Get All Access for $5/mo

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

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

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Business Solutions

Boost Business Efficiency with Five Years of Control D for $40

Secure, optimize, and customize your internet experience with this tool.

Franchise

7-Eleven Stores in the U.S. Will Introduce Some Japanese-Inspired Changes. Here's What to Expect.

You'll soon be able to pick up some fresh sushi or a new type of snack at your local 7-Eleven — but the Big Gulp isn't going away.

Marketing

Launching Your First Paid Product? Here's How to Successfully Turn Your Expertise Into Profit

Are you ready to launch your first paid product but feeling nervous? Don't worry — starting small with the right type of product is the secret to success. Read on to learn how to outline clear benefits, value price, leverage social media marketing and deliver excellent customer experience.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.