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Your Power as a Presenter

Are you conducting a sales pitch any time soon?

Apart from having a custom pitch deck to serve as a visual aid, you need to be in control of the discussion as the speaker/facilitator.

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If you’re nervous, that’s okay because experiencing bouts of anxiety is normal when it comes to public speaking.

Everybody’s been through it at least once, but think of it this way: with pitches, you have the opportunity to talk about something relevant.

Introverts vs. Extroverts

People stereotype introverts as those who isolate themselves from crowds, minimizing their contact with other people. While they tend to be preoccupied with their own thoughts and feelings, they make great public speakers.

Introverts have an attention for detail that is very empowering, especially when it comes to preparing pitches.

Extroverts, though they are more comfortable in the presence of others, can be just as nervous as other people before a pitch. They do, however, bring vision, assertiveness, energy, and the network needed to give them direction.

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Whether you’re an introvert doubting your abilities in presenting or an extrovert fearing to go overboard, your credibility lies in your authenticity and eagerness to get your message out there.

Wielding the Power of the Presenter

If you want to be an effective speaker, you must fulfill the following:

Don’t rush—begin with an abstract.

Cluttered content will get you nowhere. Remember, a seamless narrative flow is the best thing that a presenter can provide its audience.

So, before you divide your pitch deck into subheadings, focus on the primary theme and come up with an abstract. This will help you stay on topic for the entirety of the discussion.

Internalize before delivering your message.

How you deliver your pitch depends on your mastery of the topic. While a well-made pitch deck can certainly help you stay on track, you still need to know your topic by heart.

The best way to do this is to practice and internalize the flow of your sales pitch. While memorizing may seem like a good idea, internalizing your pitch will allow you to compare and contrast ideas in your own words instead of reading from your slides or notes. This shows your expertise on the topic.

Stick to your outline.

Starting your sales pitch strong will get the ball rolling. If your discussion is following the outline you made, then you can be sure that your conclusion can be easily tied with your starting remark. When you are able to connect your conclusion to your beginning, it shows mastery of the subject. Plus, this is how your audience can gauge your experience as a speaker.

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Your purpose as a speaker is to inform people. It’s about helping your audience acquire and understand new information that they can apply in their daily lives or may need when making an important decision.

In essence, to hold power as a presenter, you need to have a complete understanding of your topic, commitment to your beliefs, and willingness to take the conversation further. These skills are applicable to all types of speakers, regardless of whether you’re an introvert or extrovert. As long you’re firm and confident, not only will your sales pitch be effective, but you earn more credibility as a speaker.

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References:

Attilio, Kate. “The Power of a Good Presenter.” Communiqueso. June 13, 2016. communiqueso.com/2016/06/13/the-power-of-a-good-presenter/

Danova, Ilinka. “Extroverts and Introverts in Public Speaking.” LinkedIn. May 13, 2017. www.linkedin.com/pulse/extroverts-introverts-public-speaking-ilinka-danova

Feloni, Richard. “A World Champion Public Speaker Says Introverts Often Make Better Speakers than Extroverts.” Business Insider. May 21, 2016. www.businessinsider.com/champion-public-speaker-says-introverts-can-make-better-speakers-2016-5

Gino, Francesca. “Introverts, Extroverts, and the Complexities of Team Dynamics.” Harvard Business Review. March 16, 2015. hbr.org/2015/03/introverts-extroverts-and-the-complexities-of-team-dynamics

Presenting Your Business Pitch with Confidence

Not everyone has what it takes to be an entrepreneur. There’s a wide set of skills and traits you have to possess in order to become an effective business leader. Among those traits is self-confidence, a natural magnet that can draw people to you and make them want to listen to what you have to say. As such, it’s an invaluable skill during a business pitch.

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To entice potential investors, you need to appear and sound confident while pitching your idea. Investors are naturally drawn to leaders with high self-esteem because it signifies strength of character, another trait necessary to lead a business venture forward. As Larina Kase, a psychologist and author, said, “True confidence is not thinking that you’ll get a great result. It’s knowing that you can handle any result.” When the path towards success is dark and murky, confidence can carry a strong business leader through.

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How to Boost Your Confidence for a Business Pitch

There are things you can do to pump up your spirits before facing investors and presenting them your business model. Here are seven of them:

1. Look and sound the part

The thing about confidence is that you don’t need to have it to look the part. You can carry yourself with poise even if you’re feeling intimidated or scared inside. There are a few things you can do to package yourself for success: dressing well, correcting your posture, minding the pacing of your speech, using precise language, and smiling. In other words, by making a conscious effort to look confident, you can make a good impression.

2. Exude conviction from every pore

To sell a business idea, you should be able to show investors how passionate and committed you are. They’ll try to gauge whether you really know what you’re doing, so make sure that you remain composed but enthusiastic throughout your business pitch. Make the investors believe in your potential to succeed. To achieve this effect, you have to communicate a certain aura that tells investors how confident you are about your product. This means avoiding uptalk and articulating a statement with a declarative—not an inquisitive—tone.

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3. Know your key differentiator

To identify your business’s primary selling point, ask yourself what your edge is as opposed to competitors. Why should investors choose you over businesses similar to yours? You must have something unique to offer to make your business pitch stand out. Apart from this, you should also be able to explain what your worth is to investors. How can they benefit from your business? What gains can they expect, and when?

4. Find an external manifestation of success

Perhaps the best way to gain self-confidence is to find an external manifestation of your business’s capability to survive and succeed. It’s easier to sell a business idea if you have something tangible to back it up. An example of an external validation of success is a solid customer base that raves about your product. A sizable social media following that has positive things to say about your company is also a good proof that you’re breaking ground. Determining your niche is crucial during the first stages of business development because if you sell to the wrong customers, your business is bound to flop. On the other hand, with the right audience, you can improve your revenue and boost your credibility, which will ultimately attract investors towards your business.

5. Solve problems before they appear

Amateur entrepreneurs who only want to impress investors often make the mistake of acting like they’re immune to disasters. They’re hiding behind the assumption that their business model is so perfect, it can’t possibly be taken down by any future problem. As a general rule, before you present your business pitch to an investor, you should think through the possible challenges that you may encounter along the way. If possible, look for various solutions for each issue so that if one fails, you’ll have a backup to fall on. Set up contingency plans for when things don’t go as planned. By making sure that you’re prepared for the ugly as well as the good, you’ll be able to present yourself as a competent leader who can weather the storm when the worse comes to the worst.

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6. Rehearse and refine your business pitch

Preparation is key to any speech. As with any other field, achieving a certain level of self-confidence takes time and an immense amount of effort. Research also plays a major role on how competent and confident you will appear in front of a panel. Make sure that your presentation has no loopholes and that everything goes as planned.

7. Worry less and just do your part

Fussing over the aspects of your business pitch that you can’t control will only stress you out. Instead of worrying over the negative aspects of your situation, just focus on the positive. Don’t zero in on your weaknesses as that will only distract and discourage you. Instead, strive to turn your weak spots around and let go of the things you can’t change. Optimism can go a long way in boosting your self-confidence, so try to appreciate the good parts as much as you can.

Above all else, smile even if you don’t feel like it. As Christine Clapp, a public speaking expert at George Washington University, said, “Smiling not only makes your voice more pleasant to listen to; it also conveys confidence…. You will appear friendly, approachable, and composed.” That reason alone should be enough for you to flash a smile during a business pitch.

If you follow the aforementioned tips, you’ll be closer to improving your self-esteem. Just be patient and remember that confidence is built over time. With determination, you can stand in front of a panel of investors and present your business in the best light possible.

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Resources:

Connick, Wendy. “How to Find Your Unique Selling Proposition (USP).” The Balance. June 19, 2017. www.thebalance.com/how-to-find-your-unique-selling-proposition-usp-2917402

Landrum, Sarah. “10 Secrets to Sounding Confident.” Fast Company. July 20, 2015. www.fastcompany.com/3048748/10-secrets-to-sounding-confident

Lobb, Jennifer. “How to Pitch Your Business Like the Pros on Shark Tank.” Nav. December 28, 2016. www.nav.com/blog/how-to-pitch-your-business-like-the-shark-tank-pros-15102

Whitmore, Jacqueline. “9 Ways to Show More Confidence in Business.” Entrepreneur. September 30, 2014. www.entrepreneur.com/article/237634

“How to Give Investors Confidence in Your Business Idea.” Virgin Startup. n.d. www.virginstartup.org/how-to/how-give-investors-confidence-your-business-idea

Looking for creative presentations that can leverage your business? Enjoy free pitch deck templates from SlideStore! Sign up today.

Creating an Effective Financial Presentation

At some point in your career, you’ll have to give at least one complex and data-heavy presentation. It’s inevitable for entrepreneurs to venture into the financial side of business and deliver fiscal reports such as those involving business charts that reflect the company’s performance against goals and financial analyses.

But the thing is, financial data can be boring. They may appeal to analytical brains, but what about the rest? In order to hold your audience’s attention, you need to make your financial presentation interesting. Don’t just conduct a data dump. Explain where the figures come from and how they affect your audience. Provide examples as to how those numbers can be relevant in their lives.
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In other words, harness the power of financial storytelling. Present a narrative-driven angle that will give your presentation a new light. Show the numbers but let the story behind them shine through.

Mastering the Art of Financial Storytelling

Financial presentations don’t have to be dull. Here are some tips to successfully deliver an intellectually-stimulating yet engaging presentation.

1. Pattern your presentation after the GPS approach

Organize your facts and figures by planning your presentation. Create a structure so your message will be clear from start to finish. One method you can apply to achieve this is the GPS approach.

First of all, identify who your audience is. What’s the extent of their knowledge and the level of their expertise? Once you know this, you have the starting point. You can then proceed to identifying the goal of the presentation. What would you want the audience to think, feel, understand, or do when you step out of the limelight? What end point are you trying to achieve? This is the destination.

From there, it’s just a matter of choosing the best route. How do you go from Point A to Point B? Outline your main idea first, then follow it up with the supporting ideas. You can create a script to help you with internalizing the flow of the presentation.

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2. Establish credibility from the outset

Since you’ll be presenting critical figures, it’s important to appear trustworthy. Cultivating credibility and cementing a good reputation will make it more likely for your audience to believe in what you’ll say. If necessary, use supporting materials to validate your claims.

3. Outline your goals to build anticipation

If you inform your audience about the goals of your presentation, they’ll be more prepared to process any chunk of data you give them. It helps them to follow along since they already know what to expect and what material you’ll cover. It allows them to focus on the goal and take part in your presentation. 

4. Follow the three-part story structure

When communicating the story behind your data, it’s good to divide your narrative into three parts: the beginning, the middle, and the ending.

Start your presentation by describing things as they are. This is key to creating a bond with your audience. If you tell them something that they already know or can agree with, you ignite a small fire of recognition in them. Naturally, that will make them more interested in your talk.

After establishing the facts, you can show them how things could change. Establish a gap between what is and what could be. Make sure your claims hook and intrigue them enough.

Finally, when concluding your financial presentation, don’t forget to include a call to action. Introduce what presentation expert Nancy Duarte calls the “new bliss,” a state where your audience’s world can be a lot better if they adopt your ideas and follow your suggestions.

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5. Employ visuals instead of spreadsheets

Don’t limit yourself to Excel. Embrace the perks of technology so you can create a financial presentation that drives home with your audience. Present numbers, graphs, and tables using pitch decks.

However, if you really want to take your presentation to the next level, you can ask a presentation design specialist to do the job for you. Let an expert turn your numeric data into graphics and visual images that are equally credible-looking and interesting. Your audience will be able to better make sense of your presentation this way.

6. Use simple and effective design elements

To make your slides more visually appealing without going over the top, use a sans serif font instead of a fancy one. Also, choose a template that isn’t too loud. Observe a good balance of colors to avoid design clutter. If you can, use a color contrast calculator to make sure that the colors in your presentation match. 

7. Reiterate your claims repeatedly

According to the Edelman Trust Barometer, you need to be exposed to a piece of information three to five times for you to absorb it and act on it. Also, you need to hear it from different sources for your brain to validate the information. Repeat your message throughout the presentation, but say it in different ways.

Keep Calm and Speak Like a Pro

With the proper tools and the right techniques, you can be more confident in delivering a good financial presentation. All you need is some storytelling and a few basic design skills. If you prepare well, you can get your message across without losing your audience in the process.

Resources:

Duarte, Nancy. “Structure Your Presentation Like a Story.” Harvard Business Review. October 31, 2012. hbr.org/2012/10/structure-your-presentation-li

Jeavons, Sheri. “Financial Presentations That Won’t Put Your Audience to Sleep.” Sales Gravy. n.d. www.salesgravy.com/sales-articles/presentation-skills/financial-presentations-that-wont-put-your-audience-to-sleep.html

Mogilner, Geoffrey. “Perfecting the Art of Financial Storytelling.” Edelman. February 2, 2015. www.edelman.com/post/perfecting-art-financial-storytelling

Piontek, Katelyn. “7 Ways to Make a Financial Presentation Interesting.” Turbine HQ. September 9, 2014. turbinehq.com/2014/make-a-financial-presentation-interesting

Riggins, Nash. “15 Ways to Create Effective PowerPoint Presentations.” Small Business Trends. July 5, 2016. smallbiztrends.com/2016/07/effective-powerpoint-presentations.html

Sullivan, Sarah. “Financial Presentations That Really Stand Out.” Talisman. October 10, 2016. www.talismansolutions.co.uk/blog/stand-out-financial-presentations

Theriault, Michel. “9 Tips for More Powerful Business Presentations.” Forbes. November 4, 2013. www.forbes.com/sites/allbusiness/2013/11/04/9-tips-for-more-powerful-business-presentations/#55621b7043a0

“Creating Effective Financial PowerPoint Presentations.” 24Point0. January 16, 2014. www.24point0.com/financial-statement-presentation

“Don’t Start by Copying Previous Slides.” Think Outside the Slide. June 24, 2014. www.thinkoutsidetheslide.com/issue-314-june-24-2014

“Edelman Trust Barometer.” Edelman. 2009. www.edelman.com/assets/uploads/2014/01/2009-Trust-Barometer-Executive-Summary.pdf

“Five Tips to Make PowerPoint Business Presentations More Effective.” Think Outside the Slide. n.d. www.thinkoutsidetheslide.com/five-tips-to-make-powerpoint-business-presentations-more-effective

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Increase Your Chances of Making Sales in 5 Easy Steps

Motivating your prospects isn’t enough to convince them to make purchase decisions. It would be difficult to motivate people without knowing their preferences. Learning what motivates them in buying a product or availing a service should be your main priority. This is to give you higher chances of influencing them to take action.

Convincing them to purchase your product allows you to highlight the benefits of what you’re offering. Knowing their needs, on the other hand, gives you an idea on what kind of things they’re interested in and how to satisfy them.

Before you even get to know your prospects, they already have their own set of preferences and expectations that drive them to act. Be careful not to sound too aggressive or desperate in presenting your offerings without first knowing what affects their decisions. This is where asking questions takes place.

Give your prospects enough time to share important things about themselves. This will help you discover something valuable that you can use in addressing their concerns. Otherwise, you’ll unintentionally lose their attention and interest.

In his book, The Secret of Selling Anything, author and speaker Harry Browne tackles how selling is easy. He mentions that the secret to salesmanship revolves around this guideline: Find this prospect’s motivation and appeal to it.

Browne emphasizes the importance of recognizing each prospect’s motivation to increase your chances of making sales. Follow these five easy steps inspired by Browne’s ideas as your guide:

Step 1. Identify their motivation.

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According to Browne, asking questions that stimulate your prospect’s interest are effective in convincing them to open up and disclose whatever it is that matters to them a lot. Though selling is your main goal, understand that you need to prioritize client concerns and distinguish their inner motives before your own satisfaction. This is where you ensure that the prospect you are talking to is qualified for your offer.

Knowing their motivations also allows you to recognize their present needs. Harold Maslow’s motivational theory explains how each stage of human need (physiological, safety, love and belonging, esteem, and self-actualization) helps presenters determine their existing concerns before selling. This is why asking them persuasive questions prompts them to talk about their personal experiences. This, in turn, gives you an idea on how to relate those motivations to your presentation.

This also involves identifying possible factors that influence their buying decisions. How you appear credible, beneficial, and unique plays an important role in your business success. Once they find you trustworthy, they’ll warm up to you and express their interest in your offer.

Don’t pursue your personal agenda without letting them do the talking first. Take time to listen to prospects so you can easily craft questions that offer solutions to their problems.

Step 2. Reiterate the main points.

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Once you’re done discovering what triggers their motivations, gather the information and organize them accordingly. Whether you’re conversing with a prospect who unexpectedly asks for your advice, or you’re pitching to a business person, condensing their thoughts in one sentence or two will help you determine their main interest.

In this phase, Browne has mentioned the importance of deeply understanding what your prospects are up to. Reiterating their ideas lets you see if they’ll agree or not. This also lets them know you were listening while they were talking. If you notice some disagreement on their end, clarify things by going back to step one – identify what motivations through substantive questions.

This will serve as your guide in meeting their expectations for a particular product or service. Don’t hesitate to provide follow-up questions that will enable you to comprehend the intended message. It would be better to complete the first two steps before going over the third one.

Step 3. Introduce your offer.

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Before you even start communicating with your prospects, they already have a question in mind: “What’s in it for me?” Addressing this will make your pitch more appealing and give you their undivided attention. More importantly, you’ll be able to successfully answer this question once you identify what their current needs are and understand their problems.

At this point in time, you’re ready to discuss what you want to sell to the customer. Do this by explaining your brand’s features and benefits in a way that appeals to their present motives. In this way, you can filter your points into something that’s beneficial to your prospects, satisfying their needs.

Since maintaining audience attention is one of your goals, include only what’s relevant to your listeners. Imagine pitching to your prospects without being aware of what they’re currently looking for. You’ll end up wasting both your time and energy, even losing people’s interest. This is why it’s vital that you know their exact expectations to effectively get your message across.

Step 4. Answer their questions.

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After you’re done explaining how your brand will benefit the prospects, anticipate responses on their part. Although some presenters look at inquiries negatively, they can become your ladder to success. Think about it: if they’re not interested or they don’t care about your offer, your audience can just easily ignore your pitch in the first place.

Objections are different from rejections. The former is common in any transaction between a prospect and a sales professional. This is where the probing strategy is most effective. When they raise a question or an objection, it could be because they didn’t fully understand your point. In this case, consider explaining your ideas in detail and focus on your main points. Doing so enables you to reiterate your message and clarify each point being discussed.

Browne states that using the listen-agree-suggest method can help you turn these objections into a “yes”. By lending your ears and listening to what they have to say, it’ll appear that you value and respect their sentiments. After hearing their side, provide your agreement and propose a better recommendation that will help them obtain what they want.

Step 5. Seal the deal.

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The fifth and final step of the selling process is closing the deal. Once you discover their motivation, clarify each idea, present your offerings, and respond to their concerns, you can proceed to a more persuasive approach in the sales process. For some, this might be one of the most difficult parts, but it can be also the most exciting. This is where you’ll summarize the entire conversation and convince the prospects to make purchasing decisions.

Aside from ending your pitch with a well-designed presentation deck and a powerful call-to-action, you can create a sense of urgency that’ll entice them to take immediate action. Discounts or promos may help in persuading people.

As much as possible, convince them to decide now rather than tomorrow. Activate their impulse factors and keep the momentum. Make the most out of your time and see how it’ll all be worth it.

One Step at a Time

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It’s no secret that not everyone will be pleased with your offerings. However, it shouldn’t be an excuse to quit trying.

Before making a sale, identify your prospect’s needs to avoid wasting both your time and effort. Remember, your job is to help your prospect meet their objectives and reach their goals through your offer.

Although sales focuses on getting higher numbers, rushing won’t help. You need to follow each step carefully to attain your goal. Try this technique and see how it can improve your pitch from this day onwards.

To craft a more direct presentation, contact our team of professional designers today and ask for a free quote!

Reference

Browne, Harry. The Secret of Selling Anything. 2008. Accessed June 21, 2016.

Improve Your Presentation with Dan Pink’s Types of Pitches (Part 1)

Pitching isn’t just about selling – at least not directly. Our daily conversations during work, and personal matters all involve communicating. We try to influence others with our opinions, sentiments, and preferences everyday.

This means that delivering a pitch involves getting your message across to your listeners.

In his book, To Sell Is Human: The Surprising Truth About Moving Others, author and speaker Daniel Pink introduced the six successors to the elevator pitch: the one-word pitch, the question pitch, the rhyming pitch, the subject line pitch, the twitter pitch, and the Pixar pitch.

These modernized types of pitches can be used by sales professionals to communicate with the audience better. This achieves a clearer, more convincing sales presentation.

In this post, we’ll cover the first three types of pitches that you can use to enhance your content.

1. The One-word Pitch

The idea of one-word pitch or “one-word equity” was conceptualized by Maurice and Charles Saatchi, founders of Saatchi & Saatchi, one of the world’s top advertising agencies. By condensing your brand in one word, it can help your audience remember what you’re planning to convey.

Nowadays, people have limited attention spans. Microsoft‘s study explains that the human attention span has declined from eight seconds to twelve in 2013. Given this limited timespan, presentations become more effective when they’re shorter.

This means every presenter’s message needs to be clear and more direct, if only because clients will have an easier time remembering your main points.

Some large firms incorporate this to their slogans to promote a more comprehensive way of presenting their brands to customers. For example, the word “search” is often associated with Google.

How to Get Started:

Pink advises presenters: “Write a 50-word pitch. Reduce it to 25 words. Then to six words. One of those remaining half-dozen is almost certainly your one-word pitch.”

Ask yourself: If there’s one word you can use to describe your brand, what is it? Identify your objectives to guide you in crafting a more focused pitch. Decide what you want your audience to remember after hearing your brand name, or after letting them visualize your marketing campaign.

This will help you come up with a powerful word that fits your desired plan. It can also instill a catchier, more memorable name you can associate with your business or brand.

2. The Question Pitch

There’s nothing more effective than questions that’ll motivate audiences to take action. Though you shouldn’t rely on this all the time, Pink’s research suggests certain questions become more persuasive when they possess a strong argument.

For example, when Ronald Reagan was running for president in 1980, he chose to ask: “Are you better off now than you were four years ago?”, instead of mentioning America’s then-current economic recession and proving his point with numbers.

Rhetorical questions like these are used to compelling the audience to resolve the point being discussed, while letting them absorb the message you want to deliver.

Probing questions are also effective when convincing your listeners to share their stories and experiences, while voicing their concerns. Asking “Does this product interest you?” is way too open-ended from “Will this product provide convenience and solution to your concern?” The latter emphasizes the benefit and convinces your prospect to consider the offer.

How to Get Started:

Pink suggests: Use this if your arguments are strong. If they’re weak, make a statement. Or better yet, find some new arguments.”

If a statement won’t work, add a question to your pitch. This will prompt your listeners to answer it silently in their minds.

When crafting your pitch, gather all the facts and resources needed, and organize relatable details or information to prioritize them. This lets you pinpoint what particular argument is more effective in a question form. It also ensures your listeners or prospects will understand the entire topic to make it more convincing.

3. The Rhyming Pitch

Pink states that “pitches that rhyme increase processing fluency.” This makes the message easier to digest and internalize.

The following example shows how rhyming and non-rhyming words differ:

  • Woes unite foes. (original rhyming version)

  • Woes unite enemies. (modified non-rhyming version)

You’ll notice that the first sentence is much more interesting to hear than the second one. Incorporating rhyming words in your speech also improves audience recall as it produces a pleasant sound when they’re pronounced.

Another example would be: “Videos can sustain what text can’t explain” has more impact than plainly saying it as “Videos can sustain text that lacks explanation.”

How to Get Started:

Pink states: Don’t rack your brain for rhymes. Go online and find a rhyming dictionary.” Use the Internet to look for a rhyming dictionary. This will help you restructure plain and simple statements into rhyming sentences.

Before applying it to your presentation, start by identifying your main points. Try out rhyming words to see if they’d work well together in one statement. You can also ask one of your colleagues for his opinion towards your pitch and give you his feedback.

Be careful not to overdo it. Choose among and focus only on the ideas relevant to your subject for greater emphasis and easier retention. This will generate more interest among your listeners and draw attention to your performance.

Conclusion

Pink’s first three techniques not only offer a new approach in making your pitch more powerful and memorable. Applying these types can guide you in presenting your ideas creatively.

Think of a word that’ll give your brand or business much exposure, and make it catchier enough to increase audience recall.

For greater impact, make sure to deliver a strong argument. Ask questions that convince them to take action. Turn simple sentences into rhyming statements to let your listeners be more attentive to what you’re conveying.

Try it yourself and you’ll be amazed by how it positively affects the way people better understand your message. Master these three approaches to allow for a better and more focused presentation that your audience will remember.

To craft a more direct presentation, contact our team of professional designers today and ask for a free quote!

References

“3 Ways to Pitch Your Idea.” Inc.com. April 11, 2013. Accessed January 19, 2016. www.inc.com/thebuildnetwork/3-ways-to-pitch-your-idea.html
Gabrielsen, Jonas, and Tanja Juul Christiansen. The Power of Speech. Copenhagen: Hans Reitzel, 2010.
“How does digital affect Canadian attention spans?” Microsoft. n.d. Accessed February 1, 2016. http://advertising.microsoft.com/en/cl/31966/how-does-digital-affect-canadian-attention-spans
Pink, Daniel H. To Sell Is Human: The Surprising Truth about Moving Others. New York: Riverhead Books, 2012.
“Practice Your 6 Pitches.” To Sell Is Human: The Surprising Truth about Moving Others, 2012. Accessed January 19, 2016. www.danpink.com/wp-content/uploads/2013/01/sixpitches.pdf
Snider, Emma. “6 Types of Sales Pitches Every Seller Should Know.” HubSpot. January 6, 2015. Accessed January 19, 2016. http://blog.hubspot.com/sales/sales-pitches-every-seller-should-know

Featured Image: “Dan Pink 1” by Ethan Beute on flickr.com

High Cost: Avoiding the Price of an Ineffective Pitch Deck

One pitch deck presentation gone bad can cost more than you think, according to this Think Outside The Slide article: almost as much as $250 million because of wasted resources and manpower.

Aside from the time invested by the audience, your sales, company decision-making, and even reputation are affected by your pitch’s impact.

Create a deck that will maximize your time and save you the effort and money.

Find out how to avoid an ineffective pitch deck with these three tips:

1. Set a Goal

Knowing what you want to achieve is important in planning out how you’re going to get there.

Is it to move the audience to action? Is it to make a sale? Or is it simply to deliver information?

Not having an objective for your pitch can lead to a cluttered slide deck and disorganized speech.

To avoid this, you need to choose from these goals for your pitch.

Once you’re sure of what you want, enumerate the steps to achieving this goal.

Create an outline that lists down your course of action. Will you quote your latest sales figures? Will you highlight your product’s benefits? Doing so can also serve as your guide in creating more palatable content.

Craft a winning deck by determining what type of response you want to elicit from your listeners.

2. Simplify Your Points

Abstract ideas can be difficult to process, especially if they come in bulk.

Information overload, like spreadsheets overflowing with statistical data, can affect how much of your pitch deck the audience will recall once you’re finished.

Remember that your listeners don’t know your pitch as well as you do, so keep things simple.

Break down your ideas into key points so you can focus on discussing as you go along. These can include going straight to how much clients could save or earn if they approve your proposal, or the superior benefits of your product over the competition.

You also need to make sure that this is reflected in your slides to make it clearer and more concise.

Stick to one major topic per slide, but don’t give it to the audience as it is.

Explore a number of ways to creatively present difficult data, or to show your key points as a single text or image per slide for easier retention.

3. Engage the Audience

The downfall of many pitch decks, particularly sales pitches, is lack of audience engagement.

According to a 2015 study by Microsoft Canada, people’s attention spans have dropped to an average of eight seconds, writes Leon Watson of The Telegraph. But presenters seem to forget to consider this.

Either they go beyond their intended time limit, or they saturate their slides with too much information for the audience to handle.

Engage the audience by treating your pitch deck only as a visual aid, rather than a replacement for your actual presence.

Interact with your listeners using expansive hand gestures and maximizing your physical space. Exude confidence and inspire trust in your body language.

Use social psychologist Amy Cuddy’s suggestion about applying a power pose to display self-assurance and certainty in your pitch.

People are more likely to listen to someone who knows what he’s doing, rather than someone who sounds unsure of his topic.

Conclusion

You can save the time, money, and further effort with one perfect pitch, so why not aim for that?

Set a goal for your current pitch, and know what you want to achieve to guide you in reaching it.

Break down complex ideas into easily understandable ones by selecting key points instead of whole paragraphs.

Engage the audience by stepping away from your pitch deck and interacting with them through your body language and your speech.

The price of pitch deck shouldn’t be too high. If you find yourself in need of some expert help, contact our pitchdeck.com professionals today for a free quote!

References

Blodget, Henry. “This Simple ‘Power Pose’ Can Change Your Life And Career.” Business Insider. May 3, 2013. Accessed December 21, 2015. www.businessinsider.com/power-pose-2013-5

Watson, Leon. “Humans Have Shorter Attention Span than Goldfish, Thanks to Smartphones.” The Telegraph. Accessed December 21, 2015. www.telegraph.co.uk/news/science/science-news/11607315/Humans-have-shorter-attention-span-than-goldfish-thanks-to-smartphones.html

“What is the REAL Cost of Poor Presentations?.” Think Outside the Slide. Accessed December 21, 2015. www.thinkoutsidetheslide.com/what-is-the-real-cost-of-poor-presentations

Make The Most of Your Email Pitch

Social media interaction may be the “in” thing these days but email still remains a great way to reach prospective customers. Unfortunately, this isn’t exactly a secret to everyone. So expect tough competition for inbox space whenever you send an email pitch.

To keep your email from landing in the junk folder or being labeled spam, think about giving your email strategy a makeover. You can do this by following these tips:

Create a Good Impression

You can always send hundreds of emails to a prospective client at any given time. It is better, however, to think that you only have one chance to deliver your pitch. This way, you wouldn’t slack off but rather, work hard on making a good first impression on your prospect. Failing to make an impression puts you at risk of losing not only that sale, but also the chance to secure future deals with them.

Engage your prospects better by opening with a question or a scenario and ending with a strong call to action. Whatever it is that you want to say, remember to be clear and persuasive. And as with delivering business pitches in person, the pitch you send over the Web should be short, relevant, and direct to the point.

You may also want to highlight the benefits of using your products or services. Just remember to appeal to the emotion instead of simply spewing facts.

Don’t Pressure Your Audience

Your email pitch doesn’t have to pressure the reader into making a purchase right there and then. Instead, it should draw attention to some important points to promote future conversation. A good pitch compels prospects to say “tell me more,” not forces them to hand over their money.

The purpose of sending an email pitch is to generate some kind of response. So when you write your email, make sure that your goals are clear. Do you want your prospects to fill up a query form? Or you want them to visit your shop?

Regardless of your goals, do not pressure your prospects into buying immediately. Here’s a trick: Whenever a sentence you are writing starts to sound too “sales-like,” consider changing or removing it altogether.

Be Personal but Professional

Sending generic emails is a waste of time. People nowadays don’t take too kindly to receiving correspondences that are straight out of a sales template. Make sure to customize your emails according to a specific prospect. This may take more time but it can certainly help improve your response rate.

Potential clients deserve information that is relevant to them. Success Design‘s Mandy Porta suggests that you do your homework and know what exactly these prospects are looking for. Define your customer base, but also look at your competition.

Don’t rely on canned messages. Make your sales pitch fresh, relevant, and directed to the targeted audience specifically. This means everything – from handouts to copy – should be client specific.

Email is a useful tool for reaching your target audience. As long as you do it right, your email pitch can make a difference in establishing a strong relationship with your customers.

Reference

Porta, Mandy. “How to Define Your Target Market.” Inc.com. June 22, 2010. Accessed May 6, 2014.
Nations, Daniel. “Serious Question: What Exactly Is Social Media?About.com. Accessed May 6, 2014.