Business’ Unique Market Positioning
Are You Overlooking the Most Effective Way to Market Domination?
If you are like most other businesses in the small and medium sizes, you do.
Probably, because for you, your business is “one of many” involved in similar market activities, and hence… the “same”.
For example, most real estate agents feel being one of many… real estate agents.
Great majority of builders considers themselves being good, reputable builders, who construct residential and commercial buildings to the highest of standards. Just like other builders do.
An average baker thinks that he bakes tasty breads and pastries, not unlike other bakers.
If you ask any of those three business owners, no doubts top performers in their profession or trade, why people should come to them, they don’t really know. Some will answer: “Because I’m a caring agent.” Or, “My homes are well finished and competitively priced.”
But, this is exactly what most of your competitors are saying! When you join them, you’re positioning yourself right in the middle of the pack. The chances that any of your prospective customers choose you are slim indeed. Why?
Because, you seem the same as the rest of the pack!
If you carry on like that, your only chance of survival, let alone growth, will be by promising your future customers more services, and accepting less money for it. Competing on prices and using expensive advertising to get your sales message in front of the increasingly sceptical prospects, is a sure way to financial disaster.
Unless you’re one of the “big boys” with a multimillion dollars budget. But, even they cannot afford to ignore the fact, that to profit and grow, you have to differentiate your business from your competitors. Ever heard the line: “The fresh food people.”?
Positioning your business as unique, is your key to trumping your competition and enjoying an unrivalled growth.
Now, you’re thinking: “How my business is different? After all, I build the same houses as many other builders. What’s different here?”
Well, if you really are a good builder, on the way to the lock-up stage you do many stand out things. Firstly, you take great care in preparing the foundation, by using the highest density styrofoam available, assuring minimal structure movement. Secondly, you’re using only cypress pine timber to erect the frame, making it termite-proof. Thirdly, the clean water grid plumbing is made using exclusively copper pipes, for maximum longevity and trouble-free use. And the list goes on, and on…
Summing up, during all stages of construction, you’re using materials of higher quality, and taking greater care than the commonly accepted “standards”.
Don’t you think that your prospective customers, carefully considering whom to entrust their hard earned money, would be interested to know all that?
You bet, they would!
By telling them even a part of what you do better, as your standard procedure, you’d no doubt tip the scales in your favour.
Understand this: what is an “obvious” thing for you to do, is often much more than the public expect. And when you exceed their expectations, you’re a winner!
Just tell them how you’re different than the rest of your competitors and what it means to the customer. Then, wait for the profits to roll in.
Positioning your business as unique gives you instantly high visibility in the marketplace, not to mention the status of the industry’s pre-eminent force in customer care. Whoever tries to imitate you, will always come second. A copycat, never being able to wrestle away your first place.
Be warned, however!
Creating a unique market positioning for your business requires a special skill set, that most business owners and managers don’t have. Well crafted Unique Sales Proposition (USP), as it’s called in the marketing jargon, can accelerate your profits faster than you’d ever imagine.
Badly conceived one, will make you look gimmicky and sounding phoney. One step away from a reputation failure.