What
Makes Your Business Unique?
Dear
Associate,
At
our speaking group's Halloween party I made my way to Claire,
one of the newer members. She was decked out in an equestrian
outfit with the riding coat, pants, boots but no riding crop.
She even tied her red hair up in the back. She looked like
someone you'd see in a professional horse-riding competition.
"Claire,
didn't you say you teach piano," I asked.
"I
teach young children how to play beginning piano," she
replied. "I have about one dozen students. We perform
two recitals each year."
"I've
been looking for a part-time job because I'm losing a few
students due to various reasons," she continued. "Three
of my students are from one family. Their talented son is
growing up and has picked up other interests."
"How
do you market your business? In other words, how do you acquire
new customers," I inquired.
"Through
word-of-mouth," she answered. "But that's not going
very well these days. That's why I have to look for another
source of income: to supplement losing some clients."
Then
I put her on the spot...
"Claire,
if I were a parent looking for a piano instructor for my kids,
why would I call you? What sets you apart from all the other
beginning piano instructors in the area? What makes taking
lessons with you more desirable than with anyone else,"
I wanted to know.
(Silence...)
"Well
I have a teaching degree," she supposed, not knowing
if that answer would be enough to satisfy the questions.
"That's
not enough," I injected. "If I were a parent I'd
want to know what makes sending my kids to you more pleasurable
for me. What makes you unique? What sets you apart? What will
my kids get from you they can't get from another piano instructor?"
(More
silence...)
These
are some of the basic questions every business owner should
ask before starting a business. If you're opening a pizzeria
in a shopping mall with two other established pizzerias, what
would distinguish yours from theirs? Why would people choose
your pizzeria over the other two?
Do
you accept all major credit cards? Do you deliver? Do you
offer a no questions asked ironclad guarantee? Maybe
you offer valet parking. Perhaps you're the only pizzeria
in the mall that uses fresh ingredients from Italy.
Or
if you're consultant-based...
Maybe
you're the coach who only works with six-figure clients. Perhaps
you're the mentor who has a positive track record of steering
problem teenagers onto the right course. Maybe you've been
on local or regional talk shows. Or you've authored a workbook
to help people get out of debt.
That's
what your potential clients want to know. They want to see
what makes you more unique than your competitors. They want
to know what they're getting in return for giving you their
business. They want you to tell them why they should know,
like and trust you.
For
Claire it could be her students always win awards at piano
competitions. Maybe 17% shoot for Juilliard. Perhaps she teaches
her students creative ad-lib basics. Just announcing she's
a piano instructor is not enough to create that emotional
bond necessary to turn shoppers into customers. They want
to know what makes her unique.
Warm
regards,
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