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Value Proposition

Give consumers a reason to buy




        Knowledge shared by
“  Why should I
choose to buy your
product or service,

               ”
  and why now?




                      Knowledge shared by
“A business or marketing statement that
summarizes why a consumer should buy
a product or use a service.”
a key element in developing a great marketing strategy




                                Value
Positioning                     Proposition                      Messaging                           Output
                                                                                                     (Touchpoints)




The high-level promise               The promise that              How you (creatively)               Where your
you convey customers          differentiates you in the market   communicate your position       messages are conveyed




                                                                                             Knowledge shared by
Biggest
challenge?
          Knowledge shared by
Testing / Measuring
a Value Proposition




Expressing a Value
proposition clearly




Identifying an effective
Value Proposition




                           Knowledge shared by
excersice
Build a 2 sentence proposition
Fill in the blanks


                                         Sentence of
                     Target              Need or                 Product / Service     Statement
                     Customer            Opportunity             Category              of Benefit


Sentence 1
              For                who                   our                      that                 .
                           Primary                     Statement
                           Competitive                 of Primary                                   Proof of
                           Alternative                 Differentiator                               Benefit


Sentence 2
              Unlike            our product                      because our                                    .


                                                                                          Knowledge shared by
A light-hearted example
Although this is tounge-in-cheek, it demostrates how it can be used




                                                                      Knowledge shared by
Sentence
  one


           For    a commuter
                  [Target Customer]




           who    wants to eat breakfast on the train without mess,
                  [Scentence of Need or Opportunity]




           our    BrekkieBar* product is a health food, which provides
                  a completely nutritious and delicious breakfast
                  [Product / Service Category]




           that   you can eat anywhere.
                  [Statement of Benefit]




                   *fictitious product




                                                                      Knowledge shared by
Sentence
  two


           Unlike   grain bars and breakfast cereals,
                    [Primary competitive Alternative]




      our product   BrekkieBar* tastes like a full English breakfast,
                    but has no fat and no calories, even the wrapper
                    can be eaten leaving no waste
                    [Statement of primary dirrefentiator]




     because our    our unique combination of innovative use of
                    genetically modified foods and bio-engineerd plastic
                    packaging.
                    [Proof of benefit]



                     *fictitious product




                                                                        Knowledge shared by
Try to be unique

       You never hear anyone say:



 “I married her because
she was exactly like every
    other girl I dated”
“What?
  the
                   Try your value proposition out on




 So
                   colleagues, employees – and most
                   importantly, existing and potential
                   customers. If the response to your value
                   proposition from a prospective buyer is
                   “So What?”, you know that it’s not
                   strong enough. Did it describe tangible




               ”
                   or measurable benefits that are truly of
                   concern to that consumer or business

        test       person?




                                                       Knowledge shared by
To produce a concise, convincing value proposition is not a
 trivial exercise. When we do that with our clients, it’s based
on analysis of their company, its products and services, their
           competitors, and the market they’re operating in.




               Would you like to know                                         more?
                                                           Or simply want a second opinion
                                                                               Contact us.



                                                                                             Cris Anthony Hödar
                                                                                             CEO and Partner


                                                                                             email:
                                                                                             cah@plenus.dk


                                                                                             Mobile
                                                                                             (+45) 28 262 851




                                                                                                                  Knowledge shared by

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Value proposition

  • 1. Value Proposition Give consumers a reason to buy Knowledge shared by
  • 2. “ Why should I choose to buy your product or service, ” and why now? Knowledge shared by
  • 3. “A business or marketing statement that summarizes why a consumer should buy a product or use a service.”
  • 4. a key element in developing a great marketing strategy Value Positioning Proposition Messaging Output (Touchpoints) The high-level promise The promise that How you (creatively) Where your you convey customers differentiates you in the market communicate your position messages are conveyed Knowledge shared by
  • 5. Biggest challenge? Knowledge shared by
  • 6. Testing / Measuring a Value Proposition Expressing a Value proposition clearly Identifying an effective Value Proposition Knowledge shared by
  • 7. excersice Build a 2 sentence proposition
  • 8. Fill in the blanks Sentence of Target Need or Product / Service Statement Customer Opportunity Category of Benefit Sentence 1 For who our that . Primary Statement Competitive of Primary Proof of Alternative Differentiator Benefit Sentence 2 Unlike our product because our . Knowledge shared by
  • 9. A light-hearted example Although this is tounge-in-cheek, it demostrates how it can be used Knowledge shared by
  • 10. Sentence one For a commuter [Target Customer] who wants to eat breakfast on the train without mess, [Scentence of Need or Opportunity] our BrekkieBar* product is a health food, which provides a completely nutritious and delicious breakfast [Product / Service Category] that you can eat anywhere. [Statement of Benefit] *fictitious product Knowledge shared by
  • 11. Sentence two Unlike grain bars and breakfast cereals, [Primary competitive Alternative] our product BrekkieBar* tastes like a full English breakfast, but has no fat and no calories, even the wrapper can be eaten leaving no waste [Statement of primary dirrefentiator] because our our unique combination of innovative use of genetically modified foods and bio-engineerd plastic packaging. [Proof of benefit] *fictitious product Knowledge shared by
  • 12. Try to be unique You never hear anyone say: “I married her because she was exactly like every other girl I dated”
  • 13. “What? the Try your value proposition out on So colleagues, employees – and most importantly, existing and potential customers. If the response to your value proposition from a prospective buyer is “So What?”, you know that it’s not strong enough. Did it describe tangible ” or measurable benefits that are truly of concern to that consumer or business test person? Knowledge shared by
  • 14. To produce a concise, convincing value proposition is not a trivial exercise. When we do that with our clients, it’s based on analysis of their company, its products and services, their competitors, and the market they’re operating in. Would you like to know more? Or simply want a second opinion Contact us. Cris Anthony Hödar CEO and Partner email: cah@plenus.dk Mobile (+45) 28 262 851 Knowledge shared by