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How to leverage the 7Ps of business storytelling to increase profit and scale your startup

Shall we begin? Let’s talk about how to help businesses leverage the power of storytelling.

By admin , in Ignite iThink! Shop , at September 21, 2023

By Obehi Ewanfoh

In today’s rapidly evolving business landscape is the ability to tell a compelling story that can make all the difference. Stories have the power to captivate, connect, and persuade. They can turn potential customers into loyal advocates and inspire employees to excel. For business owners looking to harness this formidable tool, the 7Ps of Business Storytelling offer a strategic framework that can revolutionize the way you communicate.

Want to learn more about storytelling? Start by downloading the first chapter of The Storytelling Series for Small Businesses.

In this article, we will delve into each of the 7Ps as People, Problem, Place, Plot, Purpose, Product, and Possibilities and how to leverage them effectively to enhance the efficiency of your business storytelling. Now, let’s get started.

People: Your Characters Matter
Every great story has memorable characters, and your business narrative should be no different. Your customers, employees, and stakeholders are the characters in your business story. Make them relatable, highlight their struggles, and showcase their successes. When people see themselves in your story, they become emotionally invested in your business.

Problem: Identify the Core Challenge
Stories are driven by conflict, and in business, your conflict is the problem your product or service solves. Clearly define the pain point or challenge your customers face. Highlighting this problem draws your audience in and makes them eager to discover the solution you provide.

Place: Set the Stage for Success
Every story unfolds in a specific setting, and your business story should too. Describe the environment where your business operates. Whether it’s a bustling city office or a quaint rural workshop, the setting adds depth to your narrative and helps your audience visualize your business in action.

Plot: Craft a Compelling Narrative
A well-crafted plot is essential for any story, including your business story. Structure your narrative so that it flows smoothly. Start with the problem, introduce your characters, and take your audience on a journey towards a resolution. Weave in anecdotes, testimonials, and real-life examples to make your story engaging and relatable.

Purpose: Define Your Mission
In business storytelling, your purpose is your mission statement. Clearly articulate why your business exists and the impact you aim to make. A strong sense of purpose not only resonates with your audience but also motivates your team to work towards a common goal.

Product: Showcase Your Solution
Your product or service is the hero of your story. After establishing the problem and introducing your characters, reveal how your product or service swoops in to save the day. Highlight its features, benefits, and unique selling points. Make it clear why your solution is the best choice.

Possibilities: Paint a Vision of the Future
Every good story leaves the audience with a sense of what’s possible. In your business story, inspire your audience by painting a vision of the future. Show them the positive impact your product or service can have on their lives or the world. Leave them with a sense of hope and anticipation. But really, what makes a Business Storytelling more Efficiency? Let’s learn about that.

    Conclusion: Unlocking the Power of Business Storytelling requires incorporating the 7Ps of Business Storytelling into your communication strategy can revolutionize the way you connect with your audience. By humanizing your brand, identifying, and solving problems, setting the stage, crafting a compelling narrative, defining your purpose, showcasing your product, and inspiring possibilities, you can harness the power of storytelling to drive efficiency in your business.

    Remember that business storytelling is an ongoing process. As you grow and evolve, so should your narrative. Stay true to your brand’s values and mission and continue to engage your audience with stories that resonate. In doing so, you’ll not only enhance the efficiency of your business but also create a lasting connection with your customers and stakeholders that will propel your success for years to come. Read More about How To Leverage The 7Ps Of Business Storytelling For Efficiency

    Want to learn more about storytelling? We provide virtual and in-person training customised for your needs as a group or as an individual; small business startup or C-suite organisations. Send an email: or whatsapp: +2348035926901.


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