nnovative, Indispensible, Inspirational. These are the three I’s of an effective Value Proposition. If you want to make your brand work, you’ve got to cater to your target consumers’ needs. We’re not just talking about basic needs here. A product or service can also satisfy emotional and perhaps even spiritual needs. It all depends on how you position your offering.
When Old Spice and its advertising agency, Wieden + Kennedy, saw its latest campaign was becoming a viral success, they immediately capitalized on it. Now, not only has the Old Spice Guy, perpetually wrapped in a bath towel and flashing a debonair smile, become a household name; product sales are growing and the company is enjoying a breath of new life in its industry.
If you own a website, a particular challenge that you’ll face is how you can be found amidst a throng of like-minded individuals who are also grappling for a potential customer’s attention in this free-for-all space. What will make you stand out from the rest? What will set you apart? As trivial as it may seem, first impressions really do last, so look your best the first time. And this is where landing pages, the first thing that they will see, will play a crucial role in your business.
So the lesson here is that you need to really rethink- especially in older type industries- whether or not what you accept as a true value is a true limitation or is it just a habit.
Or maybe it was a limitation that was born from boundaries that your industry had from years ago that is no longer true with newer technologies?
QT: Blogging Innovation “Joy is BMW – Marketing Innovation or Marketing Failure?” “I came across the following video of a BMW advertising installation thanks to a tweet…”
If everyone’s claiming the same thing, then what is the difference? A value proposition should state a product’s or service’s uniqueness, but when everyone’s claiming they’re the best, we think it’s time to rethink and reevaluate propositions.
IDEO, the design firm, was asked to design a new concept in latrines that under-developed villagers could assemble from locally available materials. This need is significant for disease prevention and other issues.
Marketing and salespeople should learn a thing or two from one of kindergarten school’s most valuable lessons: politeness and gratitude.