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3 Ways USP’s Make for Successful Business Pitches

Big ideas are important in business-to-business pitches. The stakes are higher, with both capital and profits on the line. Also called major selling ideas, they act as your pitch’s cornerstone, condensing your offer’s features, advantages, and benefits into an easily understandable and repeatable concept.

A Unique Selling Proposition (or USP) is a marketing concept that allows advertisers to demonstrate a product’s key effectiveness and guides their advertising campaigns’ tone, message, and overall execution. It’s the core that makes any big idea successful. Before stepping into the spotlight, take a step back and analyze if your product is memorable and unique enough to present itself. They may even guide you into becoming a better public speaker.

Here are three ways to use USP’s to improve your business pitching technique.

1. It Demonstrates Appreciable Value

People tend to invest in or buy something that either has proven value or improves their daily lives. Examine your potential customers and, if possible, find out their priorities and motivations. Use this information to determine how to best package what you’re selling.

Similarly, focus on figuring out the ideal way of convincing them to buy in or invest. Knowing how your product improves lives is an important part of fine-tuning your message. During your pitch, assert how your product can make your customers’ lives better to grab their attention.

2. It Reveals an Inimitable Quality

Your audience has probably listened to countless unmemorable pitches. If you don’t play your cards right, you could be one of the many failed proposals, especially if you’re presenting to an established business. Pitch yourself as someone who can offer something that no one else can.

Advertisers research on possible competitors to determine their USP’s validity and sustainability. Similarly, check out your rivals and figure out how you can get a leg up on them through pitch deck design. Having a unique and professional-looking deck is a surefire way to impress and engage.

3. It Displays a Strong Hook to Reel Them In

As we’ve discussed before, having the facts is only one part of getting your pitch done. It’s the same with your USP. Flex your creative muscles to craft what you bring to the table into a communicable, understandable, and sellable business proposal.

Package what you must share with your potential investors into a novel idea, and you’ll have the main ingredients to success.

Conclusion

Before you start selling your product, make sure that your product can sell itself.

Pinpointing your USP and fleshing it out requires some intensive research and inspiring creativity. Fortunately, it makes an untold amount of difference in making a simple collection of facts and sentences into an effective marketing strategy.

First, find out how your offer improves your target market’s lives. Second, show them what only you can do, which competitors can’t replicate. Lastly, present your product or service in a creative way. Start applying the concept as an approach to business pitches now and reap the rewards.

References

Belch, G., & Belch, M. (2001). Advertising and Promotion: An Integrated Marketing Communications Perspective (5th ed.). Boston, Mass.: Irwin/McGraw-Hill.
Reeves, R. (1961). Reality in advertising. New York: Knopf.
Unique Selling Proposition (USP).Entrepreneur. Accessed August 24, 2015.

Featured Image: “Apples-Stand-Out” by Flazingo Photos on flickr.com

Craft Your Corporate Pitch Decks into a Great Story

“People have forgotten how to tell a story. Stories don’t have a middle or end anymore. They usually have a beginning that never stops beginning.” – Steven Spielberg

Since stories and narratives make up most of our daily interactions, why not treat your pitch as a story?

For communication coach Nick Morgan, there are several ways to structure your presentation, but if you’ve got a story tell, it’s best to go with the Classic Story structure.

Craft your speech with story patterns that your audience recognizes from novels, books, and movies: with a beginning, middle, and an end.

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Begin with a Hook

Main characters are commonly introduced in the beginning, giving the reader an idea of the world they’re living in and the possible conflict that moves the story forward. This establishes a connection between people and ideas, making a tangible impact on the story’s flow.

“The beginning is the most important part of the work,” Plato said.

It’s impossible to capture your audience’s attention without a strong introduction. Crafting an effective and compelling beginning can hook them to your pitch. Establish a good start that communicates your ideas to leave a dramatic effect on your audience.

Develop the Middle

Screenwriters are great at bringing suspenseful conflicts in stories. Emotions run high in this segment. The midpoint depicts progression from the rising action, causing problems for the main character, leading to either their demise or fall.

In pitches, the middle builds your audience’s interest, strengthening your brand image and highlighting your main idea. State the problem as if introducing a villain, then provide a solution by revealing yourself as the conquering hero.

End with a Call-to-Action

Versatile writers provide varying conclusions: happy, tragic, or unresolved. No matter how the story ends, readers always take away something from it.

Your pitch deck’s ending must be as alluring as the beginning. Attract your audience, then turn them into possible clients. The best way to end a discussion is by providing a call-to-action. Clearly state what you can offer while assuring that you can meet their needs.

Conclusion

A pitch deck based on a story structure gives your message a natural kick.

Incorporate the three elements of this story pattern to influence your audience the way writers influence their readers.

If you need presentation ideas with screenwriter twists, then book a meeting with our pitch deck experts now!

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References

Morgan, Nick. “5 Quick Ways To Structure A Presentation.” Forbes. February 2, 2011. Accessed May 15, 2015.

Hook, Line, and Sinker: What Makes a Great Pitch Deck Story

What makes a great pitch deck? Before anything else, your pitch deck needs a story at its very center. This is a point we’ve talked a lot about in the past, but it’s always worth repeating.

Outstanding design and effective delivery will help your pitch deck stand out, but it’s the story that helps keep everything grounded. In other words, a pitch deck should be more than a recitation of facts and data. It needs to connect with the audience. If you spin the information  into a story, you can easily capture people’s imagination. You’re creating a connection that taps into their emotions.

For some, this might sound like a bad thing. Why should emotions play any role in the boardroom? Eliciting an emotional response doesn’t mean that you have to move the audience to tears. As we detailed in our previous discussion on  the science of storytelling, great stories can evoke the audience’s empathy. With that, they’ll find it easier to relate with what you’re sharing and to consider ideas through your perspective.

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Having emphasized the importance of a great story, it’s time to take on another question. What makes a great pitch deck story? How do you create a pitch deck story that captures the audience hook, line, and sinker? As with any endeavor, you’ll need to start with the basics.

Here are the three things that your pitch deck story needs:

A structure that pulls you in 

Whether it’s an epic like The Lord of the Rings or a Sherlock Holmes mystery, all stories are told through a basic structure. It might go back and forth with flashbacks here and there, but it always has a beginning, middle, and end.

The same should be true for your pitch deck story. As Aaron Ordendorff of Fast Company writes, too many presenters start their story right at the middle. Instead of providing some much needed context, we start at full speed and hope that the audience can catch up and run along. To avoid losing their attention or interest, the audience needs a structure they can easily follow and understand.

Dr. Paul Zak of the Center of Neuroeconmic Studies found that Gustav Freytag’s dramatic structure is the most effective for presentations. This structure involves having an exposition, rising action, climax, falling action, and conclusion. You can spin your pitch deck story to follow this pattern by figuring out some essential details about what you want to say.

  • Beginning: What context is your pitch deck coming from? Start your pitch deck story by introducing how the concept you’re presenting came about. If it’s a business pitch, talk about the problem you want to solve.
  • Middle:  With the context a lot clearer, you can start to go into detail about the purpose of your pitch deck. How do you plan to solve the problem you introduced? What is the main point you’re trying to impart?
  • End: After the main discussion, circle back to the initial problem and provide a resolution. This is where you reinforce your core message one last time.

A character that’s relatable 

Your pitch deck will also need a central character. This will give the concepts you present a relatable face. If this sounds a bit confusing, review some of your favorite TED Talks.

Most TED speakers introduce a larger theme by centering their story in a particular character. That character is often someone in their family, someone they work with, or even a younger version of themselves. You’ll need to come up with something similar, even if your pitch deck comes from a slightly different context.

So how do you identify the character of your pitch deck story? Reflect on your core message and think of how you might make it more relatable. If you’re trying to win over clients, you might want to center the story around them. You can also set up a hypothetical situation involving a person that represents your target market. Your pitch deck story can also be about you, especially if you want to talk about an experience that’s connected with your core message.

A message that’s significant 

Stories of all kinds are told to reveal broader themes and truths about life. Take the famous Harry Potter series, for example. Aside from being a story about magic and wizard, author J.K. Rowling also talks about other things like the meaning of friendship and family. While you don’t have to address abstract themes in your pitch deck, your story should be able to share a significant message. In other words, the story you tell should encapsulate the message that is at the core of your pitch deck.

The more you can fine-tune and understand your core message, the better you can deliver a pitch deck story with a clear purpose. To come to that concluding statement, here are 3 key questions you need to ask yourself:

  • What is the purpose of your pitch deck?
  • What’s the one thing you want the audience to remember?
  • What is the best way to elevate that message?

A pitch deck can’t succeed if it doesn’t connect with its audience. To create a more relatable experience, you need to spend some time crafting a strong pitch deck story. Follow these pointers to come up with something that others can easily understand and engage with.

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READ MORE: Bring Your Presentations to Life with these 5 Storytelling Components – Fast Company

Featured image from picjumbo.com by Viktor Hanacek