Value Prop: Your Brand’s Fingerprint
In branding and marketing, we often hear about a company’s “Value Prop” or Unique Value Proposition. It’s a key piece of the puzzle for brands, yet definitions can vary. Over the years, we’ve come across countless interpretations, but in a recent meeting, a client defined it in a way that simplified everything:
“It’s the combination of what’s unique to us AND important to the customer. Where those two intersect, we arrive at our Value Prop.”
Consider that for a moment.
Traditional definitions typically sound like this:
- Harvard Business School: “It’s a statement that conveys what a brand does and how it differs from competitors.”
- HubSpot: “It’s a short statement that communicates why buyers should choose your products or services.”
- McKinsey & Company: “It’s a clear statement of the benefits a company will provide to its customers, along with the price.”
These definitions provide good starting points, yet they often stop short of one critical insight: they highlight what makes a brand different but don’t connect that difference to what matters most to the customer. Make that connection, and you’ve discovered your brand’s fingerprint.
The Power of Intersecting Uniqueness with Importance
Re-read that new definition: “It’s the combination of what’s unique to us AND important to the customer.” This isn’t just about standing out; it’s about standing out in ways that resonate with customers. A compelling Value Prop isn’t just a list of unique features; it’s about showing customers why those unique features matter to them.
If something makes your brand different but doesn’t address a key customer need, it won’t have the impact you’re looking for. Effective Value Props are about linking your unique strengths directly to the things your customers care about most. Miss that connection, and potential customers move on to a brand that gets it.
Call-to-Action
Put your current Value Prop to the test. Ask yourself:
- Does it communicate what makes us different?
- Does it connect that difference to something our customers truly value?
If the answer is “no” to either question, it may be time to regroup. The way you tell your story matters—now more than ever. Need a partner to help you connect the dots? We’re here, ready to bring clarity and focus to your brand’s message.
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