only covers the same market
as your bricks and mortar business).
In short, the chances are, you will need to modify or change your USP
when you start selling on-line. Moreover, you will need to ensure it is
clear to visitors to your web site.
How to determine or develop your on-line USP
-
Write down your off-line USP(s)
-
Visit the web sites of your competitors as well as similar businesses
around the world (you can use a search engine such as Google
or Yahoo to find them)
-
Determine whether your competitors offer a similar USP (in which
case it will not be very unique!)
-
Make a list of the other USPs your competitors offer
-
Now sit down with your staff and determine what on-line USP(s) you
can offer your customers. Brainstorming
can be a good technique. (You can also try out BrainStormer
software to help you brainstorm)
- Recheck your competitors immediately and from time to time thereafter
to ensure they really can't match you on this USP
Areas to consider for a USP
-
Synergies between your on-line shop and off-line shop(s), such as
opportunity to collect orders at your shop as well as via delivery
to the customer's door, after-sales service centres in your shops,
delivery from nearest shop rather than from central warehouse, etc.
-
More experience than competitors.
-
Trusted name: owing to lack of trust in the on-line world, people
are far more likely to buy from a name they are familiar with than
one they do not know.
-
Wider range of goods
-
Web site and customer service in multiple languages
- Lower price - but be careful with this one. Having the cheapest products
doesn't always work - and it's just too easy for a big, or well funded
competitor to offer cheaper prices than you.
Good luck!
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