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Differentiation - Dare to be Different
Written by: Cyril DunworthArticle Overview: It’s good to be different! Standing out from the crowd is essential to a successful marketing strategy; growth, profit and even survival depend on our ability to be different to our competitors. It's a challenge that is particularly difficult for service based companies. So how do you stand out from the crowd?
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Differentiation - Dare to be Different
Standing out from the crowd is, traditionally, essential to a successful marketing strategy; growth, profit and even survival depend on our ability to be different to our competitors in ways that have value and meaning to our clients, and particularly in the current credit crunched market place.
It’s a challenge that is particularly difficult for service based companies. How many surveyors, solicitors and accountants have truly unique selling points? Probably very few. Most would claim to offer quality, value and service as their points of differentiation… but so do their competitors. So when you’re providing a generic service, how do you stand out from the crowd?
The answer lies in understanding the purchase of professional services from a customer’s perspective:
• Should failure happen, the consequences are painful
• You don’t need the world’s greatest outcome. You just need a very good outcome
• Since you can’t sample a service like you might sample a tangible product, you have to rely on reputation, experience, and expertise as indicators of expected results
• Price is a factor, but you’d rather not skimp when the outcome is important
So what do clients really want? The following factors have all been identified as important, but the mix, weighting and emphasis will depend on the nature of the services being purchased and the precise circumstances.
1. Reliability; do what you say you’ll do, every time. Meet your commitments and deadlines and develop a reputation for doing so.
2. Accessibility; be there and available when you’re needed.
3. Impact; help your customers buy the services which will have greatest impact on their businesses and make buying easier for them.
4. Fit; be a good match for my needs or recommend someone who is and don’t oversell yourself if you’ll struggle to meet my needs.
5. Importance; make your clients feel important to you and your team.
6. Service; deliver great service as well as services.
7. Prudence; be careful and do your homework before recommending a course of action.
8. Research; stay on top in both your industry and mine.
9. Listening; understand your clients’ businesses, teams and clients so you can come up with ideas relevant to them.
10. Teaching; help your clients understand what you do, share knowledge and help your clients understand what’s new in your field so they can apply it in theirs.
11. Business Management; run an efficient operation and constantly improve it.
12. Relationship Management; be pleasant, fair and work with your clients through communication breakdowns at your end or theirs. Treat your clients like people, with respect.
For accountants or lawyers, efficiency will be more important, in more creative sectors such as product innovation, creativity, innovation and fit may be more relevant.
Whatever the mix of factors, the bottom line is that the very best way to stand out from the crowd is by being excellent at what you do. Focus on delivering the value you say you’ll deliver, do an excellent job and live your values.
Article Tags: accessibility, accountants, commitments, consequences, crowd, differentiation, generic service, growth profit, marketing strategy, match, precise circumstances, professional services, prudence, quality value, reliability, reputation, solicitors, successful marketing, tangible product, unique selling points
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About the Author: Cyril Dunworth RSS for Cyril's articles - Visit Cyril's website Cyril Dunworth, Ology Coach in Dublin is a Professional Business & Executive Coach having trained at the Adler School of Professional Coaching. working with all types & sizes of businesses from Sole Traders to Multi National. Cyril is also an Inscape Certified Trainer on key business and management skills. Having worked as a coach and trainer for public companies like Sage, Élan, Green Isle Foods, Ramada Hotels, Tui and many privately owned companies throughout Ireland, Cyril specialises in creating a clear vision for the businesses future and facilitates, with the business principals, movement towards that vision. Cyril is dedicated to the profession of Coaching and has helped many business owners and individuals challenging them to become better business people. Cyril helps businesses to improve not by imposing his will upon them but by facilitating their own education in the areas that challenge them. He is a professional who brings motivation and focus to any business. For more coaching articles Ology Coaching News Click here to visit Cyril's website Do You Put Your Customers First How do YOU Solve the Problem You dont know what youve got till its gone What should you look for in a Coach Bad Behaviour what we do wrong |
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