About Lesson
4. Lock in Your Customer Value Proposition And Key Messages
You’ve now taken a good look at your audience and have a feel for what they want. You know intimately what it is that your product or service does well. Figuring out what your product or service does better than anyone else and marrying that benefit with a key customer need will go a long way to determining your value proposition.
A brand with a strong awareness and projection of its positioning will be an important differentiator between two similar companies and help you dominate your market.
In order to define (or redefine) your company value proposition(or CVP), Michael Skok suggests a 4 step process:
- Define the problem to determine whether it’s worth solving
- Evaluate whether your breakthrough is unique and compelling
- Measure potential customer adoption using the Gain/Pain Ratio
- Build the Value Proposition
Once this CVP is determined and agreed upon you can begin to craft the cascading marketing messages to best sell your value.