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How to differentiate your business
from the rest of the pack
Speaker:
Fiona Spencer
@ciminfo_sw
@fionaspencerltd
#GrowGlos16
The Chartered Institute of Marketing
Supporting the development of the marketing profession
• Professional Marketing Qualifications
• Marketing Expert
• CIM Library
• Practical Insights Webinars
• Chartered CPD Programme
• Mentoring
• Sector Interest Groups
• Learn Local Events
GROWING GLOUCESTERSHIRE CONFERENCE
2016
HOW TO DIFFERENTIATE YOUR
BUSINESS FROM THE REST OF
THE PACK
Shout the loudest
…at the wrong people
…with the wrong message
DIFFERENTIATE
Finding that elusive USP
USP – a caveat
UNIQUE
Being the only one of its kind;
unlike anything else
Call it as you see it
OFFER
PROPOSITION
DIFFERENTIATE
Keep It Simple
Value Add
A value proposition is a promise of value to be delivered.
It is the primary reason a prospect should buy from you.
RELEVANCY
Explains how your product solves customers’ problems or improves their situation
QUANTIFIED VALUE
Delivers specific benefits
UNIQUE DIFFERENTIATION
Tells the ideal customer why they should buy from you and not from the competition
A different approach to difference
“People don’t buy what you do,
they buy why you do it.”
Simon Sinek – “Start with Why”
A different approach to difference
Classic USP
DIFFERENTIATE
So what does make you different?
One of the most overused words
Smooth
Fruitful
Can you believe it was in 2001?
Just because you can make it…
Context is key
Understand your market
Know your competition
Being first
One amongst many
Market Map
Market Map
Keep watching
Customer Needs Wants Behaviours
Targeting
Tough to be different for everyone
You can’t please all of the people..
Market matchmaking
The nuances of niche
The nuances of niche
The nuances of niche
The nuances of niche
The nichiest of niches
OFFER
PROPOSITION
So what’s the offer?
So what’s the offer?
So what’s the offer?
“Shawbrook is a specialist UK lending and
savings bank founded in 2011 to serve the needs
of SMEs and individuals in the UK with a range
of lending and saving products.”
So what’s the offer?
“Slack is a workplace productivity and messaging app. It’s
deceptively simple to use, yet robust enough for large teams
working on complex projects”
So what’s the offer?
“Pink Ladies provide safe transport for women
Pink Ladies guarantees a lady driver
We employ a "Through the door" policy
We don't use cash in the cars providing safety for the driver
Prepay and book, no cash needed to get home safely”
Yeah whatever
What makes you different
Shout or whisper
Get the message right
Tell it to the right people
Reinforce
DIFFERENTIATE
Brand add
Simple consistency
Pack performance
Engagement engages
The email included a video.
A 25 second video narrated by Dave who was working on my car. It showed what issues
he had found and what he was going to do.
It ended with a lovely thank you and a 'have a great day message'.
I actually said 'Thanks Dave' to my computer. It made me smile - so so simple.
The video was also embedded in a page where I could see all the work being
recommended as a checklist - and where I could select what to go ahead with today
(brake pads) and what I needed to be aware of in the future (tyres).
Thank you Stratstone.”
Luan Wise blog
“My car was serviced today.
Not overly exciting news to share I know, but half
way through the day I received a phone call to tell
me how things were going and that an email had
just been sent to confirm the details.
The right place at…….
On trend
Virtual virtuosity
A proper proposition
“What We Do
Since 1955, we've offered simple products that simply work. It's always been that easy.
We value locally made and USA made products
We honor the past and respect tradition
We sell low-tech items in a high-tech world
We carry what others don't
We stock non-electrical products that are dependable and reliable”
Think outside the… (cliché alert!)
With thanks to Dave Trott & Campaign Magazine
DIFFERENTIATE
How to Stand Out From Competitors With Unique Value Proposition

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