📺 Stream EntrepreneurTV for Free 📺

Plan Your Uniqueness USP stands for Unique Selling Proposition. Here's how to establish yours.

entrepreneur daily

First, determine what benefits customers receive when they purchase your product or service. This can be based on how your business operates, the quality of your work, or any other element that makes you stand out.

Then, make sure your competition doesn't offer the same proposition. You can't be as good as they are; you have to be better. This isn't as hard as it sounds. Your competitors might have the same qualities, but perhaps they don't capitalize on them. If you define the benefit and educate the customer, you've gained the advantage.

Don't take your USP lightly. It must be strong enough to continually attract new customers. If handed correctly, your USP will come to define you and your business.

Excerpted from Get Smart: 365 Tips To Boost Your Entrepreneurial IQ

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Fundraising

My Startup Couldn't Raise VC Funding, So We Became Profitable. Here's How We Did It — And How You Can Too.

Four months ago, my startup reached profitability for the first time. It came after more than a year of active work and planning, and here's what it took.

Starting a Business

Clinton Sparks Podcast: From Hit Records to Humanitarian Powerhouse, Akon Shares His Entrepreneurial Journey

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Business News

McDonald's Is Responding to Sky-High Fast Food Prices By Rolling Out a Much Cheaper Value Meal: Report

The news comes as the chain looks to redirect back to customer "affordability."

Starting a Business

Clinton Sparks Podcast: CEO of Complex Shares How Media, Culture Have Shifted in Recent Years

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Business News

Jack Dorsey Explains Bluesky Exit: 'Literally Repeating All the Mistakes We Made' at Twitter

Dorsey left the Bluesky board and deleted his account earlier this week.