Why Your Elevator Pitch Stinks
Almost every sales organization trains its sales folk to use some kind of "elevator pitch" which is supposed to "hook" a prospect in a few seconds. However, most elevator pitches don't work because:
- They're way too long, so the prospect loses interest.
- They're too detailed, so the prospect feels overwhelmed.
- They lack enthusiasm, so the prospect becomes bored.
- There's no follow-through, so the pitch doesn't lead to a sale.
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According to sales wunderkind Barry Rhein, elevator pitches should be:
- Crisp. A good target length is ten to twenty seconds.
- Pertinent. They hit key points, without using jargon.
- Energetic. The sales pro's enthusiasm and commitment shines through.
- Focused. The pitch results in a meeting with the prospect.
- The lead-in. Provide the conceptual and emotional framework that appropriately positions the second element.
- The contents. Specific information about the rep, the firm or the offering that will intrigue the prospect.
- The engagement. An open-ended conversation starter that assesses the prospect's interest and starts a conversation.
- The call to action. The sales rep asks for a meeting to discuss the matter further, thereby moving the sale forward.
For an example of how to do it right (and wrong) check out the following posts: