Value Proposition / Why? & How?

Give your customers a good reason to buy your product / service with a solid Value Proposition. Here is a short presentation that teaches you how to do it.

Transcript

1. Why should I choose to buy your product or service, and why now? “ ”
2. Value Proposition Let’s talk
3. “A business or marketing statement that summarizes why a consumer should buy a product or use a service.”
4. Value Proposition Positioning Messaging Output (Touchpoints) The promise that differentiates you in the market The high-level promise you convey customers How you (creatively) communicate your position Where your messages are conveyed a key element in developing a great marketing strategy
5. Biggest challenge?
6. Testing / Measuring a Value Proposition Identifying an effective Value Proposition Expressing a Value proposition clearly
7. ? How do you get started
8. excersice Build a 2 sentence proposition
9. For our that Fill in the blanks . Unlike our product because our . who Target Customer Sentence of Need or Opportunity Product / Service Category Statement of Benefit Primary Competitive Alternative Statement of Primary Differentiator Proof of Benefit Sentence 1 Sentence 2
10. A light-hearted example Although this is tounge-in-cheek, it demostrates how it can be used
11. a commuter [Target Customer] For wants to eat breakfast on the train without mess, [Scentence of Need or Opportunity] who BrekkieBar* product is a health food, which provides a completely nutritious and delicious breakfast our [Product / Service Category] you can eat anywhere. that [Statement of Benefit] Sentence one *fictitious product
12. grain bars and breakfast cereals, [Primary competitive Alternative] Unlike BrekkieBar* tastes like a full English breakfast, but has no fat and no calories, even the wrapper can be eaten leaving no waste [Statement of primary dirrefentiator] our product our unique combination of innovative use of genetically modified foods and bio-engineerd plastic packaging. because our [Proof of benefit] Sentence two *fictitious product
13. “I married her because she was exactly like every other girl I dated” You never hear anyone say: Try to be unique
14. “So What? the test ” Try your value proposition out on colleagues, employees – and most importantly, existing and potential customers. If the response to your value proposition from a prospective buyer is “So What?”, you know that it’s not strong enough. Did it describe tangible or measurable benefits that are truly of concern to that consumer or business person?
15. Need a hand? To produce a concise, convincing value proposition is not a trivial exercise. When we do that with our clients, it’s based on analysis of their company, its products and services, their competitors, and the market they’re operating in. At Lysholm we are a team of communication specialists seeking to help and guide our clients through the fragmented communication and marketing landscape. We provide a variety of services including: online and offline advertising, integrated strategic marketing, graphic design, brand consultancy, market research and strategic planning. We are committed to always be close to our clients, as we believe that service is the most important part of the client/agency relationship. Cris Anthony Hödar - Strategic Director ch@lysholm.dk