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3 Corporate Pitch Deck Tips: Maximizing Board Room Pitches

Presenting to executives and other high-powered decision makers can have unbelievably high stakes. Corporate pitches of this significance can be absolutely nerve-wracking. You should expect no less from a possible career or life-changing opportunity.

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Achieving success here isn’t a Herculean task. Use these three tips to become a more confident and effective presenter for when it most counts:

Put the Spotlight on Your Core Message

Executives and board members are busy individuals who have no time to do long conversations. Simplify your pitch and break down your message so that it’s easily digestible.

Keep your discussion on the right track.

Avoid using industry-specific jargon and focus on explaining and expounding on your core message. If you have too much important data that clutters up your deck, put them in an accompanying report or handout.

This doesn’t mean your deck has to be plain and bare. Engage your viewers’ eyes with the right visuals. Despite their status, executives are people too, and would appreciate a good pitch that stands out from the numerous other pitches they encounter daily.

Rely on Evidence and Actual Data

Rhetoric tools are still useful in this situation, but the higher-ups need actionable data based on tangible evidence. You can’t expect them to make high-risk decisions based on unconvincing or misleading information.

This is where research comes in handy. Conduct a thorough and comprehensive study on the subject of your current report. If you can’t do it alone, try mobilizing other departments in your company and ask for help.

At the same time, according to entrepreneur John Rampton, you can also outsource and tap into other references to access the information you need. This may even save you the time and cost.

In terms of deck design, don’t saturate your slides with content. Minimize the amount of text to streamline your corporate pitch deck. If your data relies on showing numbers, then explain them in visual ways like charts, graphs, and diagrams.

Rehearse the Nerves Away

These are high-stake affairs, so your preparation should correspond to the predicted benefit of succeeding.

Be self-critical of your own pitch, determine possible weaknesses in your arguments and prepare for your audience’s possible concerns. Consider the proper clothing choices to match your purpose and the occasion.

Opt for an attire that’s not too flashy or formal. Go for something that won’t throw your audience off but give them a memorable impression of you.

It’s natural to feel more nervous than usual but you can get rid of your fears with constant practice. Practice breathing techniques and a few warm-up exercises to put you in the right state of mind during your pitch. You’ll want to be at the top of your game in front of this crowd, after all.

Conclusion

Getting through and impressing the big leagues requires an even bigger amount of preparation.

Fortunately, sticking close to your message, relying on hard data, and dedicated practice prove vital in getting the best out of your pitch. Keep these tips in mind for when that big break comes.

For these opportunities, you need to be at your best. Get a corporate pitch deck to match the occasion with pitchdeck.com. Contact us for a free quote.

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References

Rampton, John. “How Outsourcing Can Save You Money.” John Chow Dot Com. Accessed June 26, 2015.

What Your Product Demo Actually Needs

During a product demo, the priority is to turn the spotlight on the many advantages of the product you’re pitching. We talk about all the ins and outs of the product, focusing on what makes it the best compared to what’s currently available on the market.

This was the approach that Robert Falcone of brand personalization specializer, Monetate, has tried, tested, and proven ineffective. In an interview with First Round Review, Falcone shared his experience delivering hundreds of product demos with very little success. Finally, after research and practice, he found that knowing a product doesn’t make a demo successful.

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What a product demo actually needs is a change in the usual perspective. Instead of focusing on features and advantages, Falcone learned that he needed to cater his demos for the audience.

Now, one of the easiest and biggest mistakes he sees is that companies don’t effectively craft their demo to fit their specific audience—i.e. they don’t distill their dozens of features and selling points into the few that will really resonate with this particular investor, prospect, or even prospective employee.

To do this, here are the strategies that he found to be effective:

The 5-minute “discovery session”

We often discuss the importance of learning as much as you can about the audience beforehand. Part of your preparation should always include doing some legwork and research to learn basic information about the people you’re about to face. Falcone takes this advice one step further with what he calls the 5-minute discovery session. Before you start your pitch deck, take a few minutes to ask the audience what they want.

The best strategy for this: “Be upfront with the people you’re talking to. Say outright, ‘I’m going to start off today’s conversation by taking just five minutes to ask you a few questions so that I can understand which features will be most important for you.’ That way, you’re all on the same page. You’ve framed things in a strong, clear, logical way, and you already have them participating in a dialogue.”

If this sounds a bit odd, you should look at it this way: your product demo is an opportunity to start a conversation with your prospects. To learn the best way you can be of service to them, you need to engage with them.

The usual product demo isn’t dynamic at all. The presenter just delivers his pitch and gets politely thanked at the end. If you really want to gain an opportunity to actually communicate the benefits you can provide, you shouldn’t be afraid to open the door.

Start with the outcome

As Falcone said, customers aren’t compelled to try a product because it’s the best in the market. They consider a product because it promises to give them something they want or need. In other words, they’re looking at the outcome. They want to know how your product will affect their life or solve their problems.

You want your audience to envision, and if possible, experience what life with your service or product will be like. Then, once they have that in mind, you can back up and show them why things will be so much better. It’s part of anticipating that ‘after’ state you want to ask about during discovery, and addressing it right away.

Before detailing all the features and selling points, start your product demo by outlining the outcome. Tell your prospects what they should expect out of your product and how it will help answer the problems they shared with you during the discovery session.

Move from macro to micro 

When you’re finally ready to discuss product details, make sure you structure the demo in a way that’s easy to follow. Start by providing the audience with a macro view of your product before going into a micro view. This way you can present a general premise before moving on to more nuanced and detailed discussion.

You have to remember that most people you demo to will probably know nothing about what you’re about to present or how it works. If you get into the weeds too fast because you’re worried about dumbing things down or not being subtle enough, you’ll lose.

The objective of a demo isn’t just to introduce a new product. You want to make sure your prospects understand everything about the product you’re offering. How can they decide to make a sale if they leave your pitch confused?

Silence can push the dialogue further

A lot of presenters are scared of silence, but Falcone asserts that it can be an important part of a product demo. Instead of trying to cover up awkward silences with long explanations, let it play out and use it to your advantage.

[Falcone] found that this keeps him from going off topic just to fill the void, and if he waits for a bit before answering a question, he has more time to be thoughtful about his response. Best of all, someone else in the room may jump in to supply more context about what they want or need.

Instead of grasping for something to say, allow silences to play out organically. Use the time to think about what you’ll say next, or wait for the audience to bring up their own points and perspectives. Whatever happens, you’ll find that it can actually help add a dynamic quality to a product demo.

Keep the floor open for questions and answers

Lastly, your product demo will also benefit from taking and answering questions early on. Doing so will definitely contribute to creating an open dialogue feel to your pitch deck. It also encourages your audience to take an active part in the discussion, allowing them to see that this pitch is all about their needs.

Aside from that, you should also address questions to the audience. As Falcone pointed out, this is your opportunity to “keep people engaged and facilitate learning on both sides“. In particular, there are three types of questions you can ask.

You can ask an open-ended question, which starts the conversation. Then there’s the “point question”. It’s completely rhetorical and serves to emphasize the point you’re trying to make. Finally, you can also ask a “response question”. This is something you pull out when an audience asks you something that’s a bit tricky to answer.

A product demo is an opportunity to reach out to potential customers and clients. At this point, you want to make sure that you present an outcome that is beneficial to them. Make sure you listen to their needs by following these strategies. You can also improve your chances through powerful visuals.

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References:

Falcone, Robert. “Your Product Demo Sucks Because It’s Focused on Your Product.” First Round Review. Accessed January 8, 2015.

Featured Image: ImagineCup via Flickr