Sunday, October 24, 2010

How to Craft a Killer Elevator Pitch That Will Land You Big Business

 What is an Elevator Pitch?

This is the 30-60 second business description of what you do and why someone should work with you. It's called an "Elevator Pitch" because it describes the challenge: "How would you explain your business and make a sale if fate placed you in an elevator with your dream prospect and you only had the time it takes to get from the top of the building to the bottom?"

This article will explain the elements of a powerful elevator pitch and then walk you through how to craft yours.

Essential Elements of a Powerful Elevator Pitch
  1. Concise. Your pitch should take no longer than 30-60 seconds.
  2. Clear. Use language that everyone understands. Don't use fancy words thinking it will make you sound smarter. Your listener won't understand you and you'll have lost your opportunity to hook them.
  3. Powerful. Use words that are powerful and strong. Deliver the "Sis-Boom-Bang" to grab their attention!
  4. Visual. Use words that create a visual image in your listeners mind. This will make your message memorable.
  5. Tell a Story. A short story, that is. A good story is essentially this: someone with a problem either finds a solution or faces tragedy. Either type of story can be used to illuminate what you do.
  6. Targeted. A great elevator pitch is aimed for a specific audience. If you have target audiences that are vastly different, you might want to have a unique pitch for each.
  7. Goal Oriented. A kick-ass elevator pitch is designed with a specific outcome in mind. What is your desired outcome? You may have different pitches depending on different objectives. For instance do you want to: make a sale, gain a prospect, enlist support for an idea, or earn a referral.
  8. Has a Hook. This is the element that literally snags your listener's interest and makes them want to know more. This is the phrase or words that strike a chord in your listener.

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