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How to Build
a Break Out
Business
Value
Proposition
Building a Business that
can “Break Orbit”
A Great Value Proposition
Changes the “Mix Ratios”
A Little Bit
About Me,
The Story
Architect.
Today’s Agenda
• What is aValue Proposition
• How to Build aValue Proposition
• Exceptional Examples
• DraftingYour BusinessValue Prop
What is a BusinessValue Proposition
A BusinessValue Proposition
• IS:
• A concise statement
• Describes who your
customer is
• Describes how you solve a
customers problem
• Describes how you
generate value
• Describes how you are
different
• IS NOT:
• Your mission statement
• Your Tagline
• Your Brand Name
• An Advertisement
• Full of Technical Jargon
• More than a sentence or
two
Is this a Value Proposition?
Is this a value proposition?
• The value proposition of Starbucks focused on a brand strategy that was
comprised of three components. The brand strategy was best captured by
the phrase “live coffee.” This phrase reflected the importance of keeping
the national coffee culture alive. From a retail perspective, this meant
creating an “experience” that people would want to incorporate into their
everyday lives. There were also three components to the branding
strategy. The first component was simply the coffee. Starbucks offered
the highest-quality coffee in the world and controlled much of the supply
chain as possible to help insure that. Starbucks worked directly with
growers to purchase green coffee beans, it oversaw the custom-roasting
process, and it controlled distribution to retail stores around the world.
The second brand component was service, or what was also referred to
as “customer intimacy.” This included simple things such as remembering
someone’s name or drink order. The third brand component was
atmosphere. Starbucks stated that people came for the coffee but
stayed for the atmosphere. Therefore it was important to provide a
comfortable atmosphere that allowed a sense of community.
[Emphasis mine] All of these things combined led to a compelling value
proposition.
• Lauren M Jacobson
Is this a value proposition?
Is this a value proposition?
How to build a value proposition
Geoff Moore Method
For (Customer) who needs
(_________), we provide (product or
service) that provides (Benefit)
Heath Method (Made to Stick)
High Concept:
The Blank for Blank
Ie – Jaws in Space (Aliens)
Steve Blank Method
X,Y,Z
We Help X (Customer)
DoY (Problem we solve)
By Doing Z (What we do)
My Method
CPU
We help (C) Customer
Solve (P) Problem
With (U) Unique Product or Service
DefineWhoYour Customer Is
Build a Buyer Persona
What is your buyer’s pain level?
Photos by : Hyperbole & a half
What’s the cause of the pain?
Photos by: Smabs Sputzer
What’s the Impact of that pain?
Photo by: ER24 EMS (Pty) Ltd.
How can you solve the problem in a
unique way?
Do a Competitive Analysis
What are your Customers frustrated
with most by your competitors?
DoWhatYour CompetitorsWon’t
Exceptional Examples
Practice
Break Your Market Orbit
Draft
Implement
Communicate
How to Break Orbit with a Great Business Value Proposition

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How to Break Orbit with a Great Business Value Proposition

  • 1. How to Build a Break Out Business Value Proposition
  • 2. Building a Business that can “Break Orbit”
  • 3. A Great Value Proposition Changes the “Mix Ratios”
  • 4. A Little Bit About Me, The Story Architect.
  • 5. Today’s Agenda • What is aValue Proposition • How to Build aValue Proposition • Exceptional Examples • DraftingYour BusinessValue Prop
  • 6. What is a BusinessValue Proposition
  • 7. A BusinessValue Proposition • IS: • A concise statement • Describes who your customer is • Describes how you solve a customers problem • Describes how you generate value • Describes how you are different • IS NOT: • Your mission statement • Your Tagline • Your Brand Name • An Advertisement • Full of Technical Jargon • More than a sentence or two
  • 8. Is this a Value Proposition?
  • 9. Is this a value proposition? • The value proposition of Starbucks focused on a brand strategy that was comprised of three components. The brand strategy was best captured by the phrase “live coffee.” This phrase reflected the importance of keeping the national coffee culture alive. From a retail perspective, this meant creating an “experience” that people would want to incorporate into their everyday lives. There were also three components to the branding strategy. The first component was simply the coffee. Starbucks offered the highest-quality coffee in the world and controlled much of the supply chain as possible to help insure that. Starbucks worked directly with growers to purchase green coffee beans, it oversaw the custom-roasting process, and it controlled distribution to retail stores around the world. The second brand component was service, or what was also referred to as “customer intimacy.” This included simple things such as remembering someone’s name or drink order. The third brand component was atmosphere. Starbucks stated that people came for the coffee but stayed for the atmosphere. Therefore it was important to provide a comfortable atmosphere that allowed a sense of community. [Emphasis mine] All of these things combined led to a compelling value proposition. • Lauren M Jacobson
  • 10. Is this a value proposition?
  • 11. Is this a value proposition?
  • 12. How to build a value proposition
  • 13. Geoff Moore Method For (Customer) who needs (_________), we provide (product or service) that provides (Benefit)
  • 14. Heath Method (Made to Stick) High Concept: The Blank for Blank Ie – Jaws in Space (Aliens)
  • 15. Steve Blank Method X,Y,Z We Help X (Customer) DoY (Problem we solve) By Doing Z (What we do)
  • 16. My Method CPU We help (C) Customer Solve (P) Problem With (U) Unique Product or Service
  • 18. Build a Buyer Persona
  • 19. What is your buyer’s pain level? Photos by : Hyperbole & a half
  • 20. What’s the cause of the pain? Photos by: Smabs Sputzer
  • 21. What’s the Impact of that pain? Photo by: ER24 EMS (Pty) Ltd.
  • 22. How can you solve the problem in a unique way?
  • 23. Do a Competitive Analysis What are your Customers frustrated with most by your competitors?
  • 26.
  • 27.
  • 28.
  • 30. Break Your Market Orbit Draft Implement Communicate

Editor's Notes

  1. Skiing for the first time. Vitamin vs Aspirin vs Turniquet.
  2. Very easy to address symptoms. Effective to get to root cause. Story = cozy. Agitated patients. She invented a cozy to address it.
  3. Product, service, guarantee, niche market, timing, price, promotion.