Develop An ‘Elevator Pitch’ And Tell The World About Your Business
September 26, 2009 by Reba
Filed under Blog, Hot Topics, Internet Basics
Over the years I’ve heard many business authorities talk about the benefit of preparing an ‘elevator pitch’ for your business. I never much cared to write one, much less deliver a ‘pitch’ in an elevator of all places, so I didn’t participate. For heaven’s sake, an elevator is not a place where you want to talk to other people, right? Aren’t we all supposed to fixate on the numbers as they change when moving from floor to floor?
All kidding aside, what I didn’t realize is that developing an ‘elevator pitch’ is not so much about where it’s delivered as much as it is about knowing what your business does and being able to tell others. It’s about taking your company’s main focus out of the obscure recesses of your head and putting it into words for the world to hear. Come to find out, doing this isn’t always an easy task.
When the ‘time’ presents itself, and it will present itself, having a memorized ‘elevator pitch’ for your business will help you communicate what your business does and you won’t have to worry about going off on a long-winded, disjointed, tangent. In fact, a well constructed ‘elevator pitch’ helps others quickly decide whether or not they want to know more about your business. And the fact that you know exactly what to say when that ‘time’ presents itself, gives you a distinctly higher possibility of having your audience want to know more.
One thing I learned while writing the ‘elevator pitch’ for this website is that summing up what your business does is not all you will gain. The process of writing the pitch actually helps you realize what the one most important thing is that you want your customer to know about your business.
What is an ‘elevator pitch’?
An ‘elevator pitch’ is a succinct summation of what your business does. It should be easy to understand and should take no longer to deliver than it takes to ride an elevator to the top of a short building. It should be delivered in such a way that it excites the listener and entices them to want to know more.
How do you write an ‘elevator pitch’?
- Do not use a cookie cutter template that is easy to find on the internet. Make your pitch unique and give it personality.
- An ‘elevator pitch’ is not a sales pitch. Do not allow it to sound cheezy.
- Your pitch must be easy to understand by anyone, even your grandmother. Do not use acronyms or industry jargon.
- The core of your ‘elevator pitch’ should convey benefits to your customer. This is where you should explain why your business is unique and better than your competitors.
- Ensure it is no longer than 30 seconds. This will drive you to focus on what’s most important about your business in the eyes of your customer.
- Lastly, memorize it, rehearse it, inject passion, confidence, and personality.
Delivering your ‘elevator pitch’.
- Practice it, and then practice it again, and then again and again. Out loud in a mirror. Determine how it will be different when delivering it to different audiences and practice it some more. Get to the point where it rolls off your tongue naturally.
- Get over any apprehension you may have about ‘tooting your own horn’. Delivering an ‘elevator pitch’ about YOUR company is all about telling how YOU will deliver.
- Speak at a pace that shows calm confidence. People can be put-off when you speed through a rehearsed speech. Make sure it sounds natural.
- Remember the first rule of sales – ABC – always be closing. Give your speech to everyone, don’t save it for only those you think are customers, you never know when a potential customer is sitting at your table or…standing in the elevator with you.
An effective ‘elevator pitch’ is designed to give its audience enough information that they will know what you’re talking about and then have enough interest to want to know more. It should not overwhelm, intimidate, or make the other person feel dumb. And it should not be so detailed or long that they tune out.
Here’s version 2 of my elevator pitch for Internet Marketing Boomer and I still think it needs work, actually, a lot of work:
“I help internet business owners find success online by explaining and teaching online marketing concepts through the articles I post on Internet Marketing Boomer. I do that by examining, reviewing, reporting and recommending internet marketing knowledge products as well as writing about how to set-up an internet business and website, how to drive traffic to that website, and examining the different options people have to make money online. Basically, with what I write, I help internet business owners find the information they need to succeed online.”
The tag line I’ve developed for my ‘elevator pitch’ is:
“Helping internet business owners find the information they need to succeed online.”
Keep it concise, to the point, and easy to understand. Deliver it with passion, confidence and personality while keeping it shorter than an elevator ride up a short building. Do all that and you will have an ‘elevator pitch’ that not only helped you pinpoint what your business does but will allow you get a lot of people interested as well.
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