Site Optimization
Do You Have the Right Value Proposition? | Do You Have the Right Value Proposition? |
| Thursday, 17 March 2011 | |
Topic: Do You Have the Right Value Proposition? How to test, measure, and integrate your Value Proposition online.Your value proposition is at the foundation of all your marketing efforts. It is that primary reason why your ideal prospect should buy from you rather than your competitors. Yet many marketers have never tested this crucial element of their marketing strategy; they have only assumed it, essentially building an empire on sand. However, according to Dr. Flint McGlaughlin, real-world testing is essential to determining the most effective value proposition, and there are five simple steps any marketer can take to identify their optimal value proposition.
STEP 1: Review Data
STEP 2: Compose Drafts
STEP 3: Measure Force
STEP 4: Conduct Test
STEP 5: Analyze Results
After reviewing the five steps, Dr. McGlaughlin took the practical application to an even greater level by providing three marketing elements that MECLABS researchers use to incorporate value propositions on a Web page. He identified these elements as:
To see all these principles applied in current marketing scenarios, the Web clinic concluded with live analysis of audience-submitted Web pages. Download the MarketingExperiments Quarterly Research Journal: Here are what some of the audience members had to say about the Web clinic:
Listen to an audio replay of the presentation:
Credits:Presenters Writers Technical Production Additional Contributors
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