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9 Simple Rules for an Effective Sales Pitch

There’s a lot at stake when delivering a sales pitch. After cold calls and endless follow-ups, you now have the opportunity to meet with prospects and have a worthwhile discussion with them. You get to showcase the service or product you’re offering and all the benefits attached to it.

In order to succeed, you can’t just throw a pitch deck together and deliver a haphazard pitch. Instead, you need to be mindful of the correct techniques, making use of your creativity to leave a lasting impression.

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Here are 9 simple rules to make sure your pitch goes according to plan:

1.) Keep it short and simple

It’s easy to lose interest in a pitch that seems to go on forever. Even with an extremely engaging topic, most audiences have a hard time focusing their attention for more than a couple of minutes.

The first step to improving your sales pitch is by cutting down the content. Focus only on the points that are crucial to the message you’re delivering.

2.) Hook the audience with a story

There’s nothing more compelling than a good story. Instead of presenting your pitch in a traditional, matter-of-fact way, you can spin it into a narrative. Following the dramatic arc of ancient Greek plays, or use the AIDA method as a guide.

With a specific and structured narrative, you can easily determine which points are crucial to your message, and which ones feel excessive or unnecessary. This technique can also lead to a stronger connection between you and your audience.

3.) Create tension by identifying challenges

All the best stories are able to build tension for conflict and suspense. The same thing should be true for your sales pitch. Briefly show your prospects just how crucial your product or service is. Let them know that you’re aware of the problems they encounter. Describe a scenario that enumerates the challenges they face. Aside from making your pitch more compelling, this will let your prospects see how much you understand their current situation.

4.) Release tension by detailing your solution

Of course, you’ll need to do more than talk about the problems. Too much suspense can also kill engagement, so balance your story out by bringing attention to positive details as well. Delve into the features of your product or service, and focus on the opportunities it can give your prospects. Show them how your solution is the best way to overcome their challenges.

5.) Showcase your accomplishments, expertise, and experience

Another thing you can’t miss is to showcase the value of your brand and company. Build audience trust by enumerating your key accomplishments and relevant industry experience. Let your prospects understand the culture and logic behind your product or service, but don’t spend too much time blowing your own horn. Majority of your sales pitch should be spent on connecting with your prospect and showcasing the benefits of your offer.

6.) Emphasize your message with slides that incorporate your brand

Your brand encapsulates your entire company identity. By creating a pitch deck that mirrors your brand, you can help your pitch become more unique and distinguishable. The easiest way to go about this is by using a color palette that’s similar to your logo. You can also incorporate the overall theme of your product into your design. These examples can serve as inspiration.

7.) Prepare for the difficult questions

You can never tell how the audience will react to your pitches. Your prospect might ask you questions that are difficult to answer. They could also bring up points you weren’t made aware of in your previous conversations. For situations like this, it’s always better to be prepared. Get ready to improvise. It will also help if you list down and answer all the possible questions that your audience might ask. Consult your colleagues and other members of your team to expand your list.

8.) Close with a specific Call-to-Action

The Call-to-Action (CTA) is perhaps the most crucial part of your sales pitch. It summarizes the purpose of your pitch in a bold statement that urges your prospects to take positive action. In other words, the CTA puts the ball on their side of the court. To be effective, a CTA needs to be direct, precise, and straight to the point.

9.) Don’t forget to follow up

Your work doesn’t stop even after your sales pitch ends with positive feedback. You can’t assume that your prospects will immediately act on your pitch. The people in your audience, especially the key decision makers, often have busy schedules. To make sure the impact of your sales pitch doesn’t dwindle, send an email to your prospects and reiterate your points.

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READ MORE: What Makes a Sales Pitch, As Told by Mad Men’s Don Draper

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Enhance Your Sales Pitches with the AIDA Method

Did your last sales pitch end with blank stares from the audience? If your answer is a loud and desperate ‘yes’, it’s time to consider a new strategy. Luckily, there’s a classic marketing trick that will help sustain audience engagement throughout your pitch. It’s called the AIDA method.

The AIDA method was first developed in 1898. It proves its longevity as it continues to provide an effective framework for marketing efforts. Utilize it for your next sales pitch.

What is AIDA?

AIDA is an acronym that stands for Attention, Interest, Desire, and Action. Basically, it serves as a framework for any type of content that aims to persuade, engage, and convert readers or viewers. For pitches, you start by grabbing the attention of your audience then move to building their interest.

When that’s done, you strive to make an emotional connection. This will eventually lead to positive response.

How exactly does AIDA work? Let’s break down each component of the method to see how it can improve your sales pitch:

A – Attention

Set up your pitch by introducing the problem your product or service can solve. Be creative with your approach. You can do it by describing a hypothetical scenario your audience can relate with. You can also start with shocking statistics. If you’re feeling brave, try integrating humor through a short anecdote. Another thing you can do is to ask your audience a thought-provoking question.

I – Interest

With your audience hooked, it’s time to dig a little bit deeper. Talk about the special features of your product or service. Provide them with information that’s backed by proof. If your product allows it, give your audience a short demonstration. This is your chance to impress your audience with case studies and facts gathered through research. The key is to build a strong case.

D – Desire

This step of the AIDA method is closely related to the previous one. After you sustain interest with hard facts, you have to generate a strong emotional connection. You want your audience to realize that you have the best solution to their problems. Continue explaining the features of your product or service, but frame the discussion in a way that’s a bit more personalized for your audience. Explain the advantages of your offer, and how that could benefit them. You can also show them a video of testimonials from relatable clients and customers.

A – Action

If you were able to sustain interest and create an emotional connection, the last step of the AIDA method will be easy to accomplish. After you’ve convinced your audience that your product/service is something they need, persuade them to take action. Take inspiration from advertisers who use a sense of urgency in their commercials. For your pitch, give the audience a call to action that’s straight to the point.

Reference

What Is AIDA?About.com Money. Accessed August 19, 2014.

Featured Image: Flazingo Photos via Flickr

What Makes a Sales Pitch, As Told by Mad Men’s Don Draper

A sales pitch is never easy. It’s not just about throwing random information and hoping it’ll stick with your audience. Your job is to convince customers and clients that yours is the best solution to their problem. If you don’t have the right ingredients, you’re sure to lose their attention.

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In order to seal the deal, your sales pitch needs to be creative, informative and visual. Your delivery also needs to be convincing, with equal parts charming and persuasive. Who better to learn from than Don Draper, TV’s most enigmatic ad man?

We reviewed past episodes of ‘Mad Men’ and identified some of Don Draper’s best pitches. Take a closer look to learn what your sales pitch is missing:

Appeal to emotions and be creative

Perhaps the most memorable of Don Draper’s pitches is the ad campaign for Kodak’s “wheel” projector. While others pushed for a campaign with a more futuristic tilt, Don decides to pander to emotions and nostalgia instead. He proposes that the projector is not a “spaceship” but a “time machine”, taking consumers back to their favorite memories. To prove his point, he uses the projector to show the Kodak execs pictures of his own family.

sales pitch mad men - kodak carousel
Don shows the room pictures of his family using the client’s new projector. Watch how his sales pitch plays out here.

People love a good story, especially one that tugs at the heartstrings. While data and statistics are important to a sales pitch, don’t forget to add an element of humanity. We all love seeing stories that we can relate to. Don dubs the new projector as the “Carousel”, making a then-technologically advanced product closer to home. Similarly, you should frame your sales pitch in a way that’s both creative and relatable.

In another example from the show’s fifth season, Don is struggling to come up with a campaign for Heinz Beans. How can something so ordinary be turned into an innovative ad campaign? Don’s wife Megan comes up with the slogan, “Some things never change.” With that idea, Don informs the firm to create a campaign that is anchored on human emotion.

It doesn’t matter what you’re trying to sell. The best way to ensure your sales pitch succeeds is by giving your prospects something they can both relate to and enjoy.

Listen to your audience and be proactive

In the first episode of the series, we see Don struggling to come up with an idea to present to the execs of Lucky Strike. During the meeting, the ad team offers up suggestions but the clients remain dissatisfied. Don saves the meeting and proceeds to give a remarkable sales pitch because he was proactive.

sales pitch mad men - lucky strike
Don comes up with the slogan, “It’s Toasted”. Watch the entire scene here.

Instead of being defeated by the negative feedback, Don uses it to gain leverage for his pitch. He reaches out to the execs and uses what he learned to come up with a slogan. During your own sales pitch, be mindful about preventing the conversation from becoming one sided. Listen to the feedback your prospects are giving you and allow a dialogue to take place.

A similar instance happens in episodes 6 of the first season. The cosmetics company Belle Jolie seeks the help of Sterling and Cooper to come up with an ad campaign for their lipsticks. Don makes his pitch and is immediately turned down. The slogan, “Mark Your Man,” doesn’t exactly capture what the client originally wanted. Instead of scrapping his idea, Don is confident that his vision is perfect for Belle Jolie.

sales pitch mad men - belle jolie lipstick
Don and the ad team pitch their campaign to the clients. Watch the clip here.

He acknowledges the client’s feedback and proceeds to explain why his slogan perfectly encapsulates what they’re aiming for. Taking feedback is an opportunity to understand exactly what your prospects need. Use it to address the age-old question, “How can you help me?”

You don’t have to be Don Draper to pull off a winning sales pitch. Following these simple steps will bring you closer to your audience. Reel people in with emotional appeal before bringing out the facts, and don’t forget to listen to their feedback so they feel your sincerity.

Every presentation pitch needs a pitch deck to match. Contact our pitchdeck.com experts today to transform your slides into an engaging visual aid.

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Featured Image: AMC
Screencaps via YouTube

Why Sales Pitches Turn Into Failures of Epic Proportions

After countless cold calls and follow-ups, you’re finally given an opportunity to visit a prospect and do a sales pitch in person.

But as luck would have it, you flubbed and the pitch was unsuccessful. When sales pitches fail, it’s likely that the presenter committed one of these mistakes:

Sharing too much information

Why it’s a mistake: We now live in a society where almost everyone is compelled to share what’s on their mind (through tweets and status updates). In spite of that, it still pays to show some restraint. When doing a pitch, sales people tend to share so much information in hopes of creating rapport with the audience.

That’s a valid point, sure. Prospective customers, however, are more interested in learning about the benefit of using your product than its history or the materials used to assemble it. This means that your solution slide should clearly how you intend to solve your market’s particular problem.

What you should do: List three value propositions that appeal to your prospects and relevant to your solution. Emphasize the unique value of your solution.

From your slides, your audience should be able to understand that your company alone can deliver the best (perhaps, only) solution. Remember to use simple texts and visual examples.

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Failing to set yourself apart from the competition

Why it’s a mistake: Choosing between brands can be hard. If you fail to differentiate yourself from your competitors, you are missing the opportunity to make things easier for your prospects. The goal of your pitch is to make people decide in your favor – not to confuse them even further.

What you should do: Design a slide that summarizes the things that you do better than your rivals. Point out the problems that only you can solve. You may support your claim by using testimonials that focus on how your solution works.

Using the wrong point of view

Why it’s a mistake: By WRONG point of view, we mean YOURS. Don’t make the pitch all about you or your business. No matter how long you’ve been in business or how many office locations you have around the world, the only thing that your prospects have in mind is, “What’s in it for ME?

What you should do: Put yourself in your audience’s shoes. Present from their point of view by being aware of their needs and wants.

This would involve doing a bit of research about their background and interests, which, we assume, you’ve already done during the planning stage.

Making a sales pitch can be very challenging. Not a few stories have been told about pitch disasters and dejected presenters. Mistakes could happen, but this doesn’t mean they are impossible to overcome. Knowing these mistakes is half the battle.

Reference

Conducting Market Research.” Entrepreneur. 2010. Accessed June 02, 2014.

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Featured image by Steve Snodgrass from flickr.com

Three Mistakes to Avoid in Making Your Elevator Pitch

An elevator pitch is a short but persuasive speech that aims to spark interest in what your business does. It is also used to generate interest in a particular project, concept, or product. Ideally, an elevator pitch shouldn’t last longer than a short elevator ride (about 30-45 seconds).

With that very small window of opportunity, it may seem hard to get a pitch right. There are several ways Entrepreneur contributor Dwight Peters provides on perfecting an elevator pitch. It would also help, however, to be aware of the most common elevator pitch mistakes.

Apart from avoiding such mistakes, you’d be able to project a more confident front once you finally make your pitch. So, let’s get started with these three mistakes:

Focusing on Yourself

While your professional success can be a good thing, talking about it for too long would only alienate your audience. It will make you sound like an arrogant know-it-all who believes he’s better than them.

Don’t lose sight of your main goal, which is to establish a connection with your listeners. Remember that like any human being, they’re mostly interested in how you can help them, not amaze them with your numerous credentials. You can establish this much-needed connection by linking what you do with an existing need or problem. A good problem slide can help you explain this part.

When you explain to your audience what it is that you do, do not be too general in your approach. It is best to be specific. It will make your elevator pitch as relevant as possible.

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Using Technical Lingo

In making your pitch relevant, see to it that you avoid jargons and buzzwords that only you or someone in your industry understands. Otherwise, you will only succeed in creating a communication gap between you and your audience. As a result, you will lose their attention quickly.

Remember, the goal of the elevator pitch is not to show how extensive your vocabulary is. Using words a potential investor or customer don’t understand will not impress them. It will only backfire on you.

Bragging about Your Company

Similar to talking too much about yourself, people aren’t that interested in hearing you brag about your company. While presenting your product or service’s unique features may be essential in highlighting your advantage over the competition, your audience won’t speculate on the process you use to get results.

Ultimately, the only thing that matters to them is what’s in it for them. So focus more on explaining the benefits that you offer, not on your process of doing things.

With these things out in the open, you can now focus better on the right steps to take. Keep in mind, though, that there are still some challenges that you might encounter. But as long as you position your business as the one who can provide the best solution to a pressing need, you are off to a good start.
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Reference

Peters, Dwight. “6 Tips for Perfecting Your Elevator Pitch.” Entrepreneur. August 27, 2013. Accessed May 22, 2014.