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Identifying a unique selling proposition (USP) can drive more revenue by differentiating your product or service from competitors. It helps in creating a brand image that resonates with your target audience and gives them a reason to choose your product or service over others. This can lead to increased customer loyalty, higher sales, and ultimately, more revenue.
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Develop a brand statement that summarizes who you are – understand who you are and how you serve your audiences. An easy way to summarize this is by creating a brand statement. Consider Starbucks' brand definition, as an example: "To inspire and nurture the human spirit – one person, one cup and one neighborhood at a time." Identify your unique selling proposition (USP) – here, you need to explain what makes you unique and why should people care about those traits. Once you've determined this, you can develop your brand statements, tag lines and other messaging that inform your marketing strategy. Identify your business objectives – business objectives are goals your company needs to hit to be successful. Every goal your team sets needs to contribute back to these objectives. Develop customer personas – identify your target audience – the group of people who are most likely to purchase your product or service. To learn more about them, survey current customers, dig into Google Analytic...
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Convey your business message to the desired market effectively with an integrated marketing communications toolbox. Use our Marketing Communications d...