Unique Selling Proposition

When I was in college back in the 90’s earning my marketing degree, the focus was on marketing tangible products rather than on marketing services. As a result, my understanding of unique selling proposition (USP) was based on marketing a product. In this post, we will focus on your USP for marketing services as a service professional.

The description for USP in one of my old advertising textbook is: The unique selling proposition, or the differentiating features, of every product advertised; a concept developed by Rosser Reaves of the Ted Bates advertising agency.

However, according to a recent article I read by Peter Vogopoulos, co-founder of Firepole Marketing, if you are a service provider, your USP is you. Peter says, “You are the only variable that cannot be replicated. Your competitors can have the same hours, offer the same products, get certified from the same place, offer the same result, same, same, all the same as you, but they can never be you.” Click here to read the entire article.

For nine years I have been scratching my head trying to figure out what is unique about our Internet marketing services. Why should someone retain our services rather than work with Billy Bob and Associates. I was working from the premise of what I learned at Arizona State University; marketing a tangible product.

According to Peter, we have to connect to our potential clients on a personal level. When we bring our true values and attributes to the table, someone will like us and be inspired to do business with us.

According to Bob Bly, who is the author of “World’s Best Copywriting Secrets,” that in addition to your intangible USP, your personality, service professionals also have a tangible USP. Bob says, “The tangible USP is the visible, quantifiable differentiator between you and your competitors. Because it can be seen, felt, described, and grasped, the tangible USP is the one you feature in your marketing copy.” You can read Bob’s article by going here.

So, based on the concept developed by Rosser Reaves if you are advertising/marketing a product, you have to come up with differentiating features as your USP. Peter Vogopoulos says be you, and Bob Bly suggests be you, as well as create a tangible USP for your marketing copy, which differentiates you from your competitors.

What are your thoughts on unique selling proposition? We would love to hear what you think. Leave us your comments below. Come back next week for more Internet marketing tips.

RJ’s Internet Marketing Services

 

What is Niche?

ritajoblack1

An interesting discussion was started on Twitter as to what is niche.  I have seen niche used to refer to a group of consumers with shared characteristics.  I have also seen niche described as a specialized service(s); for example, internet marketing.

Ten years ago, when I was in college, niche was described as a space in the market where the advertiser’s product or service will fit.  Merriam-Webster online dictionary definition is a place, employment, status, or activity for which a person or thing is best fitted.  Although marketing and advertising concepts and theories remain the same, the methods of delivery of advertising messages have changed.

These changes apparently have changed or gave new meaning to the word “niche” where now it can refer to a specialized service.  Join the discussion by posting your comment below as to what is niche to you.  I look forward to reading your thoughts.

RJ’s Internet Marketing Services
 

When Choosing Your Niche

ritajoblack1As an entrepreneur and/or small business owner, one of the decisions you make when starting your business is which portion of the market is going to be your niche. In order to choose your niche ask yourself, “where in the market will my products or services fit?” Has a new market been created, because of changes in technology or society, which has a potential demand that is not being met? Once you have answered these questions, you have chosen your niche.

In your niche, you will find people with shared characteristics (market segment). The factors (characteristics) that determine market segments are geographic, demographic, behavioral, and psychographic (attitudinal). Your advertising message and marketing strategy will be based on these factors.

It’s ironic how people are more alike than different. The aforementioned factors will affect how a group of people will behave. We tend to be creatures of habit, which causes us to be “sitting ducks” for advertisers and marketers. We leave clues, based on our needs, wants, and mental files, that tell where we live, how we shop, what we buy, and how we spend our leisure time. The same holds true for the market segment you choose to target with your products and/or services. They will have similar needs or wants and behave in similar ways.

In the market place, there is an area or subset where your products and/or services will fit (niche). In the market place, there is a group of clients who can use your products/or services (market segment). As an entrepreneur and/or small business owner with limited advertising and marketing budget, it is important to choose a niche, as well as a segment, in the market.

RJ’s Internet Marketing Services
 

Virtual Assistant Services for Small Advertising Agencies

If you are an owner of a small ad agency, you should consider establishing a business relationship with a Virtual Assistant (VA), especially if you have a small budget. Owners of advertising agencies and owners of virtual assistant businesses are similar; therefore, a Virtual Assistant understands and can anticipate your business needs. We both submit bids. An agency and a VA both respond to RFPs from potential clients. An agency’s and a Virtual Assistant’s services are billed hourly and generally are temporary. When a projected is completed, the job is over. We both work ourselves right out of a job. Ad agencies and VA businesses generally are small. According to U. S. Department of Labor, 68% of advertising agencies and public relations firms employ 1-4 employees. Majority of Virtual Assistant businesses are sole proprietorship.

We understand how time-consuming the daily mundane tasks can be. Generally these tasks are administrative in nature and can be delegated or outsourced to a Virtual Assistant. Examples of these tasks include bookkeeping, updating your website, setting appointments, placing phone calls, following up on e-mails, typing business documents, correspondences, etc. The time you save can be used to gain new clients and/or retain your current clients. A relationship between an agency and a Virtual Assistant has several advantages. When working with a Virtual Assistant, you only pay for the actual time used. Why pay someone for down time. There would be no need to pay a full-time salary or benefits. If the agency is limited on space, there would be no need to expand to accommodate an administrative assistant. A Virtual Assistant works from his or her office.

Being that advertising and Virtual Assistant industries are similar in many ways, we could establish a viable business relationship.

http://rjsinternetmarketing.com

 

Marketing Tool for Virtual Assistants

I recently discovered a valuable marketing tool for virtual assistants (VAs), which is participating in the forums of your target market. When you post your comments, your signature block can include your company’s name. However, in some forums the posts only have the person’s username as a signature, but your profile that you create on that forum is available if anyone wants to learn more about you and your company. If appropriate, your posts can be about the benefits of using virtual assistants or about the VA industry. Although more and more industries are become aware of the Virtual Assistant industry, many still do not know about us.

In addition to the possibility of promoting your business, you may learn some useful information. For example, I have a marketing degree with an emphasis in advertising; therefore, I chose advertising agencies as one of my target markets. Generally, they are a small business. According to U. S. Department of Labor, 68% of advertising agencies and public relations firms employ 1-4 employees. Participating in the forums of ad agencies, sales, and marketing has given me a refresher course in marketing in addition to learning new marketing techniques.

As a Virtual Assistant, participating in your target market’s forum(s) can be a valuable marketing tool for you, as well as provide valuable information. It doesn’t cost you anything but time.

http://rjsinternetmarketing.com