A couple of weeks ago during a training workshop I was covering a crucial business topic: your “positioning statement”, also known as “value proposition”.
Here’s a short video where I go over the basics and how you can use it on your website and to test your marketing campaigns to ensure they’re on point:
How to Use Positioning Statement (aka “Unique Value Proposition” aka “UVP” aka “USP”) on Your Business Website.
This is the format I prefer to use:
We help THESE PEOPLE…
Solve THIS PROBLEM… (or Get THIS RESULT… )
By doing THIS…
So that THEY CAN…
This format of value proposition I use here is strongly influenced by Chapter 4 “How to Talk About What You Do” of Michael Port’s “Book Yourself Solid” – I highly recommend reading that if you’re in any kind of service industry.
Note that the original source may be far older than Michael Port’s book. Michael Skok of mjskok.com writes “It is intentionally typical of positioning statements to be consistent and reusable as such”
Skok has written a number of articles on Value Proposition for Forbes and other top level publications. His version looks like this:
For (target customers)
Who are dissatisfied with (the current alternative)
Our product is a (new product)
That provides (key problem-solving capability)
Unlike (the product alternative)
Philip Morgan of Philip Morgan Consulting introduced me to another variation which is a combination of the above:
We help THESE PEOPLE… solve THIS PROBLEM…
Unlike OTHER (describe people in your industry), we do UNIQUE THING …
So for me, that now reads like this:
I help consultants, speakers and published authors to increase their sales.
Unlike other marketers, I focus on customer lifetime value optimization before focusing on conversion optimization.
Let me know what your value proposition is in the comments, or on social media.