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  • Will You Add? - Why USPs Don't Work

    5 Big Questions to Ask Yourself: Do I Need Career Change?
    Enthused with your daily routine of work? Since “what we do” is wrapped up so compactly with “who we are” it is a natural starting point to look at our vocations for hints on what we need to address in our lives. When you answer these 5 simple questions for yourself, you can determine if you would benefit from working with a career coach.Do you feel passion for your job, your work, and your “part” in the “department”?A feeling of zest and enjoyment is not just for a few people. You’ve seen them in your workplace—always smiling, walking quickly, and happy to be doing their job. Does this describe you or are you living for break time, lunchtime, going home time? Meaningful work should fulfill at least some of your heart’s desires.Are you on the right path for your life?Examine how you got to your current job. Did you follow a natural progression of increased responsibilities based on accumulating experience i
    positions for their brand that would have worked like a dream, but then dismiss them because they're not “unique” enough.

    Some of the problems with USPs:

    Nearly every idea you come up with will have already been done, so struggling to find unique will be frustrating and wasteful

    You'll spend lots of time trying to invent something truly unique and if you do ever find it you'll never really know if it's u

    How to Make 5S Work - Part 2
    Even if most of your employees want to adopt the principles of 5S, active participation and total involvement in the program is the key to its successful implementation.If you do it right, you will not just benefit from smooth-running business operations, but also having highly-motivated employees eager to continue on with the change process.So how could 5S be effectively implemented? Based on my experience, the following steps are the key treads that would best guarantee the successful 5S implementation:1. Choose a department to start with. As 5S will use resources, you should begin somewhere where the payback time is shortest. Do it right so that you have a good example to set for the next. Duplicate. Replicate.2. Conduct 5S training workshops. In a production plant, the training involves all production personnel, maintenance, managers and staff.3. Treat seiri (sort/organization) as a ‘wa
    The USP (Unique Selling Proposition) is based on the assumption that if you can't be better than the competition then being different will usually suffice.

    It is true that most businesses scrape by in the midst of mediocrity. The bosses of these firms see an industry or profession that looks lucrative and join the ranks in a 'me too, I'd like some of that action', kind of way. If there's enough of a market for what they do then they'll pick up the odd client and eke out an existence without having to think or work very hard on their brand.

    Most of these companies make up the headlines of casualties when the market they're in gets tough and only the outstanding or well-positioned firms stay safe.

    So, the USP, in principle, enables the enlightened business owner to rise above the ranks and be noticed. This is usually achieved by:

    High Value Promises

    Guarantees

    Under Promising and Over Delivering

    Finding an under-serviced niche in your market

    I applaud and support this way of thinking and believe that high value promises, guarantees and aiming to delight clients are all important. I actually believe that these things should be the baseline for any business.

    So the notion of a USP is fantastic. There's just one tiny flaw...

    Finding your USP can be like the quest for the proverbial Holy Grail. You could end up spending inordinate amounts of money on research, product/service development and branding without ever really attaining a true USP. The quest to find 'unique' when 'relevant', 'outstanding' and 'decisive' are just as good can be frustrating and wasteful.

    I've seen people stumble upon some really great propositions for their brand that would have worked like a dream, but then dismiss them because they're not “unique” enough.

    Some of the problems with USPs:

    Nearly every idea you come up with will have already been done, so struggling to find unique will be frustrating and wasteful

    You'll spend lots of time trying to invent something truly unique and if you do ever find it you'll never really know if it's un

    Medical Billing - GP0 Record Fields 22 Through 33
    We're finally coming to the end of our review of the GP0 record for medical billing of claims via electronic media, using NSF 3.01 specifications. In this installment we'll be covering the last twelve fields, which is where most of the differences are between the parental nutrition CMN and the enteral nutrition CMN, which we reviewed previously when we covered the GE0 record. We pick up this installment with field number 22.GP0 field 22, positions 78 - 92, is the amino acid name. This is the field that tells the carrier the name of the amino acid that is being administered to the patient. This field must be filled in with the actual name of the acid. No abbreviations or brand names allowed.GP0 field 23, positions 93 - 96, is the amino acid volume. This field tells the carrier how much of the amino acid the patient is to receive per day, not per feeding, for parental nutrition therapy. This amount is transmitted in milli
    they do then they'll pick up the odd client and eke out an existence without having to think or work very hard on their brand.

    Most of these companies make up the headlines of casualties when the market they're in gets tough and only the outstanding or well-positioned firms stay safe.

    So, the USP, in principle, enables the enlightened business owner to rise above the ranks and be noticed. This is usually achieved by:

    High Value Promises

    Guarantees

    Under Promising and Over Delivering

    Finding an under-serviced niche in your market

    I applaud and support this way of thinking and believe that high value promises, guarantees and aiming to delight clients are all important. I actually believe that these things should be the baseline for any business.

    So the notion of a USP is fantastic. There's just one tiny flaw...

    Finding your USP can be like the quest for the proverbial Holy Grail. You could end up spending inordinate amounts of money on research, product/service development and branding without ever really attaining a true USP. The quest to find 'unique' when 'relevant', 'outstanding' and 'decisive' are just as good can be frustrating and wasteful.

    I've seen people stumble upon some really great propositions for their brand that would have worked like a dream, but then dismiss them because they're not “unique” enough.

    Some of the problems with USPs:

    Nearly every idea you come up with will have already been done, so struggling to find unique will be frustrating and wasteful

    You'll spend lots of time trying to invent something truly unique and if you do ever find it you'll never really know if it's u

    Lessons from Donald Trump and The Apprentice: A Career Coach's Perspective
    What can we learn about careers from watching Donald Trump and The Apprentice?1. Recognize that job tests don't always correspond to job realities.Hundreds of companies screen candidates through psychological tests, stress interviews, group interviews, role-playing and a whole lot more. Do these tests make sense?* Martin Seligman found that optimism often outweighed raw sales talent when he tested Metropolitan Life sales representatives.* Lawyers tell me that law school tests have little relation to what they do on a day-to-day basis, especially if they're litigating or negotiating.* And most of us would agree: The way we act during an interview or role play doesn't predict how we'll survive and thrive on a day-to-day basis.So we can't fault Donald Trump for creating elaborate scenarios that force candidates into roles they'll never need once they're safely inside real boardrooms.<
    eved by:

    High Value Promises

    Guarantees

    Under Promising and Over Delivering

    Finding an under-serviced niche in your market

    I applaud and support this way of thinking and believe that high value promises, guarantees and aiming to delight clients are all important. I actually believe that these things should be the baseline for any business.

    So the notion of a USP is fantastic. There's just one tiny flaw...

    Finding your USP can be like the quest for the proverbial Holy Grail. You could end up spending inordinate amounts of money on research, product/service development and branding without ever really attaining a true USP. The quest to find 'unique' when 'relevant', 'outstanding' and 'decisive' are just as good can be frustrating and wasteful.

    I've seen people stumble upon some really great propositions for their brand that would have worked like a dream, but then dismiss them because they're not “unique” enough.

    Some of the problems with USPs:

    Nearly every idea you come up with will have already been done, so struggling to find unique will be frustrating and wasteful

    You'll spend lots of time trying to invent something truly unique and if you do ever find it you'll never really know if it's u

    Decorate Your Business Strategy for the Holidays
    With holiday distractions just around the corner, what can you pro-actively do during this time to keep your business flourishing and maybe give yourself a little holiday bonus in the process? The holidays are a busy time for everyone. They can often be a big distraction when it comes to trying to get any real business done. Customers are crunched for time and money; employees start to have sugar plum fairies dancing in their heads and unless you are a retailer buying your product or service you may not be a top priority for people. Make this holiday season a prosperous one for your business by using the following tips:Given the constraints you know your customers and prospects are dealing with brainstorm a way to make their lives easier using your product or service. If there is not a direct link, how about throwing in a gift card for a massage to ease their holiday stress?Holiday cards are a great, personal and non-intr
    t one tiny flaw...

    Finding your USP can be like the quest for the proverbial Holy Grail. You could end up spending inordinate amounts of money on research, product/service development and branding without ever really attaining a true USP. The quest to find 'unique' when 'relevant', 'outstanding' and 'decisive' are just as good can be frustrating and wasteful.

    I've seen people stumble upon some really great propositions for their brand that would have worked like a dream, but then dismiss them because they're not “unique” enough.

    Some of the problems with USPs:

    Nearly every idea you come up with will have already been done, so struggling to find unique will be frustrating and wasteful

    You'll spend lots of time trying to invent something truly unique and if you do ever find it you'll never really know if it's u

    What Does the Point of Diminishing Return Mean?
    Advertising, what does the point of diminishing return mean?The point of diminishing return simply means that no matter how much more money you spend on advertising, your gross sales will only increase in small increment, if any at all.Below are some sample budgets for a single product showing how diminishing return can affect your profits and sales.Example 1 Product: Widgets Price: $100.00 Monthly Ad Budget: 2k Monthly Widget Sales: 30 Gross Revenue: $3,000.00 Less Advertising: $2,000.00 Gross Profit: $1,000.00Example 2 Product: Widgets Price: $100.00 Monthly Ad Budget: 3k Monthly Widget Sales: 35 Gross Revenue: $3,500.00 Less Advertising: $3,000.00 Gross Profit: $500.00Example 3 Product: Widgets Price: $100.00 Monthly Ad Budget: 4k Monthly Widget Sales: 40 Gross Revenue: $4,000.00 Less Advertising: $4,
    positions for their brand that would have worked like a dream, but then dismiss them because they're not “unique” enough.

    Some of the problems with USPs:

    Nearly every idea you come up with will have already been done, so struggling to find unique will be frustrating and wasteful

    You'll spend lots of time trying to invent something truly unique and if you do ever find it you'll never really know if it's unique anyway

    If you are unique then as soon as you start telling people the reasons why, somebody else will copy it and, alas, it is no longer unique.

    Most people realise the above as soon as they start looking and instead of doing the hard work they'll just slap a USP label on something that is 'me too' or mediocre.

    USPs feed money hungry textbook marketers with research, positioning and creative brainstorming projects. Then once somebody copies you it's back to the drawing board and they can get paid all over again.

    I want you to get the notion of 'unique' out of your head by replacing it with 'decisive'. We'll look at how to achieve this shortly but first, I'd just like to tell you about a guy who came on one of my first Lean Marketing(tm) Master Classes...

    Mister 73 USPs: A Warning

    This guy's firm provided training and coaching in performance improvement and change management. He had an MBA and reportedly knew lots about marketing.

    Just to set the scene...

    Throughout the first half of the day he'd managed to disagree with and antagonise everyone in the room, including his own business partner.

    He was quick to disagree and slow to explain his reasons why. We'd just started work on the “So What?” exercise when he said,

    “I know what you're doing. You're trying to help us find our USP. Don't bother, I've already got 73 of 'em.”

    I was surprised and impressed but not convinced, “73 USPs? Are you sure? Tell me about them.”

    Silence. The rest of the group were now all looking at him. He looked back with a look of concentration as he struggled to remember just one. He finally came back with, “Quality!”

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