What is product description in business plan?

This is the part of your business plan where you will describe the specific products and services you’re going to offer. You’ll fully explain the concept for your business, along with all aspects of purchasing, manufacturing, packaging, and distribution. You’ll go over suppliers, costs, and how what you’re offering fits into the current market and stacks up against your competitors.

How do you write the Products and Services section of a business plan?

While your product may be technical, don’t get caught up in complicated industry jargon. Explain and describe what you’re offering in layman’s terms, so someone who isn’t familiar with your business will understand and be excited about it. It may be necessary to give some basic background if this is an area or industry people are unfamiliar with.

While you write up the Products and Services section of your business plan, keep your reader in mind. Things that you might take for granted or know inside-out might not be common knowledge to potential lenders or investors. As you write, avoid being too technical, assuming too much knowledge from your readers, and using buzzwords.

You don’t want to come off as condescending, but you do want to make sure everyone understands what you’re talking about. To see if you’ve succeeded, have some trusted people who aren’t in your industry proof-read this section for you, and ask them to explain your product or service in their own words, along with the benefits to using them.

Here are the points you want to write up in the Products and Services section of your business plan:

The Product or Service Description

What is your product and service, and how does it work? How does it benefit customers? How do you make it or how will you get it made?

Product Comparison

What makes this product or service unique or better than what’s already available in the market? Why would someone choose to buy your product or do business with you over someone else?

Accreditations/Intellectual Property

Have you had the product tested or certified? Gotten approvals from industry experts? Did you trademark, copyright, or patent your product? These can add substance and credibility, so be sure to mention them.

Lifecycle

Where are you currently with this product or service? Is it in the idea stage or do you have a prototype? Have you produced some and are looking to expand? Have you started offering this service already or are you still in the planning stages?

Pricing

How much will you charge for the products or services you’re offering? Where does this fit in with what’s currently available?

Sales and Distribution Strategy

How will you sell it? Will you market it online or in retail stores? Have you lined up any vendors? How will you distribute it or deliver the service you’re providing?

Fulfillment

How will you fill orders or deliver the service? Will you manufacture items yourself or outsource to someone else? Who will handle distribution, and how?

Requirements

Will you need any special equipment or technology to provide your product or service?

Expansion

Do you envision future products or services as an extension of the business once it’s successfully launched?

Photos or Brochures

It’s beneficial to include a visual representation of your offering. Photos or brochures would generally get put in the plan’s appendix, but you would refer to them in this section.

How Do You Stand Out?

Perhaps most importantly, emphasize how and why you are competitive. How do you stand out, and why does this business have such a terrific chance at succeeding? In talking about your product or service, always try to answer why a client would want it. How will your offering make your customers’ lives better or more profitable? What need are you fulfilling or what problem are you solving?

To sum up, the product and services section of your business plan gives the reader a clear understanding of why you’re in business, what you sell, how you compete with what’s already available, or how you fill a niche that no one else is meeting.

Next > Business Plan Section 5: Market Analysis

Most product descriptions are terrible. 

Who really reads the copy on your product pages, anyway? There are so many other things to do on a website in terms of conversion rate optimization that a product description can’t really make an impact on sales, right? 

Wrong. In fact, evidence from an ecommerce study conducted by Nielsen Norman Group shows that 20% of unsuccessful purchases are due to lack of relevant information in product descriptions.

Ecommerce business owners and marketers alike are susceptible to a common copywriting mistake (even professional copywriters make it sometimes): writing product descriptions that simply describe your products. 

Why is it wrong? Because great product descriptions need to augment your product pages by selling your products to real people, not just acting as back-of-the-box dispensers of information for search engines (though SEO can’t be an afterthought, of course).

Let’s have a look at how to write a product description to persuade visitors on your online store to buy.

A well-crafted product description moves buyers through your conversion funnel. If you add a bit of creativity, your product pages instantly become more compelling, leading to more conversions from casual shoppers. 

To succeed in product description writing, you need to answer questions customers have about your products:

  • What problems does your product solve?
  • What do customers gain from your product?
  • What makes it better than the competition? 

A product description should answer these questions in a fun and engaging way. 

What is product description in business plan?

How to write product descriptions that sell

Online stores often make the mistake of listing product features when writing product descriptions. This likely results in lower conversions because people don’t understand how the product helps them. 

Let’s look at how you can create perfect product descriptions that sell for you:

  1. Focus on your ideal buyer
  2. Entice with benefits
  3. Avoid "yeah,yeah" phrases
  4. Justify using superlatives
  5. Appeal to your readers' imagination
  6. Cut through the rational barriers with mini-stories
  7. Seduce with sensory words
  8. Tempt with social proof
  9. Make your description scannable
  10. Set goals and KPIs

1. Focus on your ideal buyer

Understanding how to write product descriptions requires putting yourself in the shoes of your audience. When you write a product description with a huge crowd of buyers in mind, your descriptions become wishy-washy and you end up addressing no one at all.

The best product descriptions address your target audience directly and personally. You ask and answer questions as if you’re having a conversation with them. You choose the words your ideal buyer uses. You use the word “you.”

This is how retailer The Oodie starts the product description for its I Love Plants Oodie in the first of our product description examples.

What is product description in business plan?

🎯 Can’t stop buying plants? Unbeleafable. Don’t worry—us too! Cover yourself in your favourite obsession in our NEW I Love Plants Oodie! For every I Love Plants Oodie sold, one tree is planted across Australia.

When it comes time to write product descriptions for your own ecommerce business, start by imagining your ideal buyer. What kind of humor do they appreciate (if any)? What words do they use? Are there certain words that they hate? Are they OK with words like “sucky” and “crappy”? What questions do they ask that you should answer?

Consider how you would speak to your ideal buyer if you were selling your product in-store, face to face. Now try and incorporate that language into your ecommerce site so you can have a similar conversation online that resonates more deeply.

2. Entice with benefits

When we sell our own products, we get excited about individual product features and specifications. We live and breathe our company, our website, and our products.

The problem is our potential buyers are not as interested in mundane features and specs. They want to know what’s in it for them—how it will address their biggest pain points. Successfully executing how to write a product description requires you to highlight those benefits of each feature.

A great product description example comes from Dr. Squatch. 

What is product description in business plan?

🎯 Made with real pine extract, this all-star bar is as tough as a freshly cut bat. A true MVP of the shower, this heavy-hitter knocks out grime with its gritty composition and ultra-manly, woodsy scent. Toss in the exfoliating oatmeal and the super-soothing shea butter, and you’ve got a bullpen of natural ingredients that will strike out any stink.

Dr. Squatch suggests that the benefit of its soap is not just that it’ll clean you up in the shower, but that the soap is actually tough enough to knock out any stench. No matter how heavy your day was. It also sneaks in some product benefits including “natural ingredients” and “exfoliating oatmeal” to appeal to its ideal buyer persona.

Consider the benefit of each of your features. How does your product make your customers feel happier, healthier, or more productive? What problems, glitches, and hassle does your product help solve?

Don’t sell just a product, sell an experience.

3. Avoid “yeah, yeah” phrases

When we’re stuck for words and don’t know what else to add to our product description, we often add something bland like “excellent product quality.”

That’s a “yeah, yeah” phrase. As soon as a potential buyer reads “excellent product quality” he thinks, “Yeah, yeah, of course. That’s what everyone says.”Ever heard someone describe their product quality as average, not so good, or even bad?

You become less persuasive when potential buyers read your product description and start saying, “Yeah, yeah” to themselves. To avoid this reaction, be as specific as possible. 

One shopper in a recent study could not find the information he needed in the product description, so he left the site to search Google for more product information. In the course of his search, he found another site with the same product, a more complete description, and a lower price.

Beardbrand, for instance, doesn’t describe the quality of its styling balm as excellent. Instead they describe each detail plus its benefit.

What is product description in business plan?

🎯Whatever your style is, Beardbrand Styling Balm is versatile enough to handle it. Designed to work with all hair types, it provides enough hold to keep thick, curly hair under control, keep thinner hair from falling flat, and keep the most unruly beards inline—all while keeping your hair flexible and touchable (no hard, stiff, crunchy hair here). This product pulls its weight when it comes to keeping your look locked in throughout the day. Whatever your style is, wear it with confidence with Beardbrand Styling Balm.

Product details add credibility. Product details sell your product. You can never include too many technical details in your product descriptions. Be specific.

4. Justify using superlatives

Superlatives sound insincere in a product description unless you clearly prove why your product is the best, the easiest, or the most advanced.

Amazon explains why the Kindle Paperwhite is the world’s thinnest and lightest e-reader.

What is product description in business plan?

The word signature gives the reader the impression that this is something special. Amazon goes on to quote the pixel density (300 ppi) and how the reader has glare-free display and twice the amount of storage as previous generations.

If your product is really the best in its category, provide specific proof why this is the case. Otherwise, tone your product copy down or quote a customer who says your product is the most wonderful they’ve ever used.

5. Appeal to your readers’ imagination

Scientific research has proven that if people hold a product in their hands, their desire to own it increases.

You’re selling things online, so your web visitors can’t hold your products. Large, crystal-clear pictures or videos can help, but there’s also a copywriting trick to increase desire: let your reader imagine what it would be like to own your product.

Here’s how Firebox stirs your imagination with a description of its Fizzics DraftPour. It shows how the product solves the problems common with going to the pub for a pint. 

What is product description in business plan?

🎯Nothing beats a freshly pulled pint in your favourite pub—except maybe a freshly pulled pint in your very own home.

Never battle with crowds, struggle for a seat, or have to hang about outside on the pavement just to enjoy your favourite beer again! The Fizzics DraftPour gives you nitro-style draft beer from ANY can or bottle. Even the cheapest economy lager can be instantly transformed into a luxurious draft pint with just one pull of the lever. 

The DraftPour may be a sleek piece of kit, but it’s deceptively high tech under the hood, applying sound waves to convert your beer’s natural carbonation into a smooth micro-foam. These diddy little bubbles create the optimal density for enhanced aroma, flavour, and a silky smooth mouth-feel. 

Get a fruit machine and a few boxes of pork scratchings in and you’ve basically completely replicated your local pub. Sticky bar-top and ancient, dubiously-stained carpet not included.

To practice this copywriting technique, start a sentence with the word “imagine,” and finish your sentence (or paragraph) by explaining how your reader will feel when owning and using your product.

6. Cut through rational barriers with mini-stories

Including mini-stories in your product descriptions lowers rational barriers against persuasion techniques. In other words, we forget we’re being sold to.

Wine sellers like UK-based Laithwaites often include short stories about wine makers.

🎯 The Dauré family own one of the Roussillon’s top properties, the Château de Jau. Around the dinner table one Christmas they agreed it was time to spread their wings and look to new wine horizons. The womenfolk (Las Niñas) fancied Chile and won out in the end, achieving their dream when they established an estate in the Apalta Valley of Colchagua. The terroir is excellent and close neighbours of the Chilean star Montes winery.

When it comes to using your product description to tell a story about your products, ask yourself:

  • Who is making the product?
  • What inspired creating the product?
  • What obstacles did you need to overcome to develop the product?
  • How was the product tested?

7. Seduce with sensory words

Restaurants have known it for a long time: sensory words increase sales because they engage more brain processing power. Here's a great product description example from chocolate maker Green & Blacks.

What is product description in business plan?

Green & Black’s sensory adjectives don’t just refer to taste, but also to sound and touch: “crunchy” and “soft.”

Adjectives are tricky words. Often they don’t add meaning to your sentences, and you’re better off deleting them. However, sensory adjectives are power words because they make your reader experience your product copy while reading.

Dazzle your readers with vivid product descriptions. Think about words like “velvety,” “smooth,” “crisp,” and “bright” if you’re selling food products. 

8. Tempt with social proof

When your web visitors are unsure about which product to purchase, they look for suggestions about what to buy. They’re often swayed to buy a product with the highest number of positive reviews and testimonials. 

One gym apparel seller, Gymshark, includes customer reviews on each product page. It also displays a rating system so shoppers can get product information quickly and easily. 

What is product description in business plan?

Try to include an image of the customer to add credibility to a quote. It also makes your online business more approachable and relatable. You can even integrate a social media feed filled with user-generated content that shows real people sharing success stories about using your products. 

The above quote carries extra impact because it describes the product as popular. The popularity claim is further supported with a cutting from the press and the phrase “press favorite.”

Most buyers are attracted to buying something that’s popular. When it comes to your ecommerce website, highlight the products that are customer favorites.

9. Make your description scannable

Is your web design encouraging web visitors to read your product descriptions?

Here’s a great example of product description from Kettle & Fire. The brand uses bullet points to communicate quick, scannable product benefits. It also replaces the standard “benefits” headline with “Why You’ll Love It,” personalizing the experience for shoppers on the product page.

What is product description in business plan?

Packaging your product descriptions with a clear, scannable design makes them easier to read and more appealing to potential customers.

Leaving shoppers’ questions unanswered can derail a sale or even worse, make shoppers abandon not just the purchase, but the site as well.

Here are some areas to focus on when designing yours:

  • Entice your web visitor with headlines.
  • Use easy-to-scan bullet points.
  • Include plenty of white space.
  • Increase your font size to promote readability.
  • Use high-quality product images.

10. Set goals and KPIs

The goal of a product description is to move a shopper toward purchase. But how do you know if your descriptions are working or not? 

You’ll want to decide on a set of metrics to track on your product pages. Defining these metrics will help you understand what product descriptions are working best and improve on underperforming ones. 

Common KPIs to monitor include:

  • Conversion rate
  • Cart abandonment
  • Return rate
  • Support inquiries
  • Organic search rankings

You can then run different A/B tests using a tool like Neat A/B Testing, resulting in higher conversions and more sales for your ecommerce website.

What is product description in business plan?

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Create your product description template

Unfortunately, there is no one template that can write product descriptions for you. Every product and audience is different and has different buying triggers. And that’s OK, because you want your product descriptions to be uniquely your brand. 

If you're stuck on writing a product description, here are a few prompts that can help you build a product description template that works for your products and business. 

First, answer the following questions:

  • Who’s the ideal customer? Knowing who your product is for is foundational to writing a good description.
  • What are your products’ basic features? Write out any dimensions, materials, functions, care instructions, and details about the fit (if you’re selling clothing).
  • When is the product best used? Is your cozy blanket perfect for cold winter nights with a cup of hot cocoa by the fireplace? Or is it more for a brisk autumn evening as the sun goes down? Highlight the ideal scenarios for when a customer should use your product.
  • What makes your product special? Think about the unique benefits of your product and why it’s better than that of your competitors. 

Once you have this information in a document, use the following template to write out your product description.

  • Write a specific headline that grabs your target customers’ attention. Keep your ideas simple while showcasing an instant product benefit. For example, if you’re selling a yoga t-shirt with a pattern, call it Fleck Studio Shirt.
  • Craft a short paragraph based on the basic features and best-used information above. Look to the examples above to get inspiration for writing an entertaining description.
  • Include a bullet list of product features and benefits. Add any technical details needed.
  • Add social proof. You can use a customer reviews app to capture product reviews on your website and integrate others from third-party sites like search engines or Facebook. 

Now you’re all set to add a product (or adjust an existing one) in your online store! 

A compelling product description will always pay you back

As you prepare to write persuasive product descriptions for your online store, remember:


  • Share your knowledge about your product.
  • Tell stories and explain even the tiniest details.
  • Make an effort not to be boring and instead delight your web visitors with seductive descriptions.
  • Most of all, write with enthusiasm, because your passion for your products is contagious.

Illustration by Eugenia Mello


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Product description FAQ

How do you write an effective product description?

  1. Focus on your ideal buyer.
  2. Entice with benefits.
  3. Justify using superlatives.
  4. Appeal to your readers’ imagination.
  5. Cut through rational barriers with mini-stories.
  6. Seduce with sensory words.
  7. Tempt with social proof.
  8. Make your description scannable.

What is the purpose of a product description?

The purpose of a product description is to provide shoppers with important information that helps them make a purchase decision. Think of a product description like a salesperson who works 24/7 on your product pages to sell your stuff.

What is a good product description format?

    • Specific product title 
    • Short, descriptive paragraph
    • Bulleted list of features and technical details
    • Social proof
    • Call to action

How do you write a product description for a business plan?

Tips for writing a product description.
Engage the reader. ... .
Ensure that your product description is easy to understand. ... .
Show off a little. ... .
Show the need for your product. ... .
Emphasize your product's unique features and benefits. ... .
Keep your description consumer-focused..

What is product description in business?

A product description is the marketing copy that explains what a product is and why it's worth purchasing. The purpose of a product description is to supply customers with important information about the features and benefits of the product so they're compelled to buy.

How do you write a product description?

The best product descriptions address your target audience directly and personally. You ask and answer questions as if you're having a conversation with them. You choose the words your ideal buyer uses. You use the word you.

What should product description include?

A good product description should give all relevant details, convince the buyer of its benefits, and pack an emotional punch. Emotions influence buyer behavior, so your product description is the perfect place to elicit emotions.