Thursday, November 07, 2013

Smart Passive Income #86 & #87 - Unique Selling Point

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Pat explains the importance of a unique selling point (or proposition). In his words "find out what makes you stand out from the crouwd and milk it" ... which is actually a marketing strategy populare since the early 1940s.
  • make a concrete offer to the customers: "buy this for that benefit"
  • it needs to be unique in a sense that no competitor can or does offer it
  • it needs to be strong enough to attract new customers
Pat invited his readers to post their unique selling points, which he categorized into
  • stories as a USP
  • direct comparisions
  • the truth as USP
  • numbers as USP

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