This is your target audience. Your USP will not fit everyone. Instead, it should be geared toward a specific customer with a unique set of needs. And that's where buyer personas come in.
First, create your buyer personas. A buyer persona is an excellent way to bring a fictional representation of your ideal customer to life. Using existing customer data in your CRM and research about your competition's customers, you can start to see a clearer picture of your ideal customer's demographics — job titles, company size, education, industry, region, etc.
Dig deeper with surveys and interviews to discover what your customers do and what makes them tick, including their obstacles and motivations. The more detail you can add to your persona, the more effective your USP will be at resonating with them.
Next, conduct market research. The challenges your customers face aren't created in a vacuum. The world constantly presents us with innovations and obstacles we must adapt to. What conditions must exist for your buyer persona to look to you to solve their problem? I suggest looking at things from the following perspectives:
- Macro level: Pay attention to what's currently impacting the world: upcoming elections, wars, the climate crisis, the stock market, and popular trends among different generations.
- Micro level: Look at factors influencing the key industries and geographies where you operate. For example, AI's impact on business operations and productivity.
- Customer's business level: Try to predict how your customers will be impacted by macro and micro events. This will give you an idea of any new opportunities or challenges they might be preparing for — or not. These are considerations you can use to communicate how your solution is the best option for their immediate needs.
Use market-reporting methods like interviews, surveys, and focus groups to gather your intel. You can email customers with a survey link or outsource to a research firm where experts will collect the data and analyze the answers for you.