If you have already started working to create your niche or a category of one, congratulations, you have begun to differentiate yourself. But you will also need a second factor to separate yourself in the market: a Unique Value Proposition (UVP). When we think of UVP, we think of a ‘so what’ statement that separates you from your competition and gives your ICP a compelling reason to choose you over your competitors.
A UVP is not a catchy slogan. It’s not a promise. It’s the clear and tangible benefit you provide your ICP, and it needs to make it perfectly clear how your business can solve their problem in a way that no one else can. Getting the UVP right is where Fried Egg Marketing can help – giving you the tools you need to zero in and hone your UVP so that it’s tailored specifically for your ICP.
We’re going to take you through how to develop your UVP, and how we at Fried Egg Marketing come into play to ensure that your UVP is meaningful, relevant and compelling to the clients who matter most.
Your Unique Value Proposition (UVP) is the foundational statement that sets your business apart from others. It’s your Promise of Performance – the succinct answer to explaining exactly how your business provides unique benefits to its customers.
Your UVP isn’t about what your business does, it’s what it does uniquely and better than anyone else for your Ideal Client Profile. A good UVP is your North Star in marketing. It provides messaging guidance so that you’re always saying the same thing, in the same way, and to the same person.
But here’s the catch: many companies create ‘vanilla’ UVPs that, to no one’s surprise, aren’t thrilling to anyone. If you want to create a UVP that works, you must build it around your ICP, and it’s here that Fried Egg Marketing enters the scene.
Great UVPs are built upon a solid understanding of your Ideal Client Profile (ICP). These are your clients who benefit most from what you have to offer, who are most likely to stick around with you for the long haul and who will pay you back with the highest return on investment. The more clearly you understand your ICP, the more specific and on-point your UVP will be.
The yolk of your ICP (as Fried Egg Marketing advocates) is placed firmly in the middle of your strategy. If you focus on the clients who provide the most value to your business, you can create a UVP that will speak to them directly, addressing the pain points that are most relevant to them.
Rather than having a value proposition for all people on earth, which is useless, Fried Egg Marketing will create one for your most important audience – so it is much more compelling and useful.
After you’ve zeroed in on your ICP you then need to identify the main problem that your product or service solves for them. In short, it’s the pain point that your solution alleviates. This is the problem that you should be able to solve for your ICP that is big enough to really matter to their business. Ask yourself:
This UVP should communicate clearly that you understand their problem and can solve it better than anyone else.
Specifically, Fried Egg Marketing advises you to zero in on the yolk – your ICP – and cultivate a deep level of empathy for the pain points that your ideal clients experience. You’ll be in a position to pinpoint exactly what they desire from you.
And this will give you a UVP that addresses your ICP’s pain points at a deeper level than just superficial benefits.
Your UVP should also state what you do differently than other options available to your customers. This shouldn’t be about having more features than other options or charging less but delivering the same things. Rather, it should be about the unique ways in which your business provides value that other businesses can’t replicate.
Your differentiators might be the knowledge you have that competitors don’t. They might be the process you follow that makes your business easier to work with. They might be the way you solve a need that your competition can’t solve as well.
Strategic convergence can sometimes make companies sound and act exactly alike, and the Fried Egg approach has a way of forcing you to focus on what is truly unique to your ICP (all while avoiding the trap of ‘copying’ competitors with a UVP that blends into the noise of the market).
By focusing on the specific challenges faced by your ICP, you can bring out those specific differentiators that will resonate with them: if you are selling industry-specific software, it’s the specialised knowledge of their industry; if you are selling a custom feature, it’s the ability of your product to solve a particular, idiosyncratic issue.
A strong UVP should include tangible, measurable benefits. This could be expressed in terms of time saved, revenue increased, customer retention, or any other metric that your ICP cares about. The more specific you can be about the value you provide, the stronger your UVP will be.
For example:
With a clear focus on the clients who derive the most value from your offerings, Fried Egg Marketing enables you to identify and articulate the specific value that your ICP can expect from working with you.
By narrowing your focus to the yolk, you avoid making vague claims and instead deliver concrete, quantifiable value that your ICP can relate to.
Once you have the key components of your UVP – your ICP, the problem, your differentiators, and the quantified value – you can then find a way to express them. The UVP should be succinct, explicit and easy to understand. It should be as brief as possible, use everyday language, avoid jargon and technical terms, and emphasise the benefits early on to make them immediately obvious.
When you have your ICP in your head, you can talk to them in a way that speaks their language, and avoid generic statements and buzzwords.
Then you might just have a UVP that will stand out and resonate with your ICP.
With Fried Egg Marketing, you’re not spreading yourself too thin by trying to appeal to everyone. You’re honing in on the core clients (the yolk) who will derive the most value from the solution you’re offering, which means your UVP is uniquely relevant to that specific audience.
Rather than use broad messaging that will appeal to anybody, Fried Egg Marketing helps you craft your UVP in a way that directly speaks to your ICP’s needs and pain points — which makes it more compelling.
If your industry is riddled with strategic convergence, use Fried Egg Marketing to show you the path to differentiation. Draft your UVP based on what your ICP values most.
When you craft your UVP using the Fried Egg Marketing framework, you ensure that your messaging remains meaningful in the real world, helping you better connect with the issues your ICP is facing, increasing your conversion rates, and motivating customers to stick around.
A strong Unique Value Proposition can be the difference between standing out and blending in. But creating a UVP that resonates isn’t just about clever phrasing—it’s about truly understanding your Ideal Client Profile and speaking directly to their needs.
By adopting the principles of Fried Egg Marketing, you can ensure that your UVP is not only unique but also laser-focused on the clients who matter most. With a clear, targeted value proposition, you’ll be able to communicate why your business is the best solution for your ICP—setting yourself apart from the competition and driving long-term growth.
Ready to craft a UVP that resonates with your Ideal Clients? Start by focusing on the yolk—your ICP—and watch as your messaging and results become sharper than ever. Get started by booking your place on our Fried Egg Marketing webinar.