
Components of a Unique Selling Proposition (USP)
Tangible benefits : The benefit of your product or service should be direct or implicit. For example, if you are a technology company and you offer more storage space compared to other competitors at the same price, this is a direct benefit. The implicit benefit, in the same case, would be that more memory improves performance and storage of important documents for your users.
Meaningful benefits: The service you promise to customers should be meaningful and not just a marketing gimmick. Unless customers see a significant benefit in your product, it will not differentiate you from your competitors. For example, your competitor, a promoter, sells VIP class tickets for €200 and you sell them for €150. While this may be a benefit, it is not significant and therefore customers are not likely to choose you based on this factor alone.