iEntry 10th Anniversary Business Networking Tips

Why should a customer buy from you and not a cheaper alternative?

Jim Connolly Posted by

Right now, Google is showing your prospective customers the details of all your competitors – including those competitors who charge less than you.

So, your prospective customers now know you’re not the lowest priced provider. The question is: How do you plan to convince them that you’re worth the extra money?

why

Generic marketing promises do not work

We are in the worst economic situation in living memory and your prospective customers are thinking a LOT harder, before they spend their money.

They demand value.

It’s not enough for you to claim that you offer great customer service or that you go the extra mile or that you care more. Why? Because the bargain basement providers make those same generic promises. Those promises are so common now, that we are almost blind to them.

If you want someone to even consider spending money with you when there are cheaper alternatives, you need to avoid generic promises and get specific.

The answer

You may already have an attractive proposition, which your cheaper competitors can’t match. If you do, you need to communicate it effectively and make it extremely visible in your marketing.

If you don’t already have a compelling, non-generic reason for prospective customers to buy from you, you need to create one. This is not about developing some snazzy marketing slogan! It’s about building something into your existing product or service, which has genuine value and is not already being offered by your competitors.

For example

You can be yet another accountant or the only accountant in your area, who offers a monthly networking event for their clients – so they become part of a community and not ‘just a client’.

You can be yet another web designer or the only web designer in your price range, who redesigns their client’s Facebook, Twitter and Google+ accounts – so they match your client’s beautiful new website.

You can be yet another window cleaner or the only window cleaner in your area, who also cleans the windows on your customers cars.

You get the idea.

Step outside of the ordinary

Take time to think of a genuinely valuable, attractive proposition to offer your prospective customers. A USP is not enough any more. There has to be something, which prospective customers can see as offering them genuine value. A Purple Cow may grab people’s attention, but there has to be value behind it if you want to attract paying customers and not just glances.

Put on your thinking cap and look at your products or services through the eyes of a prospective customer. What needs do they have, which you could serve by adjusting your offering?

Give this exercise the time it deserves. It’s what your prospective customers will be focused on for the foreseeable future.

What examples do you have of businesses that offer something uniquely valuable? Share your thoughts with a comment.

Comments

About the Author: Jim Connolly has worked in marketing for 24 years and had his own successful marketing business since the mid 1990's. Jim is known worldwide for his ability to help small businesses make massively more sales and boost their profits. Although Jim now works exclusively with small businesses, he has worked with people from some of the best known companies in the world. These include; The BBC, Disney, Rothschilds, Mitsibishi, Hewlett Packard, Edelman and AWD PLC plus many more. To see how he can help your small business, visit his blog at Jim's Marketing Blog.

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