How to make an elevator pitch
Before you start making your elevator pitch, there are a number of things that are important to know. You need to understand what an elevator pitch is and why they are important. Also, you need to know how to write one, and to help you do that it is a good idea to look at some examples and tips.
What is an elevator pitch?
An elevator pitch is a short presentation that usually is under two minutes in length. It could even be under one minute. The reason why it is called an elevator pitch is because the duration of the presentation is about the same to how long it takes to ride an elevator to the top of a tall building. Another way in which the term elevator pitch could be explained is that it was based on the hypothetical situation that you could run into an important business executive while sharing an elevator and that you would have the length of the ride to run your business idea by him/her.
An elevator pitch could be about yourself – for instance, if you are looking for a job – or it could be about a business idea, a product or a service.
Why is a business pitch important?
You could look at an elevator pitch as a mini-presentation that is always ready to go, and there is a variety of reasons why it is helpful to have one. First of all, an elevator pitch could serve as a good icebreaker to start a conversation and it is a useful way to get a lot of information across in a short time. Also, you pitch could work as an effective transition from the online-version of you, to the real-life version of you. It could serve as a way to be more than a person on a phone or a screen and could help you to make an impression. A well-prepared elevator pitch also helps you in exciting or stressful situations in which you want to rely on information that you have already thought about and prepared. Finally, an elevator pitch may also create opportunities for you to take the lead in conversations in which you need to make an impact.
How to write an elevator pitch
An effective elevator pitch is made up of four parts. First, you need to introduce yourself in a way that is short but memorable. Also, you need to provide a summary of what you do. This is important because it helps the listener to assess whether you, or the idea, product or service you provide, could be of help. Once you have made this clear to your audience, you need to explain what you want. In other words, this is the part in which you explain what you have to offer, or which problem you solving. Finally. your elevator pitch should always end with a call to action. This means that you have to make something happen that will help you to maintain the relationship between you and the person you are pitching to. This could be trying to set up a meeting, offering to call, sending an email, etc.
Now let’s look at these four elements in a bit more detail.
Explaining who you are
When you meet someone for the first time, you need to say hello and give your full name. Depending on what the custom is, you accompany this with a handshake, or a bow, etc. After that, you may want to add a pleasantry like, ‘It’s nice to meet you.’, ‘It’s a pleasure to meet you.’ or something along those lines.
Explaining what you do
Explaining what you do starts with describing your background and briefly giving an overview of your education. This helps your listener to determine who you are. After that, you need to explain what your work experience is, so the person you are pitching to can assess whether your skills and your background could be useful. It also helps to emphasize any specialties or strengths you may have, because these may set you apart from potential competitors. Here’s an example of how to introduce yourself and explain what you do:
Hi, my name is Yui. It’s so nice to meet you! I’m a PR manager with a special focus in overseeing successful initiative launches from beginning to end. Along with my seven years of professional experience, I recently graduated with my MBA from Osaka University, with a focus on consumer trust and retention…
Explaining what you want
After you have explained who you are and have told your listener a bit about your background, you need to make clear what you want. What that is depends on the situation, of course. You may want to pitch yourself, an idea you have, a product of a service, but what all these have in common is that they should all include an ‘ask’. In your ask’ you specifically state the goal of your pitch. This could be a job opportunity, an internship, or just the contact information for a follow-up meeting.
Secondly, you need to explain the ‘value’ you bring to the table. In other words, you need the explain what your audience has to gain by listening to you so they understand what you have to offer. Let’s look at the following example:
I find the work your PR team does to be innovating and refreshing—I’d love the opportunity to put my expertise to work for your company…
Finishing with a call to action
Now that your audience knows who you are, what you do, and what you want, you need to end your pitch with a call to action, in which you explain what you would like to happen next. This could be a request for setting up a meeting, getting the opportunity to express your interest in a job, etc. What is important is that you make something happen that will lead to further contact between you and the people you spoke to.
If your request is agreed to, you need to thank your audience for their time and obtain their contact information. Be sure to end your conversation with a ‘task-oriented’ goodbye, like:
Thank you for your time. I will send you a follow-up email tonight. Have a great day.
Here is another example:
Would you mind if I set up a quick call next week for us to talk about any upcoming opportunities on your team?
As mentioned, what your pitch will look like very much depends on what you would like to achieve or what your ‘ask’ is, so next are some examples that have been put into context.
Context: Adding a contact
Job title: Business analyst
Hello! My name is Anwar, it’s a pleasure to meet you. I have a background in Business Analytics with just over 10 years’ experience creating data-driven solutions for various business problems. Specifically, I love and have had great success in the strategic evaluation of data analysis with our executive staff. It sounds like you do similar work—I would love to keep in touch to learn more about what you and your company do.”
Context: Seeking a job opportunity
Job title: Media Planner
Hi, I’m Tom. I’ve spent the last eight years learning and growing in my role as Media Planner, where I’ve developed and optimized strategic media plans for our top client and managed a subset of planners as a Team Lead. One of my proudest achievements was a pro-bono project that was recognized as a top non-profit campaign last year. I’ve been interested in moving to non-profit for quite a while, and love what your company does in education. Would you mind telling me about any media planning needs you may have on the team?
Elevator pitch tips
Of course, your elevator has no value on paper; it needs to be presented orally, so you can make an impression. In order to prepare your pitch, there are a number of things that you can do. First, it helps to read the pitch out loud to yourself to detect any mistakes and opportunities to say things more concisely. Also, you may want to ask a friend to help you practice out loud so you can receive some feedback. This will give you an opportunity to polish and finetune your pitch. Finally, keep in mind that most people, when they get nervous, tend to speed up and start rushing through their speech. Just remember, to keep your pitch short and concise and then take your time and speak at a normal pace.