Your USP Can Be Your Most Powerful Motivational Tool

Your Unique Selling Proposition or USP can be your most powerful motivational tool. Your USP is what makes you different than all your competitors. It’s the one thing that gets people excited about your business rather than anyone else’s.

In order for a USP to be effective, it has to genuinely be different than anything else that’s out there. If you put out a USP that doesn’t sound shockingly powerful, chances are it won’t work.

Here are a few examples of USPs and how they motivated their markets.

==> Radiohead’s Donation-Based Album

The discussion of the internet’s desire to be free versus the record label’s desire to stay profitable has been an active topic since the very beginning of the web.

Radiohead’s album, released on a “pay what you want” basis on the internet, was designed to test this out. Their USP was very simple: Download the album; pay whatever you want.

This USP generated massive press and buzz. They had a massively successful album launch and proceeded to have a home run concert tour.

==> Zappos: Free Shipping Both Ways, 365-Day Return Policy

Another clear and simple USP is Zappos’ 365-day return policy. If you buy a pair of shoes from Zappos and decide you don’t like them, you can return them months later for free.

Furthermore, Zappos will pay for you to return your shoes. Unlike other companies, Zappos aims to make it easy rather than hard to make a return.

This “no risk” USP allowed their customers to make snap decisions on purchases. They knew that even if they didn’t like it, they could just send it back.

==> Prosper Marketplace

Prosper Marketplace offers a very unique proposition for both lenders and borrowers. Instead of lenders buying stocks or bonds, they can lend directly to real people instead. Real people can submit their applications to real lenders, rather than a bank, who will then decide whether or not they deserve the money.

This USP appealed to both lenders and borrowers. Lenders felt they had more control over their money and had a chance at a higher return. Borrowers relished the chance to make their case to real people.

==> The Secret to a Great USP

A USP that motivates customers is a USP that finds an existing desire and solves it. Usually a USP entails taking some risk by the company.

Zappos takes a big risk by offering a 365-day return policy. Customers want safety when they buy, and that USP offers it.

Radiohead took a big risk when they offered their album on a “pay what you want” basis. What if everyone just downloaded it for free, or only paid a dollar?

Figure out what your customers want, then find a method to fulfill it. If it seems like there’s a big risk involved, then you’re probably on the right track. Do everything you can to manage the risk, but don’t back out because it’s risky. That’s where the money is made.

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How to Use PR Stunts to Create Buzz around Your Products

If you can create and launch a successful PR stunt, you can easily get tens of thousands of dollars’ worth of free publicity. A half page ad on the front of your local newspaper might cost $5,000, but with a good PR stunt, you can get on for free.

What does a great publicity stunt entail?

==> It Makes Heads Turn

Your publicity stunt should be so unusual that someone who sees a picture of it or reads a teaser in a headline will instantly turn their heads.

Remember that a newspaper’s goal is to sell papers. For them to put a story on their front page, they first need to know that the story will turn heads. Make sure your story has true attention-catching potential.

==> Gets People Talking

If people are talking about it, the newspapers will cover it.

When Virgin launched their line of brides’ dresses, Richard Branson wore one of them publically as a stunt. This got people talking and the stunt quickly picked up a lot of publicity.

With social media today, this is even more important. Do things that’ll get people sharing on social media.

==> Related to Your Company, But Not an Advertisement

Your publicity stunt should be related to your company, but your company can’t be the main event. The unusual thing or the stunt itself has to be the main event, while your company is just the sideline.

When Pillsbury first did their “Pillsbury Bake-Off” event in 1949, it was designed as a publicity stunt. People from all over the world submitted recipes and it got a ton of coverage.

This definitely helped sell Pillsbury products. However, the Pillsbury brand was just the sideline. The bake-off was the main event.

==> Go Where the Press Are

If you’re a small company, it can be hard to get the attention of the press, even with a great campaign. So what can you do? You can go where the press are.

For example, when RunKeeper’s founder Jason Jacobs wanted to promote his iPhone app, he asked himself what he could do that would get press attention?

At the end of the day, he dressed up as a giant iPhone with his app on the front and ran the Boston Marathon. The press loved it and gave him hundreds of thousands of dollars’ worth of free coverage.

If you don’t have the contacts or the leverage to create a press conference yet, then leverage events and topics where the press are already at.

PR stunts require creativity and often also require a ton of effort to pull off. However, the resulting free publicity is often much more effective than spending money on advertising.

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Credibility: The Crux of Your Motivational Message

Credibility is the crux of any motivational message. Without credibility, the best content in the world will simply get passed over. On the other hand, even an uninspiring speech by a highly credible person will be met with rapt attention and motivation.

For example, if an Olympic athlete was giving advice about how to lose weight, people would probably listen – even if the advice itself was hard to follow. On the other hand, if a homeless guy gave great advice, chances are still nobody would listen.

What’s the difference? Credibility. The athlete has credibility, while the homeless guy doesn’t. Credibility gets people to listen to you. Credibility helps create emotions. Credibility helps create motivation.

==> Build Credibility In …

There are three things you need to build credibility in.

First, you need to build credibility in you, the person speaking, presenting or writing. This helps earn you people’s attention.

Second, you need credibility in your company. Is your company a reputable firm? How long have you been in business? Do you have a recognizable logo? Do you have professional design?

Finally, you need to build credibility in your product. Even if you have a great brand and people trust you, that doesn’t necessarily mean they trust your product.

When Coca Cola rolled out New Coke, it became quickly apparent that although they had a very strong brand, people simply didn’t want a product change. New Coke had zero credibility and quickly had to be phased out.

==> How to Build Credibility

There are many different ways you can build credibility in your product. Here are some of the most prevalent ones.

* A demonstration – One of the most powerful ways to build credibility is to show people your product in action.

For example, the “Will It Blend” videos were essentially highly entertaining videos demonstrating the Blendtec blender. Blending the iPhone, marbles, lighters and other materials made the videos go viral quickly, which launched a multi-million dollar brand.

* Photo proof – If you’re promoting a wealth product, take a picture with you and your Ferrari. If you’re promoting a health product, use before and after photos.

Use photos to show the results of your product. Photos are much more real than just claims in words.

* Testimonials – Don’t say it yourself. Instead, let other people say it for you. That’s much more effective, as others don’t have an incentive to promote your products. The more testimonials the better. Try to also get testimonials from authoritative sources.

* Word of Mouth – If a friend hears about you or your product through a friend, that carries massive credibility. How do you generate word of mouth? By consistently putting out high quality products and content.

Before you make run with your message, you need to have a rock solid foundation of credibility.

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Television Branding for Small to Medium Sized Businesses

When people think of TV advertising, they usually think of multinational brands like McDonald’s and Coca-Cola. Television branding seems outside the reach of most small businesses. The reality is, however, that ever since the advent of cable television, advertising for the little guy is very much a reality.

In the past, to advertise on TV you had to book nationally. Your ad had to be spliced into commercial spots, which were then aired through the airwaves.

Since TV went digital and cable, however, TV networks are now able to splice in commercials on the fly. That means that if you own a marketing firm catering to Boston, you can have your commercial spliced just into the programming of viewers in the Boston area, rather than nationwide.

With this kind of targeted ad buying, even small and medium sized businesses can advertise on TV. Here’s how to do it.

==> Producing the Commercial

Producing a commercial can cost quite a bit of money. The amount you spend really depends on how high you want the quality to be.

The average large brand spends $350,000 to produce a commercial. By contrast, a small business can produce a commercial for as little as $2,000.

You’ll probably want to either buy a decent HD camera, or rent professional grade cameras for a few hundred dollars a day. Video editors, especially film students, can be hired for between $25 to $40 an hour.

For a small to medium sized business, $10,000 total for production should be enough to get you from start to finish.

Try to shoot both a longer and shorter version of the commercial. You can buy in 10, 15 and 30 second increments.

==> Making the Ad Buy

You can make the ad buy one of several ways.

The easiest way is to go through an ad agency. Agencies already have contacts with TV stations and can have you up and running in no time. Some agencies charge, some don’t, as they make money by charging you full price while receiving discounts from TV stations.

There are a lot of ways to bring the cost of ads down. You can buy remnant ad space, which can cut the costs of ads by as much as 65%. You can buy spots in several shows at once, which can drastically lower the price per ad spot. You can also buy several weeks or months of ads at once, which also lowers the price.

Remember that building a brand on TV is all about repeat exposure. If you have a $50,000 TV budget, don’t spend it all at once. Stretch it out over a few months and see how it impacts your business.

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How to Find Inspiring Topics for Your Ezine

Ezines and newsletters are effective marketing tools. However, they

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