( 5 min )
What you’re selling should be unique. Otherwise why will the consumer buy your product and not your competitor’s? Scary thought for a salesman, right?
Whenever you’re selling to a client, you have to demonstrate the value you’re delivering along with the product. But before we get to the USP, we need to understand our product and services thoroughly.
Knowing your products and services
Product knowledge is an essential sales skill. Understanding your products' features allows you to present their benefits accurately and persuasively. Customers respond to enthusiastic sales staff who are passionate about their products and eager to share the benefits with them.
Get to know your products or services
Customers are more likely to trust sales people who show confidence in themselves and what they are selling. You can build this confidence by increasing your knowledge of your products or services.
Use conventional and creative sources of information to learn about your products or services, including:
Turn product features into benefits
As you engage customers, you can use your knowledge to lead your customer through the sales process, and make their experience an enjoyable one that they'll want to revisit.
Successful salespeople know all about their products' features and skillfully turn these features into benefits for their customers.
To practice this skill, list your product's features, potential benefits, and all information up front for your customers. Consider how you can communicate the potential benefits, for example
Product features |
Possible benefits for your customer |
Its purpose |
It will meet your needs and save you time and money |
How it works |
It is easy to use so you won't be frustrated by complicated features |
How it is developed or manufactured |
It supports local industry and helps the environment |
How it is checked for quality |
You can be confident it will work |
How it is delivered |
You don't have to worry about delivery; we organise that for you |
How it is maintained and serviced |
You can be assured that if it needs maintenance, we will take care of it for you |
How long it is likely to last (including any warranties) |
You can be confident that if it has any problems we will fix it or replace it while under warranty |
Its price |
You can comfortably afford it |
How it compares to similar products the business offers |
You can base your decision on the good reputation our business has earned for selling other well-regarded products |
How it compares to competitors' products |
You are receiving quality and value for money |
Its strengths and limitations (the capability of the product to deliver benefits to clients) |
You are buying a product that is well-matched to your particular needs |
Other products that might complement it |
Buying this companion product will allow you to meet the needs of your entire company |
Don’t get lost in the crowd. Here’s how you should determine your product’s USP.
1. Understand what your competitors are selling.
Run a search and compare your features and benefits with your direct competitors. Identify the benefits that set you apart.
2. Identify what specific need is being met by your product or service.
What will your product do for the consumer? What pain point are you solving?
3. Identify unique value addition points of your product or service that your competitors cannot provide.
Your product or service might have solutions that are hard to replicate by your competitors. If your product or service has that, you have an easy edge over the rest.
For example: Let’s see how AirBnb is shaping the future of the travel industry with its USPs
4. Write down the unique product features in short, clear, and concise sentences
You need to know your product inside out to be able to write this. These sentences should be simple enough for the consumer to understand and powerful enough to sell your product.
Let’s see what AirBnb writes to sell their business
Simple, isn’t it? Now try focusing on your product and write down what it does in short, simple sentences that highlights benefits to the consumer.
1. Find the USP to have an edge over your competitors
2. To identify the USP you need to have a thorough understanding of your product
3. Scan your competitors' products and services to understand how you can position your product
Now that we've understood the product, we need to know whom we're selling to. The next chapter will introduce you to the different kinds of people you'll meet during your sales stint.
Don't Miss Out!
JOIN THEM NOW
DISCUSS