we have been hearing four years that a successful business needs to have a
USP (unique sales point). The problem is that most businesses find
difficulty in identifying what their USP is. And even if they have a
USP, eventually they find their competitors doing the same thing.
So
instead of losing sleep wondering what your USP could be, far better to
think about what your ESP (emotional sales point), could be.
Your ESP is about how your customers feel when they deal with you. How they feel when they use your product or service.
A
USP could be - "We have a 24 hour delivery service" The ESP would be -
"You'll be enjoying our product the day after ordering it"
A USP - "Our prices are very competitive" The ESP - "You'll feel you've received value for money if you buy this"
As all good sales people know, we don't sell a feature (USP) we sell a benefit (ESP).
Customers
don't buy Nike clothing because there made from quality materials, they
buy Nike because they want to feel like Tiger Woods on the Golf course
or Andre Aggasi on the tennis court.
They don't buy Microsoft products because of all the research they've done, they buy them because they feel good about them.
Start
to think what your ESP is. What does your product or service do that
makes your customers feel secure, comfortable, acceptable to others,
admired, stylish, wealthy, important, happy, relaxed or flixable.
For those of you selling engineering or technical products and think this isn't for you - think again.
Some
years ago I worked as a Sales Engineer for Loctite industrial
adhesives. On several occasions I proved to engineers through numerous
tests, how my product could save time and money over the assembly
methods they were using.
Many engineers agreed with all the test
results however they often rejected the product on the basis that it
didn't FEEL right for them. I realised then that I needed an ESP to
overcome this resistance.
So there you have it - always remember
that a customer will make an emotional decision before a logical one,
whatever they're buying - so what's your ESP?