The word value consistently shows up in most of the conversations I have surrounding business. I remember reading some where, and since I can't remember exactly where I'm not going to quote anyone, and feel free to let me know the origination.
Success in business comes from giving more use value than actual cash value.
I would further add that use value is really the perceived value, and as we know, perception does become reality. People later added that the use value should be 10X greater than the cash value, hence we now see many Internet marketers and others giving away a whole bunch of bonus items and letting you know that their product is only $97 and the total package with the bonus items is worth $1247.
Unfortunately, my gut tells me some individuals really don't understand the whole principle of use value and are more interested in creating hype to sell more products. And if the bonus items have no real perceived use, they do not add use value rather they add to your growing file of perhaps some day when I have nothing better to do I'll open this PDF or some item that will end up tossed into a closet until it is finally thrown away.
To me the principle of greater use value means that your customer not only likes what they receive, they are delighted. They become raving fans. And what you have provided, is more than they expected.
What does this mean to your blog?
What does use value look like for your blog since you're not charging any one to read it?
Steven Rubel's blog Micro Persuasion in a recent post states the "secret sauce" for Corporate blogs being that Corporations interested in blogging need to add value to people’s lives...Give us something we can't find anywhere else.
What's your secret sauce? What can't people find any where else? What is the additional use value your blog is providing? Darren Rowse of ProBlogger ends a post on Value Added Blogging with, so here’s the question to be asking - ‘what value does your blog add to your reader’s life?’
The answer is simple: Your unique expression, ideas and spin. In business many of us would call this our brand. Communicating this uniqueness is your bottom line use value.
We all know that you or I could go on the Internet and read about adding value to a blog, yet Steven Rubel added value by giving it a label - "secret sauce". Darren Rowse added value by bringing it to the attention of his readers and making it more personal with, "what value does your blog add?" I am adding more use value by bringing in the context of a part of "giving more use value" and helping an individual or business understand that part of it comes from your unique expression, ideas and spin.
So before you begin your next post think...what is my secret sauce and what is my unique expression? What is it I want to say? How do I say it? And sit back and take time to notice your pointed difference whether you are a corporate blogger or an every day Joe or Jane. This is what attracts and keeps your readers coming back.
And once you figure it out, toot your horn with confidence.
Regards, Michele Corey, Knee Deep, A dose of insight from your not so average entrepreneur.
PS note to self, remember to keep this in context as I continue to work on new online business.
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