๐พ๐ค๐ข๐๐ฃ๐ ๐ช๐ฅ ๐ฌ๐๐ฉ๐ ๐ ๐ซ๐๐ก๐ช๐ ๐ฅ๐ง๐ค๐ฅ๐ค๐จ๐๐ฉ๐๐ค๐ฃ ๐๐จ ๐ฎ๐ค๐ช๐ง ๐๐๐ง๐จ๐ฉ ๐ฉ๐๐จ๐ ๐ฌ๐๐๐ฃ ๐จ๐๐ฉ๐ฉ๐๐ฃ๐ ๐ช๐ฅ ๐ ๐๐ช๐จ๐๐ฃ๐๐จ๐จ ๐ฅ๐ง๐ค๐๐๐๐ฉ!
Basically, you need to identify a necessity in a part of the population (your niche target and buyer personas) and come up with a way to fulfill it. As it happened with Yusr Sabra, CEO and founder of online delivery company Wakilni, your own previous experience can provide you with clues of where the void in the market lies, as well as detect if your potential competition is doing anything wrong, so that you can pay a better service.
In the case of Wakilni, Sabra noticed that there was a yearn for delivery services for small businesses that were on e-commerce, which at that point was still a new phenomenon. As she recalls, her startup began as a support service for home and office owners, but then realized that most logistics providers were too large to service Small and Medium-Sized Enterprises (SMEs) and meet their specific needs. Therefore, she rebuilt her blueprintย towards satisfying that audience.
Sabraโs testimonial is an example on how a value proposition is mainly about being different and creating your own niche, rather than just trying to win a race against competitors who are already at full speed. As stated by Wakilniโs slogan: โBecause greatness just needs a little support,โ instead of demanding your clients to adapt to your heal-all creation, you are better off being flexible, finding out what they want, and delivering it to them.
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