The 1-Page Marketing Plan: Get New Customers, Make More Money, And Stand out From The Crowd
Rate it:
Open Preview
22%
Flag icon
You need to develop your unique selling proposition (USP). This is where a lot of people get stuck. They say something like “I sell coffee. There’s nothing unique about that.”
22%
Flag icon
The entire goal of your USP is to answer this question: Why should I buy from you rather than from your nearest competitor?
22%
Flag icon
Another good test is this: if I removed the company name and logo from your website, would people still know that it’s you or could it be any other company in your industry?
22%
Flag icon
The common place that people go wrong with developing their USP is they say “quality” or “great service” is their USP. There are two things wrong with that: Quality and great service are expectations; they are just part of good business practice—not something unique. People only find out about your quality and great service after they’ve boug...
This highlight has been truncated due to consecutive passage length restrictions.
23%
Flag icon
Positioning yourself as a commodity and hence being shopped on price alone is a terrible position for a small business owner to be in. It’s soul crushing, and this race to the bottom is bound to end in tears. The answer is to develop a unique selling proposition.
23%
Flag icon
There’s Nothing New Under the Sun
23%
Flag icon
There are two questions I ask my clients when helping them develop their USP. Answering these two questions is the path towards marketing and financial success in your business.
23%
Flag icon
So the two questions you must ask yourself and answer are: Why should they buy? Why should they buy from me?
23%
Flag icon
The uniqueness may be in the way it is packaged, delivered, supported or even sold.
23%
Flag icon
You need to position what you do in such a way that even if your competitor was operating directly opposite you, customers would cross the road to do business with you instead of your competitor.
23%
Flag icon
Do it really well, and they may even stand in line overnight to do business with you instead of your competitor l...
This highlight has been truncated due to consecutive passage length restrictions.
23%
Flag icon
Getting into the Mind of Your Prospect
23%
Flag icon
So, to get into the mind of the prospect, we need to discover what result they are actually buying. Once you understand this, you then
23%
Flag icon
need to craft your unique selling proposition based on the result your prospects want to achieve.
23%
Flag icon
For example, if you’re a printer, you’re in a commodity business. You want to get out of the commodity business as quickly as possible. I don’t mean get out of the industry, but...
This highlight has been truncated due to consecutive passage length restrictions.
23%
Flag icon
Stop selling business cards, brochures, and printing and start asking open-ended questions, such as, “Why are you coming to a printer? What is it that you want to achieve?” The prospect doesn’t want business cards and brochures. They want what they thi...
This highlight has been truncated due to consecutive passage length restrictions.
24%
Flag icon
If You Confuse Them You Lose Them Understand that your prospect has essentially three options: Buy from you Buy from your competitor Do nothing
24%
Flag icon
need to first answer the question of why they should buy. Then, you need to answer the question of why they should buy from you.
24%
Flag icon
Can you explain your product and the unique benefit it offers in a single short sentence?
24%
Flag icon
You must understand a very important concept: confusion leads to lost sales.
24%
Flag icon
When you confuse them, you lose them.
24%
Flag icon
People have too many options and too much information coming at them constantly, and they’re rarely motivated enough to wade through a confused message.
24%
Flag icon
How to Be Remarkable When You Are Selli...
This highlight has been truncated due to consecutive passage length restrictions.
24%
Flag icon
How do you charge high prices for your products and services while having your customers thank you for it?...
This highlight has been truncated due to consecutive passage length restrictions.
24%
Flag icon
When given this answer, the first thing many business owners do is mutter under their breath something...
This highlight has been truncated due to consecutive passage length restrictions.
24%
Flag icon
How can our café owner be different? Check this out:
24%
Flag icon
How much extra did it cost the café to serve art with its coffee? Pretty close to zero, I would expect. Maybe some extra training for the barista and a few extra seconds of time per cup. But how many people will each customer tell or, better still, bring in to show? Could this café owner charge 50¢ more per cup than the café down the road? For sure. That’s 50¢ of pure profit multiplied by hundreds of thousands of cups per year straight to the bottom line.
24%
Flag icon
Here’s another example. Most e-commerce sites send the same boring confirmation email when you buy from them. Something along the lines of, “Your order has been shipped. Please let us know if it doesn’t arrive. Thank you for your business.” But have a look at how CD Baby creates a remarkable experience for the customer and a viral marketing opportunity for themselves instead of a normal boring confirmation email:
25%
Flag icon
Your CD has been gently taken from our CD Baby shelves with sterilized, contamination-free gloves and placed onto a satin pillow. A team of 50 employees inspected your CD and polished it to make sure it was in the best possible condition before mailing. Our packing specialist from Japan lit a candle, and a hush fell over the crowd as he put your CD into the finest gold-lined box that money can buy. We all had a wonderful celebration afterwards, and the whole party marched down the street to the post office, where the entire town of Portland waved “Bon Voyage!” to your package, on its way to ...more
25%
Flag icon
Again, nothing unique about the product, but the transformation of something ordinary and boring gives the customer a smile and creates free viral marketing for the business.
25%
Flag icon
Here’s one more example from another highly competitive, commodity industry—consumer electronics:
25%
Flag icon
When Apple first launched their legendary music player, the iPod, they could have talked about the five-gigabyte storage capacity or other technical features like all the other manufacturers of music players of the day did. But instead, how did they promote it? “1000 songs in your pocket” Genius! Five gigabytes doesn’t mean a thing to most consumers. Neither does a bunch of technical jargon, but “1000 songs in your pocket”—anyone can instantly understand that and the benefits it will offer. The iPod was by no means the first portable music player on the marke...
This highlight has been truncated due to consecutive passage length restrictions.
25%
Flag icon
Yet, the seller can and does command premium pricing because they are selling a remarkable experience.
25%
Flag icon
Lowest Price
25%
Flag icon
I’m sometimes asked, “Can’t lowest price be my USP?” Sure it can, but can you absolutely guarantee that everything you sell will be priced lower than all your competitors, including the behemoths like Costco and Walmart? Unlikely.
26%
Flag icon
A better option than discounting is to increase the value of your offering. Bundling in bonuses, adding services, customizing the solution can all be of genuine value to your customer but can cost you very little to do. This also helps you create that valuable apples-to-oranges comparison that gets you out of the commodity game.
26%
Flag icon
Don’t hate the player; hate the game. So, as hard as it may be to resist, don’t play the commodity/price game. Develop your USP, deliver on it and make those you deal with play your game, on your terms.
26%
Flag icon
Create Your Eleva...
This highlight has been truncated due to consecutive passage length restrictions.
26%
Flag icon
A great way of distilling your USP is by crafting an “elevator pitch.” An elevator pitch is a concise, well-rehearsed summary of your business and its value proposition, which can be delivered in the time span of an elevator ride, in other words, 30 to 90 seconds.
26%
Flag icon
I once asked a woman what she did for a living and she replied, “I’m a senior event builder.” None the wiser about what she did, I continued probing until I finally came to understand that she arranges seating for concerts and large events in stadiums.
26%
Flag icon
The next time someone asks what you do for a living, it’s your cue to deliver an elevator pitch. It’s a perfect opportunity to convey your marketing message on a regular basis in many different settings.
26%
Flag icon
Most elevator pitches suffer from the same problem as overinflated job titles. It leaves the recipient confused or thinking “what a douchebag” rather than the intended effect of impressing them.
26%
Flag icon
Bad marketing is highly product-focused and self-focused. Good marketing, especially direct response marketing, is always customer and problem/solution focused,
26%
Flag icon
We want to be remembered for what problem we solve rather than for some impressive but incomprehensib...
This highlight has been truncated due to consecutive passage length restrictions.
26%
Flag icon
Good marketing takes the prospect through a journey that covers the problem, the solution and, finally, the proof. Your ele...
This highlight has been truncated due to consecutive passage length restrictions.
26%
Flag icon
So how do you effectively communicate these three components in the space of about 30 seconds? The best formula I’ve seen is: You know [problem]? Well, what we do is [soluti...
This highlight has been truncated due to consecutive passage length restrictions.
27%
Flag icon
Insurance Sales: “You know how most people rarely review their insurance coverage when their circumstances change? Well, what I do is help people have peace of mind by making sure their insurance...
This highlight has been truncated due to consecutive passage length restrictions.
27%
Flag icon
Electrical Engineering: “You know when there are power outages that bring down critical systems in large businesses? Well, what I do is install backup power systems for companies that rely on having a continual supply of power for their operations.
27%
Flag icon
Website Development: “You know how most company websites are out of date? Well, what I do is install software that makes it easy for people to update their own websites, without the need to pay a web designer each time.
27%
Flag icon
Crafting Your Offer