Did you know studies have shown that you have less than 10 seconds to convince visitors to stay on your landing page? If they don’t feel that their needs are addressed, they will be gone.
Go ahead and count 10 seconds. It’s really that quick.
In an effort to get visitors to stick around longer, many online marketers A/B test headlines, images and calls-to-action. Yet many neglect a crucial element: a unique value proposition.
A strong value proposition needs to be conveyed in these first 10 seconds.
Testing and improving your unique value proposition is one of the best ways of increasing your conversion rates. It’s just as important as testing your call-to-action buttons – and often even more important.
So just what is this all-important UVP?
Also known as a unique selling proposition (USP), a UVP is a clear statement that describes the benefit of what you are offering, how you solve needs and what distinguishes you from the competition.
The importance of an exceptional UVP is covered in many college-level business courses, yet many online business owners seem to have forgotten about it.
Even worse, many online businesses confuse their value proposition with their mission statement. That’s a huge problem.
While a value proposition is visitor-centric, a mission statement is business-centric. First and foremost, your UVP should speak to your visitor’s needs.
Take this landing page from the University of Vermont for example:
Notice how corporate and dull the copy sounds and how it’s all about the business rather than visitors?
Your landing page should have your UVP front and center.
If it’s not, your visitors won’t easily see the benefit of signing up and are more likely to bounce from your landing page and search for a solution elsewhere.
If they leave your landing page prematurely because of this uncertainty, you have precisely 0% chance of converting them into a sale or lead! Not good right?
Even if you think your unique value proposition is both strong and prominent on your landing page, it doesn’t hurt to gut-check.
No UVP is perfect; there’s always room for improvement. Read on to uncover how to make your UVP stronger and how to increase the chances of it resonating with the visitors to your landing page.
Before you get into distinguishing your offer from that of your competitors, you want to be sure that your value proposition is solid at its core.
Regardless of what type of service or product you are offering, there are several elements that go into making a solid UVP. Without exception, it should:
This landing page by Supercircuits demonstrates many of these best practices:
Supercircuits addresses the customer directly as an individual and speaks to features as well as benefits.
They also reference how they are superior to the competition, promising to match any lower price plus an additional 10%.
This is where you can really maximize the uniqueness of your UVP: see what your competitors are offering and then offer more…
In a world where everyone thinks their product or service is best, UVPs can sound generic, injected with superlatives.
It’s critical that you spend plenty of time looking at your what your competitors are offering. Go ahead and block of several hours over the next week to look over their landing pages.
Take note of what they are doing particularly well (and not so well) with their UVP – and then take things one step further.
Offer a longer free trial, better money back guarantee, or free returns. Consider offering bonuses with your initial offer, whether a supporting community, video training series, real time support, free premium options, free one-hour consultation, or anything else that adds value in the eyes of your customer.
Don’t limit yourself to reviewing your direct competitors; take a look at websites in similar fields as well, as they can serve as inspiration for improving your UVP.
Now that you have a sharp and convincing UVP, you need to make it prominent on your landing page.
You may know your UVP by heart but your visitors don’t, so make it loud and clear.
How can you ensure your UVP is quickly noticed and understood by your visitors within those first 10 critical seconds of them arriving on your landing page?
Bonus: if you want to get more bang for your buck, consider adding a tagline under your logo to help articulate your UVP. This is a highly visible spot as the logo is one of the first things that visitors look at on landing pages. It’s especially useful if your company name isn’t particularly descriptive.
SpiceWorks does a great job of this:
Finally, remember that the conversation should continue after people click on your CTA.
Your UVP should be prominent throughout your checkout or registration process.
Re-iterate an abbreviated version of your UVP on the sidebar of your sign up page, registration page, or checkout flow pages to be sure people remain influenced by it.
In this example from Experts Exchange, check out the value proposition bullet points in the top right of the side bar:
Let’s take a look at some good and bad examples of landing page UVPs to help illustrate my points and inspire your improvement efforts.
Here are two landing pages with poor unique value propositions:
On the flip side, here are two landing pages with excellent unique value propositions:
Never presume that your UVP is good enough or being shown in the best place on your landing pages.
Testing your UVP is critical to improving your conversion rates.
Running A/B tests is a great way to improve your UVP. If you’re not sure what to test, revisit the bullet points in the “Lay the foundation for a solid UVP” section of this article. Choose an element that could use improvement on your page and create a hypothesis.
For example, your UVP test hypothesis could be:
“Making our headline more benefit driven and adding a UVP benefits module to our homepage will increase clarity for visitors, reduce bounce rate and increase sales.”
If you are using a tool like Unbounce or Visual Website Optimizer, you can quickly create a few test variations of your UVP to see which results in increased sales and leads and decreased bounce rates.
Another great way to optimize your UVP without an A/B testing tool is to run usability sessions to get feedback.
Create a few different variations of your UVP and then use a service like User Testing to ask questions and get in-depth feedback from your target market. I recommend getting at least five targeted responses to assist with your improvement efforts.
Having a solid unique value proposition is often overlooked as an essential component of conversion rate optimization. Paying attention to yours can help you stand out from the crowd.
If you ask the right questions, A/B test and think critically about your current UVP, you’ll be on your way to reduced bounce rates and increased conversions.
Now it’s your turn.
How good is your unique value proposition? Let me know if you have any questions below!