A strong, distinctive value proposition (UVP) will be your first move towards excellent marketing. Learn to write one using actual examples.
The decision to buy something isn’t only about quality and price. Emotions are also an integral part. As the owner of your business, your unique value proposition (UVP) will help to connect with your customers on a deeper level.
This guide will help you learn step-by-step directions for creating your UVP, along with advice from both operators and entrepreneurs on creating a powerful UVP that is a hit with the people you want to reach.
Table of Contents
What is the most distinctive value idea?
A distinct worth proposition provides a simple declaration of the reasons why a customer should select the product you offer over your competitors.
“Your Value proposition will be greater than the service or product,” says Dan Demsky Cofounder as CEO and cofounder of Unbound Merino, in his guide to developing an UVP. “You’re basically saying, ‘This purchase will meet your expectations and address the issue you’re trying to solve.'”
It’s crucial to understand what an UVP isn’t:
- It’s not a slogan or a catchy slogan.
- The document isn’t an internal one, like an objective statement or a positioning statement.
- It’s not a generic sales pitch.
Instead, a robust UVP provides potential customers with three important insight:
- 1. What are the products or services your business offers.
- 2. The reason they require it.
- 3. What is the difference between your product and other competitors.
Why your unique value proposition matters
- Increase customer confidence.
- Examine business ideas.
- Marketing strategies to guide.
An official value proposition document provides numerous benefits that are crucial to your company.
Create confidence in the customer
A clear value proposition will help customers know why your product is suitable for your customers. When you incorporate this into the marketing collateral and the customer experience, you
- Aid customers in making informed choices.
- You can give them confidence in the purchase..
- They could be turned into brand ambassadors.
Dan puts it this way: Dan states, “Our job is to assist customers to understand the various levels of value they’ll get and the rewards they’ll enjoy directly from purchasing from our site.”
Assess business concepts
Your UVP isn’t just for your customers, it’s an excellent tool for evaluating the potential of new ventures in business. Hud Oberly, the founder of Here’s 2 You and Here’s 2 You, discussed his experience on the Shopify Masters podcast about how the company uses its UVP to get critical questions answered:
- Why is my company the ideal vessel for this idea?
- What qualifies me as a unique candidate to offer this idea?
“If I’m unable to answer these questions, I should probably not do the task,” Hud explains. “But when I’m able to solve them, let’s move forward.”
Marketing strategies to guide
Although creating an UVP isn’t a specific marketing task by itself, it has a significant impact on nearly every aspect of marketing decisions, from packaging design and layout to posts on social media. A value proposition that is well-crafted should be a guiding principle that helps keep your marketing team on track and constant.
Your 6-step UVP development process
- Write down your service or product’s advantages.
- Study your clients.
- Find out about your competitors.
- Determine the core job of your product.
- Make sure you write your UVP.
- Examine your UVP.
The process of creating a distinctive value proposition is all about knowing the things you excel at and what your customers want and what makes you can stand from the crowd. When you dig into your business and understanding your customers’ needs, you can create a compelling value proposition that clearly speaks to the reason why people should choose your company.
1. Write down your service or product’s advantages
Begin by understanding the benefits, features and benefits (FAB) exercise. It is a powerful method to uncover your product’s worth. This method helps you go beyond features that are merely visible to see the real value of your clients.
Each of your product’s service’s capabilities, look into:
- The particular aspect.
- What does the feature do (its benefit).
- The reason a prospective customer would really appreciate it (the benefits).
- For instance running through the FAB exercise for a headphone brand could reveal the following:
- The ear pads are cushioned.
- Advantage A more relaxing listening experience
- Benefits: More, longer and longer, more pleasant audio session, without discomfort
This activity forces you to think outside of mere specs and think about the practical and emotional needs the product is addressing.
2. Find out about your customers
“Get acquainted with your clients as much as you can,” advises Dan. “That’s the most effective way to focus your business’s value proposition.”
Market research isn’t just a checklist to mark off, it’s your competitive advantage. Get beyond the superficial market data and dive into understanding the motivations of your customers.
Effective strategies for customer research:
- Conduct comprehensive market research.
- Have a conversation with customers about their experience purchasing.
- Examine the emotional factors that drive their decisions.
Dan shares a helpful suggestion: “Surveys can help, however, talking to real customers using Zoom or via phone calls is the best method to gain insight from their experiences.”
Uncovering hidden motivations
Customers seldom share the whole story upfront. Although someone may say they require headphones to music while at work, the real reasons tend to be more complex:
- Reducing distractions in an office with a lot of noise.
- Increased productivity.
- Feeling more at ease with their working environment.
- Beware of the frustration caused by poor-quality audio.
Understanding the underlying requirements transforms your strategy from selling services or products to tackling issues.
3. Study your competition
Competitive research goes beyond an ordinary comparison. It reveals what your product could do to create a competitive advantage on the market. If you’ve found an unimaginable need for customers however, it’s unlikely that a product has already met this need in the exact same way.
Approach to Competitive Analysis:
- You should identify at least three famous competitors that your customers might be interested in.
- List the features of each competitor and strategies for marketing.
- Find gaps that are significant in the market, allowing you to pinpoint your distinctive selling point.
Think about the market for headphones If you’re aiming at Apple users using an application that uses Bluetooth there are significant obstacles in battling AirPods that are essential of Apple’s ecosystem.
If the benefits you can see are similar to those of your competitors, look beyond the surface features. Think about the less tangible benefits that set your business distinct, like the unique experience your customers get. If your product makes customers feel a distinct difference from the competition, then that’s an attractive value offering. Perhaps it’s the trust your brand creates, the feeling of belonging you can create and the feeling of connection that customers feel when they interact using your service.
4. Determine the core job of your product’
Dan suggests Dan suggests the “jobs to be completed” framework of Strategyzer as part of their Value proposition Canvas. “Think that your business is a tool assigned to complete a certain task,” he explains. Think about: “What exact problem am I solving for my client?”
This strategy may sound a bit odd but it is a great way to bring clarity. When Dan created his Unbound Merino, this meant that they didn’t sell fashion, but solved a traveler’s difficulties with packing.
Example: Unbound Merino’s job:
- It’s not a fashion statement.
- A practical solution for travellers.
- Reduces the need for luggage by using the use of odor-resistant, multi-wear clothes.
When you present your service as a service hired to complete a task that goes beyond the capabilities to meet real requirements of the customer.
5. Make sure you write your UVP
Following the exercises you’ve completed You’ll have gained important knowledge concerning:
- Your product’s unique strengths.
- Your customers’ deepest needs.
- How do you stand out in the marketplace.
- The next step is the most difficult – transforming all this information into one, powerful sentence.
Do not set out to achieve perfection right away. Begin by writing a long version that is able to convey your main worth, and then make it a concise that is a direct message to customers. The initial draft could be a sentence that encourages the need for more concise messages.
Tips for creating your UVP:
- You must focus on the specific issue that you have to solve.
- Find out what sets you apart.
- Communicate directly with your clients’ most important requirements.
- Beware of the jargon of the industry.
- Be clear and convincing.
6. Examine your UVP
The process of creating your UVP isn’t a simple procedure. It is important to test it in order to make sure that it is a hit with your intended group of customers.
Distribute the UVP draft with current or prospective customers during interviews, or collect more quantitative data by trying different variants of the UVP on product pages, or PPC campaigns and the appropriate landing pages.
4 real-world unique value proposition examples
- Unbound Merino Simple life through clothes
- Onsen: Turning routine into ritual
- Ember: Savouring every sip
- Pela Sustainable living as a lifestyle choice
A compelling value proposition can change how people perceive your product. These examples from real life illustrate how successful companies transcend the features and tell a compelling story.
1. Unbound Merino Simple life through clothes
UVP: “Wash less. Wear longer. Simple your life with our top-selling 100 ultrafine Merino Crew.”
“We sell t-shirts as well as other top quality merino clothes,” Dan explains. “But the thing people are buying is simple more washing and a simpler life.”
The power of this UVP is its capacity to transform an ordinary clothing item into a life-style solution. Instead of focusing on the quality of fabric or style, Unbound Merino speaks directly to a universal need: simplifying life.
2. Onsen: Turning routine into ritual
UVP: “Supremely soft, quick-drying towels designed to transform routine into a ritual.”
Onsen is a remarkable place to be, reimagining the bathroom as a luxurious experience. On its homepage, it boldly states: “Your at-home spa awaits.” This isn’t only about selling towels, it’s about changing an everyday chore into a time of self-care.
3. Ember: Savouring every sip
UVP: “Now we can take a sip of our cup of coffee.”
The process of creating an UVP to market a new product that is in an area that is growing requires an entirely different approach. Instead of trying to compare your item with your competitors, you must explain to customers why they should purchase your product.
Ember the maker of “the world’s first temperature-controlled mug,” accomplishes this brilliantly by using the UVP: “Now we can enjoy our coffee.”
The mug is more than just keep drinks warm, it promises “the perfect temperature each time.” However, the true benefit goes much deeper. Ember can provide:
- Consistent drink temperature
- Improved drinking experience
- Elimination of coffee-related frustrations
Customers aren’t buying just the cup. They’re buying the freedom to drink their drink in the way they like anytime they want.
4. Pela Sustainable living as a choice for a lifestyle
UVP: “Beautiful design, without guilt.”
Pela produces bioplastic-based phone cases that can be composted However, they’re selling more than just an accessory. “The product is the phone case. The benefit is that it gives consumers the opportunity to be more sustainable and lessen their carbon footprint” Dan says. Dan.
Their website boldly proclaims: “Remove plastic from your daily life. It’s bad for the environment and worse to you.”
The most important elements of Pela’s strong UVP:
- Impact of concrete on the environment: Defended plastic bags containing 92,407,579 from getting into waterways for waste
- Inclusion language: using “together,” “we,” and “our”
- Social proof from reliable sources such as BuzzFeed: “This iPhone case is a greener alternative to the other cheap plastic models that are available.”
Through the use of words such as “together,” “we” and “our,” Pela equates the purchase of a phone case with joining an environmental movement. As Dan says, “While you’re selling a physical product but what your customer really wants is the feeling of satisfaction that comes from being a world citizen.”
