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Dig in and create your value
propositions already!
Why do you need value propositions?
• Quickest way to define what you do/clearest way to
understand what you do (awareness & understanding)
• Creates differentiation for your brand
• Targets the right audience
• Guides your marketing activities
• Identify your persona
• Profile your persona + Pull out their motivators
• Define what problem(s) you solve for them
• How are you the first? The only? The best?*
• Craft your VP
• Test!
• Use it to guide your marketing messages and strategies
*From “The Member Guide”
• What is it NOT?
• Tagline
• Positioning Statement
• Your mission/vision
• Product Description
• What is it?
• a simple statement that answers why a customer should
choose to do business with you (product/service)
• Ways to group personas:
• Occupation
• Generation
• Geography
• Levels of experience
• Based on decision-making
role
• Buying preference
• Things to include:
• Goals and Values
• Sources of Information
• Gender/Age/Location
• Challenges/Pain Points
• Possible
Objections/Roadblocks
• Role in the process
View this video & more at FIVEONES.COM/HIGHFIVE
EXAMPLE
PERSONA
A feature is something that is a
component of a product or service.
When you mention a feature, the
prospect is on their own to figure out
how they will benefit from that
feature.
A benefit is something that
concisely conveys to a prospect the
value they will receive. It answers
the most important question
someone asks before parting with
their money: “What’s in it for me?”
EXAMPLES
• FEATURE: Food-grade stainless steel
• BENEFIT: strong and durable
• FEATURE: dual-walled and vacuum-
sealed
• BENEFIT: keep the beverage’s
temperature consistent for a long
period of time
• FEATURE: opportunity to network with
your peers at events
• BENEFIT: Solidify existing relationships
and find new connections at
networking events
• FEATURE: We offer innovative,
continuing education webinars
• BENEFIT: Improve upon your existing
skill sets
• 3 elements:
• A headline that captures attention with one main idea
• A descriptive sentence that backs up your headline
• A short list or paragraph that further explains what you offer
• What makes it effective?
• It’s short! (See bullet 1 above)
• Brings in features/benefits
• Solves a pain point
• Answers “WHY?”
QUESTIONS?
Thank you!

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Dig in and create your value propositions already for slide share

  • 1. Dig in and create your value propositions already!
  • 2. Why do you need value propositions? • Quickest way to define what you do/clearest way to understand what you do (awareness & understanding) • Creates differentiation for your brand • Targets the right audience • Guides your marketing activities
  • 3. • Identify your persona • Profile your persona + Pull out their motivators • Define what problem(s) you solve for them • How are you the first? The only? The best?* • Craft your VP • Test! • Use it to guide your marketing messages and strategies *From “The Member Guide”
  • 4. • What is it NOT? • Tagline • Positioning Statement • Your mission/vision • Product Description • What is it? • a simple statement that answers why a customer should choose to do business with you (product/service)
  • 5. • Ways to group personas: • Occupation • Generation • Geography • Levels of experience • Based on decision-making role • Buying preference • Things to include: • Goals and Values • Sources of Information • Gender/Age/Location • Challenges/Pain Points • Possible Objections/Roadblocks • Role in the process
  • 6. View this video & more at FIVEONES.COM/HIGHFIVE
  • 8. A feature is something that is a component of a product or service. When you mention a feature, the prospect is on their own to figure out how they will benefit from that feature. A benefit is something that concisely conveys to a prospect the value they will receive. It answers the most important question someone asks before parting with their money: “What’s in it for me?”
  • 9. EXAMPLES • FEATURE: Food-grade stainless steel • BENEFIT: strong and durable • FEATURE: dual-walled and vacuum- sealed • BENEFIT: keep the beverage’s temperature consistent for a long period of time • FEATURE: opportunity to network with your peers at events • BENEFIT: Solidify existing relationships and find new connections at networking events • FEATURE: We offer innovative, continuing education webinars • BENEFIT: Improve upon your existing skill sets
  • 10. • 3 elements: • A headline that captures attention with one main idea • A descriptive sentence that backs up your headline • A short list or paragraph that further explains what you offer • What makes it effective? • It’s short! (See bullet 1 above) • Brings in features/benefits • Solves a pain point • Answers “WHY?”