Why it’s Essential to Define Your Point of Difference

How do you craft your unique value proposition among your competitors? Imagine a potential customer walks up to you and asks, “I’ve got a number of options to choose for someone to help me with the next project. Why should I choose your business over all the other options?” What if everyone is offering similar price? When we engage with business owners and pose this question, they often respond with, “We do a better job,” or “We offer superior service.” They are the same responses that others also say.

So, how do you identify and communicate your unique value proposition? Here are some key insights to get you started:

Different, Not Better

First and foremost, remember that better is not necessarily better when it comes to standing out. It’s not about being better; it’s about being different. Better is not better, different is better. To truly capture a customer’s attention, you need to articulate a clear point of difference, a unique value proposition that makes you stand out in a sea of sameness. You want your business to be distinct, even if it’s just a little different from the rest. The ability to articulate this uniqueness clearly to your customers is what matters.

For example, you could say, “If you engage us to do a job and we don’t show up on time, we pay you $200.” Wouldn’t that be a surprising point of difference?

Address Pain Points

Following up on the example above, this not only displays you being different, but also cover another key point, which is addressing the pain points. Think about the pain points customers are facing when engaging a tradie such as one in the residential service maintenance space. The person said they’re going to be there, but they never show up. Or they said they’re going to call and you never heard back from them. Brainstorm how you can solve those pain points in a way that makes it an absolute no-brainer for customers to choose you.

Back Your Brand

Consider taking a bold step to back your brand. By offering to pay $200 or waiving out the call out fee if you don’t show up on time, this fortifies your brand with the value of punctuality. This approach not only demonstrates your commitment but also offers a surprising and reassuring point of difference. Whatever it is, there needs to be a risk for you. It addresses a common pain point – unreliable service providers – in a tangible way.

Quality Assurance

Another angle could be emphasizing the quality of the products you use. Instead of simply claiming “better quality,” you can state, “We select products based on their guarantees and warranties to ensure the best results for you.” This approach shifts the focus from being better to being meticulous in product selection as you are only working with the best, which can be an attractive differentiator.
You could also highlight them as a point of quality control. For example, “We implement a 25-point quality guarantee checklist to ensure your 100% satisfaction before final payment.” Many businesses may have a similar checklist, but the key is in the way you articulate it as a unique feature.

Quantify and Qualify

One common challenge is that many businesses struggle to quantify or qualify their points of difference. They often revert to generalities, slipping back into the sea of sameness. The reality is, it’s not the surface issue that has them choose you. They are looking for certainty that the job will be done if they trusted you to do what you said you are going to do. If you have several key points of differences and you articulate them well, they will lean more towards your business.

Risk Reversal

Are you prepared to put your brand and company on the line financially? If you make a promise, can you back it with a guarantee or financial commitment? It can’t be vague or ambiguous; but it needs to be clear and unequivocal. Customers need to know whether you delivered on your commitment or not.

When you put your brand and your company on the line in this way, it becomes memorable. People talk when there’s something remarkable about your business, something that sets you apart from the competition. People love to refer people to you by telling their colleagues, friends, and family about you.

In conclusion, think about how you can articulate your point of difference. Don’t shy away from backing your brand or taking calculated risks. When you can communicate two to three clear points of difference and truly own your unique value proposition, you’ll find customers lining up to do business with you. Your brand will become the talk of the town, and your reputation will soar. Stand out, be different, and thrive in the sea of sameness. If you’d like support in brainstorming and refining your unique value proposition, please be in touch.

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HOW PROTRADE UNITED HELPS
BUSINESSES LIKE YOURS

WHAT ARE OUR CLIENTS SAYING?

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Salmon Plumbing
John Salmon

"The fact that I know my business is running smoothly and it doesn't need me at every particular juncture means that I can take some time off for myself"

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What you’ll get in the complimentary 60 min session

Diagnostic Tool

Use a powerful diagnostic business tool, to understand the current reality

Identify the Obstacles

Uncover the obstacles that may be holding you back from more profits, time and freedom

Action Plan

Craft a realistic action plan to produce results in the next 6-12 months

Recommendations

Gain recommendations specifically designed for trades and construction businesses operating in Australia & New Zealand

Let’s Hit the Ground Running with a Business Performance Session
Would you like to gain greater clarity and consistency in your trades business? Book a complimentary ‘Business Performance Session´ with a trades business specialist and uncover what may be holding your business back.