With all
people offering products and services online, what sets yours apart from
crowd?You can't argue this, to succeed you need to differentiate yourself.
Online businesses come and go every day and about 90% fail.
The reasons online businesses fail vary from situation to situation, here's a few:
*It could be that
business owner didn't educate themselves properly
*It could be that
netreprenuer didn't market correctly
*It could be that
webmaster didn't develop a product people were actually willing to pay for
*It could be that
newbie didn't spend enough time creating and leveraging
right types of relationships
*It could be that
inexperienced Internet marketer didn't remember to be thorough and calculated with their product offering, sales copy, packaging, traffic plan, etc.
All of
above reasons are valid and one of
most common reasons
product offering itself fails, is because
niche market that
business owner is marketing in is semi-saturated and
marketer had no "differentiator".
A differentiator is anything that makes your unique selling proposition differ from any other by
benefits it delivers to
user.
Those benefits need to be itemized in
sales copy to make sure
prospect will understand what makes
offering specific to his/her needs.
A differentiator could simply be a different angle or viewpoint on some problem or product not currently realized by anyone else. How many ebooks have been written about Internet marketing?
Hundreds if not thousands...the ones that make money have easily identifiable differentiators.
A differentiator could be an added bonus to your product offering that
prospect can't get anywhere else.
Simple example: Suppose there are 2 products that a prospect is considering purchasing.
*Product offering #1 offers a bonus that can be easily found on
Internet.
*Product offering #2 offers a bonus that is exclusive to this offering itself that cannot be obtained anywhere else other than through this specific offering.