Questions

For content, I've listen closely to my users and two things make this challenging: 1) different users get different value out of my single product and 2) there is a large psychological underpinning to some of these value props, but it's awkward to make them explicit in a message to our end user. Eg. No one wants to say they purchased a network when they went to the finest business school, but that's also true.

Hi - Lots of great insight below, but wanted to offer another thought. No doubt you created this product because you identified a need in the market for your product/service - it might be helpful to think about how your product creates value at the very lowest level, and for whom. I'm assuming you've already looked at this to get a feel for the size of your market and opportunity, but it might be helpful to revisit. A quick thought on your second point - your example is true, but think about how the finest business schools communicate their value propositions. I haven't seen any ads that say "For a small $150k investment, you'll gain access to our network" - they talk about the value they create in several different ways, a network being just one of them.

Ultimately, if you have a product that's creating value in different ways for different people - that's a great problem. Find a way to talk about how your product has created value for several groups of people, in different ways. This is a very different example, but I was in chemicals before and all our customers used our products differently - one was making solvents, another making coatings and another may have been repacking and selling that same molecule to another customer. Our value proposition was reliability, consistency, customer service, etc - maybe that doesn't apply here, but thought it may be helpful to share that example to encourage you to think about another layer of value you provide to your chain of customers.


Answered 6 years ago

Unlock Startups Unlimited

Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.

Already a member? Sign in

Copyright © 2024 Startups.com LLC. All rights reserved.