https://MeclabsAI.com can write a powerful headline (with a guided headline pathway) and has 10 expert assistants (AI Agents and Apps - more to come) that you can talk with (like Conversion Pro, Landing Pages Copywriter, and Problem Solver). It’s totally FREE to use (for now).. ____________________________________________________________
What do your customers find most appealing about your offer? (http://www.marketingexperiments.com/) Is it the price? Is it a specific feature? Is it the broader brand association?
Questions like these are at the heart of a successful marketing strategy, and are central to understanding any company's true value proposition.
So in this Web clinic, Austin McCraw, Senior Editorial Analyst, MECLABS, presents a simple five-step method for using email campaigns as a testing grounds to quickly discover what customers find most captivating about your offers.
Learn more from Flint with a MECLABS online marketing course. Courses include certification in • Online Testing • Value Proposition Development • Landing Page Optimization • Email Messaging Optimization https://MECLABS.com/certification
all right Dan thank you so much for the
introduction buddy
um my name is Austin mccrroll I'm
stepping in for Dr McLaughlin this
afternoon uh as you come on just want to
just want to welcome you thanks for
attending this clinic today we're going
to be talking about one of my one of my
most favorite topics we're gonna be
talking about value proposition and
we're going to be talking about
something that's relatively kind of new
in our research if you're familiar with
mechlabs you're familiar with marketing
experiments you know that we do a bunch
of research around value proposition
we're always trying to figure out the
better way to or the best way to craft a
value proposition the best way to
express it on a web page and today we'll
be talking about what we think is the
best way to actually test it to test
your value proposition
whether you know it or not you can
actually test the essence of your
products the essence of your company and
you can use something as simple as email
oftentimes at least what we see you know
across the world as we're dealing with
groups of marketers teams of marketers
often what we see is if there's a
product launch or they're trying to
figure out how to how to communicate a
product on a web page oftentimes what
happens is you get a group of marketers
and they they sit down at a table
together in a room and they they're
discussing they're saying what should we
say about this product which feature
should we focus on and there's
discussion there's debate sometimes it
even gets kind of heated there's arguing
going on and oftentimes what happens at
the end the person the person the
highest paid person in the room will
just step up and say you know this is
what we're going to do this is what
we're going to focus on we're going to
focus on benefit a versus benefit B
we're going to focus on customer service
versus
uh versus the price point what I'm here
to tell you today is that we don't we
don't really even have to have those
conversations those conversations can be
fun they can be enjoyable and they can
get us into a certain zone of
you know what the product should be
about but we can actually go further
than that we can take it further than a
social Dynamic we can actually add a
science dynamic
to our products we can act we can
actually test and discover what it is
about the product that's going to
motivate your customer customers more
I taught this this content recently at
the uh
what was it the email the email Summit
and uh someone came up to me afterwards
and said hey this is really interesting
can you use this to test products that
haven't been launched yet can you can
you do the same methodology for testing
products that we want to launch but
we're just not quite sure if they'll be
successful the answer is yes you
absolutely can you can even use email to
do it you can rent a list a list that
would be representative of your customer
Target and you can actually test your
value proposition before going live at
the product you can test to see what
kind of demand is going to be out there
for the product how successful it's
going to do in comparison with the
competition there's a lot of cool stuff
you can do with testing your value
proposition today and so that's we're
going to be talking about
uh uh one other thing we're gonna get
we're going to get kind of practical
today and I I just hope you would bear
with me oftentimes on these clinics we
we're revealing some major Discovery or
we're talking about some deep
psychological issue in the mind of your
customers today it's going to be pure on
the ground tactics we're gonna be I'm
gonna be walking you through a simple
five-step process for how to actually
test your value proposition so if you
would permit me and I hope you find the
kind of combination between theory and
practice valuable so let us know what
you think about that
before we get started I want to get and
we just want to encourage you to
to use the hashtag webclinic
to interact with us we would love to see
you we have people standing by
monitoring Twitter we're pulling
questions from Twitter you can also use
as Dan mentioned earlier you can use the
question and answer feature provided by
go to webinar I can see on my screen
right now I can see all the questions
that are coming and all the statements
that are coming in
as I said my name is Austin McCraw
I'm a senior editorial analyst here
basically what I get to do I work with
Flint on all his Dr McLaughlin if you're
familiar with him he's the managing
director of mechlabs I work with him on
all his value prophecies research I've
probably read every book from the past
Century on the term value proposition it
was a bit painful but we got through it
I read all the books on it we've been
studying value proposition been working
with Dr McLaughlin on that I also get to
kind of watch the case studies related
to value proposition coming through
through the lab and so today we're going
to be looking at some of those in fact
I'm going to just switch real quickly
you've heard enough about me let's go
straight to an experiment
I think you'll find this experiment very
interesting so we're looking at
experiment test protocol
2067. it's done with a company that
provides technology and product Supply
to oil and gas industry how would you
like to do that would you like to be a
Content marketer for the oil and gas
industry anyways that's what they're
doing and basically they have an event
coming up and they're sending out an
email to invite
uh they're subscribers to this event
and here's the question that's at the
table here's the question that
oftentimes as marketers we have to face
we can't put everything in the email we
can't put everything in the subject line
of the email what are we going to focus
on what are we going to put up there and
for this company they had two options
the first option was should we can focus
on uh how this conference is going to
help the oil and gas industry overcome
specific challenges or number two we
could focus on how this this conference
is going to help the oil and gas
industry generate more Revenue
and honestly just using marketing
intuition alone this can be very
difficult I want to ask you all right
put you've got to put yourself in this
situation you're the marketer for this
company you have an oil and gas content
event coming up
you're trying to sell it you're trying
to angle it how which of these would you
focus on would you focus on overcoming
challenges or would you connect it to
the overall Revenue all right I see I
see some votes coming in thank you guys
are you guys are awesome you guys are
interacting so I see one I see two two
Revenue
one one
okay it looks pretty even split here so
you can see the kind of dynamic that
will happen sometimes in a in a meeting
with marketers got people really
vouching for for oh we need to focus on
revenue or we got people you know
vouching for focusing on the actual
challenges so we actually could test it
let me show you the test okay
thanks for voting let's see who we'll
see who is right
so here's the first email version a okay
it's focused on overcoming challenges
you can see some of the copy there on
the right hand side it says researching
to find out solutions to the monitoring
technology issues you face
how can we how can Deepwater risk be
reduced so these are you know key
questions that are in the mind
challenges that these these these
subscribers face every day that this
conference is going to address so
there's version a overcoming challenges
and here's version B generating results
you can see the language how it shifts
now we're talking about how to
outperform the conventional drilling by
350 percent we're talking about 10
Improvement on ROP
you can see the end results are being
focused on here so we'll see who is
right is it version a focusing on the
challenges or is it version V focusing
on the results
well believe it or not it was version a
version a actually generated 17 percent
more click-through rate than version B
focusing on overcoming challenges
generating more so you know what's
interesting about this 17 may seem like
a small number in comparison to kind of
some of the results
that we show here often but think about
it for a moment these are both optimized
relatively optimized email messages okay
we're not actually optimizing the
expression at this point we're actually
we have an optimized expression now
we're just we're actually getting to the
essence we're actually adjusting and
slightly Shifting The Essence so this is
a this is a significant change but
here's the thing
the the results
the number results here the 17 increase
that's not the coolest part about this
test
the coolest part about this test is this
right here
the coolest part of this test is that we
actually learned more about what was
motivating the customer you know you can
do with this information you can go and
you can apply it everywhere the entire
conference agenda could be based on
overcoming challenges you just learned
about your customer you just developed a
you just made a humongous step in
customer Theory
and you can run with that you can run
with that in your direct mail pieces you
can run with that in you know oftentimes
our Direct Mail pieces inform what we
put online it should be the other way
around we should be testing online to
figure out what we're going to do in our
Direct Mail pieces what we're going to
do in our television spots
which is online the web is a living
laboratory we can actually test customer
behavior in real time real data and get
statistically valid results and the big
thing here
is this
you can learn more about your customer
and the goal of a of a test is not
simply to get a lift I know if you've
been on these clinics before you've
heard this before this is something we
say often the goal of a test is not
simply to get a lift but to get a
learning
and here's the reason why is because a
learning will lead to so much greater
lifts
than the first test if you can learn
something about your customer you can go
and you can take that all over the place
I'm going to show you an example at the
end of this session where we actually we
ran a test and then we were able to
apply it across the entire side we took
a learning from the test and we're able
to apply it all over the site and get
huge results not on just that one page
but everywhere so the goal of a test is
not to get a lift but to get a learning
and we should always strive to better
understand the customer and in
particular to understand the essence of
our value proposition
what we're wanting to do as marketers
we're wanting to figure it out like what
is it that's motivating our customer
we won't we actually want to start this
is oftentimes we approach our campaigns
from a from from from kind of our
Viewpoint think you know what is it that
we like about the product we have kind
of a company logic what we need to do is
actually totally shift Frameworks we
need to put on a whole new set of eyes
and look at our products Through The
Eyes of the customer sometimes it's
difficult sometimes you've got to test
to figure it out completely but that's
what we're doing here we're trying to
figure out what it is that's going on in
the mind of the customer we're trying to
understand that we're almost we're it's
like we're trying to become the customer
that's what we're trying to do here
let me show you this
for those who are familiar with testing
I'm not sure how many of you are on the
line but for those who are familiar with
testing oftentimes our testing is
dealing with that gray expression Circle
there the Outer Circle we're playing
with the headline the headline copy
we're playing with images we're playing
with the way we're expressing
our our marketing our collateral
products our offers
I want to say is that there's actually
something more powerful you can do with
testing you can actually I mean we want
to test our expression but even more
valuable is to test the essence
and at the essence of your product is
the value proposition that's what we
want to do today we want to get to that
we want to understand the customer we
want to test the essence of our value
proposition and email and here's the
point of today's webinar
email is one of the most effective ways
strangely enough email is one of the
most effective ways to test your value
proposition and here's why four reasons
okay four reasons for taking notes here
they are
first off
email is easy to change in fact there's
hardly anything easier to change than
the subject line
in fact often we can you often even need
like a tool or platform to test email
you can do it yourself you can do it
manually you can test subject lines like
that
okay so that's that's one of the reasons
why email is incredibly effective
but it gets better emails have large
sample sizes oftentimes you have an
entire list that you can work with
oftentimes you can rent a list you can
purchase a list you can co-op with a
list
and you can get huge numbers of data
points of people you're sending to
particularly for the subject line the
the amount of eyes that see the subject
line often are huge much more than what
you experience on a web page oftentimes
same with pay-per-click but email is
it's it's just a really good example of
how you can get a large sample size you
can actually validate tests quicker
sooner get statistic results that's
great number three
it's a highly competitive environment
this might seem a little bit
counter-intuitive you may think well
that's not that's not real great but no
no this is where you want to test your
value proposition you want to test your
value proposition in the most difficult
spot and the spot where where there's a
lot of options in front of your prospect
there's a lot of options in front of
your customer you want to see if your
value proposition can hand can stand up
to all the other competition out there
so you want to find a highly competitive
environment email is excellent for that
and fourth and probably um my favorite
point is honestly
we're already doing it marketers we're
already sending emails and it doesn't so
we're already gonna have to do it I'm
not asking you to do something new or
more than what you're doing you're
already running emails a slight tweak
here and there and and it and it's
already there it's already ready to go
in fact we do this I'm gonna I'm gonna
kind of reveal some of this because some
behind the scenes that marketing
experience here we're constantly testing
you guys I want to show you something
kind of interesting all right so we so
we hardly ever send an email for a web
Clinic out without testing a subject
line always we're always trying to
figure out what it is that's going on in
your head
so let me show you two subject lines we
tested recently I don't know if you
attended this Clinic you may have but we
did a clinic recently on content
marketing okay and so we crafted two
subject lines this is the first one
it's a how-to approach subject line one
is how to optimize your content
marketing
versus a discovery approach a little bit
slightly different angle does content
marketing really work we wanted to know
are is our audience motivated by you
know learning practical things of how
you know how to do things are they
motivated by you know getting a new
discovery learning something new well
admit so let me just ask you for a
moment
all right let's see if you can predict
yourself here okay so you get an email
that says this how are you going to
respond
okay number one one a okay I don't want
to speak too fast here because I don't
want to sway I'm getting a lot of ones
well I want to get a few twos okay okay
all right
yeah it started out one one now we're
getting a pretty decent even split here
you guys are gonna be very difficult to
work with I can't imagine I'll just you
guys would be arguing all over the place
well let me show you'll find this very
interesting okay look at this Discovery
an email subject line that focused on
Discovery outperformed the email that
was focused on how too
we do this often we actually here's
another test same thing how to versus
Discovery what would you know again and
now that's a 40 what 47 increase
wow so you know what's interesting here
is uh this is this is why um focus
groups don't work because you guys told
me on this line right now you told me
you know this is the email I would click
on this is the email I would choose but
you know what the majority of you would
actually be more likely to click two
than one
so this is why testing and behavioral
testing I mean you can learn you can get
in the zone with with asking your
customer but actually test and get you
there from behavioral data your customer
votes with their actions
so today what I'm going to do and this
will be actually I think pretty quick
we're going to walk through a five-step
process a simple five-step process for
how to use email to test your value
proposition
just before I go on let me ask you a
question how am I doing with pace is the
pace good or is this are you guys
finding is this valuable are you guys
anything you have help optimize me as
I'm presenting here good okay great you
guys are very encouraging okay I
appreciate it all right so we're talking
about this five-step process okay here's
the thing though I've got a little
caveat for you email testing will be
useless to you
if you're not willing
to be a miserable failure
okay email testing will be useless for
you if you're not willing to be a
miserable failure you've got to be
willing to take some you're going to
take some some risks you got to be
willing to be wrong in fact this is one
of the hardest things for marketers to
do it's number one it's hard for
marketers to be honest
it's hard for our marketers to be honest
about you know what what what's
sometimes we're afraid of testing
because what it'll what it'll reveal
it'll it'll actually reveal that we were
wrong
so in fact in fact if I were if I were
live with the audience right now
and I've done this before I would
actually make you at this moment before
I and I would refuse to go on I'd make
you say hold up your hand and say I was
wrong I was wrong in fact if if you've
got the courage I'd encourage you right
now let's just get into the mode Let's
just say it together I was right in fact
you should just type it you should tweet
it I would there you go there you go you
guys are diving it in excellent awesome
so you guys are ready so this is you
guys are letting me know that this is
you guys are marketers ready to actually
do some email testing so let's go into
the steps right now
awesome you guys have been an amazing
Interactive Group so this is great Five
Steps step one and we use this process
in mechlabs and testing our own value
propositions first you want to identify
potential claims of value
all right you're going to see this
diagram throughout the process this is
just a kind of an overall visual diagram
to kind of let you know where we're
walking through the process so for the
first step here on the far left is
identifying top claims of value you
actually just want to have a this is
where you can have a group discussion
okay this is where you can actually sit
down
and say okay what are the possible
angles that we have associated
with our product
so let's imagine for a moment that we're
selling mortgages
okay I want you guys to put your uh your
Banker your your marketing for a bank
hat on for a moment just think about it
for me if you're selling mortgages we're
sitting around the room
what are some possible angles what are
some possible emphasis of value claims
of value that we could focus on
ease of getting a mortgage low interest
rates
speed of turnaround best rate
honesty local servicing this is good you
guys are this is exactly what you got to
do you got to sit down at the table and
and map out all the options okay this is
what you want to do for you don't want
to leave any on the table you can use
focus groups for this
here's some examples you guys hit on the
majority of these let me just show you
what we put down on the slide so
reliability might be a potential claim
of value the lowest rates ease of
process same thing branding you might
have a strong brand you can lean on
payment plan options sometimes you've
got unique payment plan options not
offered elsewhere
reduced anxiety service quality and
Community involvement the bank could be
doing things in community and for some
reason that could just we're again this
is just a joint we've thrown everything
possible on the table that's the first
step that's what you want to do that's
the easy step that's the fun step
it gets a little bit more challenging
here this is where uh we're gonna take
you know you can actually do 10 to 20 of
these potential claims we usually stop
people at 10. okay and now in this step
what we want to do is we want to
actually start estimating the force
of the value of each of each claim we
actually in our our course on value
proposition we have an entire session
dedicated to
figuring out how to measure the force of
your value proposition where there's
four elements that go into that but what
we're doing here is we're actually
reducing the number of claims down to
maybe like four or five that we can
actually test
so here we are in the process we have
the top claims
we want to get them down to let's say
five or six okay I mean it's a rough
number but you wanna you wanna get them
down to and and bottom line it's based
on how big your list is and how many you
emails you can send and get a
statistically valid result so here's how
we do it
all right what we want to do is we want
to ask ourselves is this claim is
reliability is it appealing meaning does
the customer want reliability how
appealing is it and how exclusive is it
and what you're trying to do is you're
trying to move this is kind of a
simplified version of what we teach in
our course you want to move to the right
you want claims it's easy to find a
claim that's appealing has broad appeal
but is an exclusive
you know it's it like for instance uh
uh
oxygen would be very appealing oxygen is
very appealing to a lot of people all
right we survive on oxygen but you know
it's everywhere it's not exclusive you
couldn't really sell it you couldn't
sell I mean actually what's really funny
about this is I just uh salsa on selling
oxygen at uh the airport coming back
from Canada so scratch that example it
is actually possible to sell but but you
get the idea you can actually have
something that's appealing that everyone
needs everyone wants but doesn't have an
exclusivity and the other way you could
have something that's incredibly
exclusive
you know but it have it has no appeal I
could I could tell you right now that
this is the only webinar where you get
to hear Austin McGraw speak that's very
exclusive right very exclusive but the
appeal is a little bit lower
peels a little bit lower
so that's the kind of the idea I could
tell you that uh
this is the only place that you can get
a signed uh
PowerPoint clicker from Austin mcroll
the only place in the world you can get
it people are going to be rushing to get
this thing because you know what there's
not much appeal not many people want
that if I was Steve Jobs or something
like that maybe they'd be more appeal
but all right so that's what you're
trying to do just kind of some silly
examples there to help you kind of get
the point we're looking for something
that has both appeal and exclusivity
so you can see here we took those
potential claims of value and we began
rating them reliability we have people
want reliable things but you know what
in this situation
in this situation uh everyone else is
claiming reliability so there's no
exclusivity or there's nothing different
about our reliability that makes us
Makes Us exclusive payment options we
are exclusive in payment options we we
have these specific things that you
can't get anywhere else in terms of
options for payment but you know what
we're not quite sure if that's appealing
this is where you want to test this is
where you use email to test but the
thing is is we've identified it is
exclusive we're not quite sure about the
appeal payment plan options that's
actually the same thing as the other one
I would say brand name
same thing no one else has our brand
name we're not quite sure lowest rates
here now that's something that is
appealing and exclusive and the reason
why it's exclusive is because you know
what
it's the only place you can get this
lowest rate it is the lowest rate all
right this is again a kind of a
hypothetical situation that's what you
want to do and bottom line is you're
you're eliminating you're eliminating
any of those claims that don't have both
the peel and exclusivity
all right
in our value proposition course I'm not
selling but just if if this is something
intriguing to you you want to go deeper
in how to actually measure the force of
a value proposition measure the force of
specific claims we have an entire
worksheet dedicated to doing we have
actually an entire session dedicating to
to helping you do that and we actually
look not just at a pill and exclusivity
but we look at credibility and Clarity
those are two other elements that are
absolutely critical in value proposition
process
so now what you want to do now the fun
stuff happens now you actually get to
test and the first round of testing is
with subject lines the reason why is
because you're going to have more claims
of value you're going with those five or
six that you have and what you want to
do I'll show you this is where we are in
the process
let me show you a case study here real
quick
all right so actually now we're turning
this kind of hypothetical situation into
a real case study where we did this so
here you have the claims to the left
lowest rate payment options brand name
how can you turn that into a subject
line here you go
here's just an example of how we did it
and then there's many different ways to
craft the subject line these are just
examples we actually what you do is you
actually end up testing two or three
different variations that focused on
lowest rate
payment options the lowest rate mortgage
rates under 2.7 that's focused on the
rate payment options own your home
sooner with free bi-weekly payments
brand name discover the advantages of
brand that's that's that simple you've
got your claim you've got the ones you
want to integrate into a subject line
you're just making sure that your
subject line is expressing that claim
don't integrate more than one claim into
it just one you want to try to get it as
isolated and as focused as possible
in this situation we actually tested all
of these claims some of them are the
ones we've seen before some of them are
kind of new
you can see the open right you're
looking at open at this point you can
see the open rate on the very far right
these two claims stood out
so you notice we're testing all these
different claims and we're testing
different kind of ways to express the
same claim in some situations and what
we're able to see when we do this is
certain claims begin to emerge okay we
started with five or six now two or
three are starting to rise to the top
two or three are what is kind of driving
the motivation
so now what do we do
now we go to round two of testing we
actually test the claim in the body of
the email here's why because you can
actually flush it out a little bit more
you kind of hint at it in the subject
line now we're going to move it to the
body of the email we're going to put
we're going to create a whole email
that's let me just show you so here we
are in the testing
we're now in the round two
so back to the example of the large
financial institution
all right so we took one of those claims
payment options and we integrated it
into the email the entire email is
focused on payment options version a
version B focused on customer service
which one's going to win is it going to
be payment options is it going to be
customer service
you can see them side by side here see
the email the the straw we want to try
to keep the email as consistent from one
to the other all we're playing with here
is the language all we're playing here
is with the messaging the angle of the
messaging we're integrating particular
claims of value into the messaging
holy cow I forgot about this test a 241
this is kind of unique we don't see this
in a value proposition test as I was
saying earlier oftentimes the difference
like 10 14 this is a 241 increase in
conversion the template didn't change
we're not reducing friction we're not
reducing anxiety all we're doing is
changing the value proposition when you
put it in the body of the email copy the
the force of it is increased because
you're expressing it more it's it's
hitting the customer more and you can
see the potential impact if you hit the
right one
you hit the right value so for instance
they can walk away from this test
again integrating
focus on mortgage payment options as
what's going to be driving driving the
customer motivating the customer
let me get kind of practical here before
we got about got a few more minutes here
let me just break this down for how do
you integrate your value proposition
into the body of an email well there's
five parts
five key Parts when you're when you're
changing the copy so take look at the
email that you currently have
okay identify these five key parts and
all you have to do is shift the language
in them just slightly to focus on the
key aspect of value
so here are the five key parts
the first sentence the first sentence or
the headline whatever it is in your
email you've got you've got to hit them
there you've got to integrate the value
proposition right there in the first
sentence of your email you can see how
we did it here to help you make the most
informed decisions and keep your
operations moving forward again we're
focused on overcoming challenges that's
huge probably it's probably the most
important part there may be one that's
like I'll get to it in a minute
featured bullets
okay your email needs to pull out the
key benefits that that are kind of
around that claim of value if it's
customer service you can talk about how
you have a center that's open up 24 7.
you've got 500 people waiting standing
by you can talk about the one-to-one
relational service you can even have a
testimonial you can have things like
that integrated into your your copy and
you want to bring it out you want to you
want to get it to catch their eye and
bullet points is a very effective way to
do that and but you want to take it one
more step
take the key phrases that emphasize the
value
like we did here we underlined them here
but you can underline them or you can
bold them
because that's what people are going to
look at they're going to that's that's
what they're gonna go to the they're
gonna go to the headline they read the
headline they're going to jump to the
bullets and focus on those key pieces
that you've pulled in give them an iPad
to walk through the call to action needs
to say it get the answers
we could probably improve that call to
action a little bit but the same thing
there what we're doing is we're
integrating obviously you can't always
build a perfect email just get get the
main Essence integrated into the copy
even the call to action and finally this
is the piece that I was saying might be
slightly more important than the
headline because oftentimes it's weird
but the one thing that customers read in
the email oftentimes is the PostScript
so you want to have if possible the
value you're talking about integrated
into the PostScript
so you run your test you've you've
tested in the subject lines you've
figured out you know you've reduced it
from 10 to 5. now you're at three and
you integrate those two or three into
two into the email campaign you run a
test you get a result and now the most
important part happens
you have to interpret the test
you're essentially answering three
questions
and here they are
what was the financial impact of the
test
what was the financial impact of the
test so just the raw data here how much
this impact this is just looking at the
numbers this is the lift aspect we want
to take it a step further question two
what do we learn about the customers
these are three questions in fact you
might want to write these down what was
the financial impact of the test what
did we learn about the customer and then
finally where can we apply these
insights this is where the huge results
lie you take what you've learned about
your customer and you apply it
everywhere it's not about improving an
email campaign it's about discovering
the essence of your value proposition
and using that to better serve better
connect better understand your customer
we did this with a partner here I don't
have time to go through the entire case
study but essentially you see that page
in the middle we had that's actually
probably around three or four of testing
on a web page all right you can do this
with email we've done it with email it's
around three or four on a web page we
gotta lift we discovered this was the
messaging this was the value proposition
and we rolled it across the site the
original page in the middle got a 201
increase in conversion actually there's
a little more than that because there
were some compounding tests above it but
you can see when we went and applied it
elsewhere on their site different
channels different customers
we impacted conversion all over the
business it was this huge success
that's what we want to do today we want
this is where true competitive Advantage
lies and understanding your customer
understanding your value proposition and
being able to express it once you
understand it you have to express it
okay once you understand your value
proposition you want to make sure every
element of your page every element of
your marketing collateral the images the
headline the call to action everything
even the colors every pixel must preach
your value proposition okay you want to
make sure you're expressing it through
every pixel on your page not a single
Pixel wasted
that's what we want to do so just a
summary of the steps we're wrapping up
here
summary of the steps first you want to
identify the potential claims of Value
Estimate the force of each claim and
then test within subject lines test
within the body copy and then
interpreter it's a simple process
oftentimes it seems so complicated how
we figure out this is simple it doesn't
get much more simple than this you can
go back walk away and says you know what
oftentimes we
we get uh questions you know people come
to an event and they see us train and
they love it they like it they want to
they want to get it in their
organization okay they want to spread it
across they want to transform the
organization and somehow but but they
hit resistance and it's difficult and
they're always asking us how can I get
my organization to buy into what I think
is good with this testing so how can I
get my organization become a testing
organization optimization focused
organization
you know what
this this little methodology is huge for
that number one it's simple it's easy
you can test the subject line you can
begin determining your value proposition
and the potential impact is huge if
you're going to convince anyone this
methodology
might be the one for you to use it's
kind of a crack in the door that you can
kind of get if if you have difficulty
transforming your culture with testing
or optimization this is the way to do it
this is how you can actually change an
organization
so that's all I have for today I think
I'm out of time but uh let me see do you
guys have any questions any questions
that come to mind here anything
I'm just I'm just looking at the
questions coming coming in
how can you craft a value proposition
for a Consulting service not necessarily
a product all right listen this is from
Natalia great question all right let me
let me let me just say this this is I'll
leave you with this piece okay
and I I wish I could tell you more and
I'm not going to sell it I don't want
I'm not trying to sell you but if you
really wanted to answer that question go
take the course online it it will give
you a more in-depth uh understanding of
the term value production but bottom
line is people don't understand what we
mean by value proposition in fact we've
had we had people on the webinar submit
value propositions for this webinar um
all the ones that we've looked at all
the ones I've looked at were not value
proposition statements at all
and the reason why is because there's
just confusion around the term we don't
really know what it means let me just
simplify it for you okay we've done the
research we've looked at all the
different methodologies here's the
simple way to think about value
proposition and it answers your question
to tell you your value proposition is
simply an answer to a question a
question that's posed in the mind of
your customer the question is this if I
am your ideal Prospect why should I
purchase from you rather than any of
your competitors
if I am your ideal Prospect why should I
purchase from you rather than any of
your competitors your value proposition
is only an answer to that question and
it's got to be appealing and it's good
so you and often what you want to do is
you want to start with the word because
why because of this because we're the
only company that does this go back to
uh Natalia's question for me Paul I
can't see it no no you're fine just all
right so so let's take her example here
for a Consulting service so basically
you adjust the question
right if I am fill in the blank who are
you trying to sell to if I am blank
why should I engage your Consulting
service rather than any other Consulting
service
that's the question you're answering
just be able to take that question and
adjust it for your situation you can
adjust it at a prospect level you can
adjust it at the product level and you
can even adjust it at the process level
again all that's taught in the course
all right so Natalia what you'd want to
do is you want to make sure that you
have an appealing and an exclusive
answer to that question if you do not
you will be sir if your if your answer
is not exclusive and maybe that's what
you're talking about in your question
then you're only going to be surviving
on pockets of ignorance and oftentimes
you're you're just on a declining slope
you need to find what is it about your
company what is about your offer what
about your product that you can't get
anywhere else
so that's all the time we have today go
ahead and take me to the final slide
I want to say this
if if this is intriguing to you if you
if you would love to run email tests or
want to discover your value proposition
we're always looking for people we're
looking for research Partners to
actually help us in our research of
value proposition we want to learn
what's the what's kind of the nuances
from industry to Industry about value
proposition how can we get better at
testing value proposition so if that's
something that's intriguing to
interesting I would encourage you just
fill out the form at the end again this
is just uh you know uh it only if it's
interesting to you if if you know
advancing the research on value
proposition and potentially even
generating some results for your page is
interesting then you fill out that form
uh bottom line let me know how you
thought of today's Clinic if you found
the practical application helpful
um give me any any uh you know critique
or advice that you can give me
um
I appreciate you taking out time of your
day to attend this Clinic
um I hope that we'll see you back here
in two weeks please if you do anything
these clinics are free we don't charge
for them the only thing we ask you to do
if you're willing if you found these
valuable share it with a friend tell
someone else
all right hope you have a good day we'll
see you back in two weeks
thank you