Professional Documents
Culture Documents
Week One - Day Five Crafting A Unique Value Proposition
Week One - Day Five Crafting A Unique Value Proposition
Here’s the deal. We live in a world where general products don’t have a ton
of perceived value. But the good thing is that we are selling in a niche that
has lots of pain points and we can angle our products however we choose
to.
Right now we’re going to build a unique value proposition based around our
product.
We need to make our product more valuable, so that we can charge more.
It’s also proven that the more a customer spends on something the more
committed they are to actually getting use out of it.
If you pay $100 for a nice steak you’re going to enjoy that thing. Compared
to a hamburger from McDonalds you may just slam down the hatch and call
it a day.
It’s a three step process we’re going to use to find our value proposition.
Step #1: List out specifically who we plan is going to be buying our
product
John likely finds interest in the MMO space. Follows some traders on
Instagram, and has lots of lamborghinis on his TikTok for you page. He’s
tried other business ventures before. Always keeps an open mind for ways
to become better.
Here’s where we turn our general product idea into a profitable path.
Now we have our content for it and know who it’s for.
Time for more brain power! List five UVP’s for your business.
Then choose one that reaches your target demo, hits a pain point, and
makes you stand out.
I’m going to choose #2. With the intention of angling my brand as one that
targets up & coming entrepreneurs, salespeople, and traders. We teach
natural solutions that help you become more clear on your purpose and
path.
In the next video we’re going to turn this into a ready to sell product.