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Glossary / Lexicon

What is a unique selling proposition?

09/29/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A unique selling proposition (also called USP) is a characteristic feature that sets a product, service, company or brand apart from its competitors and makes it unique and distinctive. The USP is what makes an offering particularly attractive and desirable to customers.

Here are some important points to better understand a unique selling proposition:

Uniqueness: A unique selling proposition should represent something that clearly distinguishes your products or services from others in the market. It can relate to product features, quality characteristics, price, customer service or other factors.

Unique selling proposition.

Customer focus: A USP should aim to meet the specific needs and wants of your target audience. It should make clear why your solution is better or more beneficial to potential customers than the competition.

Communication.

Communication: The unique selling proposition should be highlighted and emphasised in your marketing communication. It should be present in your advertising, on your website and in your sales pitches to appeal to potential customers.

Advertising benefits: A good unique selling proposition should not only benefit customers, but also your business. It should help to strengthen your positioning in the market, promote customer loyalty and ultimately increase sales.

Examples of unique selling propositions could be:

Unique product features or technologies that the competition does not have.

Special quality standards that lead to higher customer satisfaction.

An unbeatable price that undercuts the competition.

An outstanding customer service that responds quickly and efficiently to customer queries.

Sustainable or environmental aspects that meet the needs of environmentally conscious customers.

Identifying and emphasising a unique selling proposition can help strengthen the brand, earn customer trust and build long-term business relationships.

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