Once a week or so, our team speaks to a new company who are asking for some help with their proposition. It’s a reasonable request. But I’ve noticed they keep coming up with new words to describe what they want our help with.
When someone says “it’s our core proposition that’s broken”, what I’m really hearing is “something isn’t working here but I’m struggling to know exactly what, so let’s just start the whole thing from scratch”.
What a lot of people really need is just a new adjacent product, or perhaps a pivot of their existing product. It might even be the case that a new feature would be enough to completely differentiate them in the market.
More often than not, isolating where the real issue is, that’s the hard work. But the tendency to lead with “the proposition is the problem” is a dangerous one. The result? Working harder than needed, when we’d be simply better off working smarter.
A proper proposition is a very powerful thing, but the word itself seems to be becoming awfully diluted, and thrown around like a game of buzzword bingo.
Here’s how I’d define what constitutes a proposition, versus a feature, a product or a service. Otherwise, I fear this could soon get out of control and it’ll become the most overused word in innovation since… well… innovation.
Your proposition should be a summary of your company’s offering, in customer-facing language. It needs to be short and easily understood.
It tends to encapsulate the company’s key differentiator or positioning, and functions as a wrapper around products and services.
What I mean by this is, customers buy into a proposition but what they receive is one or more of that company’s products (I think you can use the term “product” and “service” in this sense, interchangeably 99% of the time).
Your proposition sits above all of your products and services. It both encompasses and aligns them to your overarching positioning.
Let’s use Citymapper, the digital travel wayfinding tool, as an example.
Their proposition would be something along the lines of:
We help people to travel from A to B. We use technology to make it as easy as possible for people to find their way when travelling.
2 of their products would be:
Citymapper app: A smart phone app that helps you understand all the transport options when getting from A to B. Customers pay for this product with their data.
Citymapper Pass: A payment card, with which you can pay for all your London travel needs. Customers pay for this product through a monthly subscription.
And the features of each product would be:
Citymapper app features:
Citymapper Pass features:
Really, all products are just a way for the proposition to become something that a customer can actually use.
You can save a heap of time, effort and money if you know where a problem lies within your proposition ecosystem, especially when engaging outside help.
Proper propositions allow you to work smart, not hard. And in turn, create more valuable things.