How to Write a Positioning Statement

How To Write a Positioning Statement from The Startup Garage
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Many first time entrepreneurs get tripped up on the positioning statement portion of their business plan and how it differentiates from their value proposition.  In this blog post, we will tell you just how to write a positioning statement.  Please refer to the following links for instructions on how to write a value proposition and the difference between a value proposition and positioning statement.

What is a Positioning Statement?

Let’s start by making sure we all understand what a positioning statement actually is.   A positioning statement is a one or two sentence statement that articulates your product or service’s unique value to your customers in relation to your direct competition.  It explains why your customers should purchase your product or service over that of your competitors.

How to Write a Value Proposition?

A good positioning statement includes five primary components:

  1. Your target customer – a clear description of the core group to whom you want to appeal
  2. The frame of reference – the category in which you compete
  3. The key benefit – often the feature that differentiates you from the competition
  4. The reason to believe – your ability to deliver on your promise.

For (target customer) that seek (frame of reference of product category), (product or service name) offers (key benefit) that/because (reason to ).

For example: “For entrepreneurs that seek a professional business plan writer, The Startup Garage offers customized, investor-ready packages because our consultative approach, business experience and industry knowledge allow us to identify your goals and put together a plan to accomplish them.”

 

Whether you have a question about your positioning statement, or you’d like to discuss our business plan writing services, feel free to contact us for a free consultation!

 

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About Tyler Jensen

I work with entrepreneurs who are looking to attract investment and get out of the "Garage". I am passionate about helping entrepreneurs start companies that matter. I helped launch over 100 Companies, Non-Profits and Social Enterprises. I consider myself a serial entrepreneur, startup coach & trusted advisor. * Launching New Companies (For Profit, Non-Profit and Social Enterprise) * Expert Business Plan Writer * Extensive Network of Business Relationships focused on Launch & Rapid Growth of New Companies * Startup, Growth, Marketing, Technology, Web, Business Systems * Trusted Advisor to CEO’s & Entrepreneurs * Capital Raising Strategy Development * Startup Team Development The first company I started and sold is VAVi Sport & Social Club which grew to over 25,000 members in six years, was recognized as San Diego’s 30th fastest growing private company in 2006 by the San Diego Business Journal and 32nd fastest in 2007, and sold for over 25X the capital investment.