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{"id":12237,"date":"2024-02-12T09:47:45","date_gmt":"2024-02-11T22:47:45","guid":{"rendered":"https:\/\/www.strategyaudit.com.au\/?p=12237"},"modified":"2024-02-12T09:47:45","modified_gmt":"2024-02-11T22:47:45","slug":"4-crucial-questions-to-unlock-the-power-of-your-advertising","status":"publish","type":"post","link":"https:\/\/www.strategyaudit.com.au\/2024\/02\/12\/4-crucial-questions-to-unlock-the-power-of-your-advertising\/","title":{"rendered":"4 crucial questions to unlock the power of your advertising."},"content":{"rendered":"

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Last week I provided a template for a Customer Value Proposition. The template works well, but ‘Customer Value Proposition’ is a piece of marketing jargon which just means making a promise to your customers.<\/p>\n

This presupposes that you actually know who your ideal customers are, and what sort of promise would be attractive to them.<\/p>\n

In the January February 2024 Harvard Business Review there is an article called ‘The right way to build your brand<\/a>‘ written by Roger Martin and two Co-authors. The article sets out research that proves the hypothesis that making a specific promise to customers is more attractive than a generic claim of some level of excellence. The specific promise is about the benefit a customer will receive with use of the product. A generic claim to greatness is just about the product.<\/p>\n

It does not surprise that the first is more powerful than the second.<\/p>\n

‘Your promise is your strategy’ is a sub headline towards the end of the article. When you think about it, the observation must be right. Strategy is a process of influencing factors over which you have no control in such a way that the subsequent behaviour of the customers benefits your enterprise rather than an alternative. Making a promise of performance in delivering an outcome desired by a customer is about the strongest driver of short-term behaviour I can think of.<\/p>\n

Delivering on the promise, will build trust.<\/p>\n

Right at the end the authors ask four crucial but simple questions that can be used to determine if a proposed advertising campaign is worth investing in:<\/p>\n