One of the business tasks I've always dreaded is having to deliver my elevator pitch. You've got 30 seconds to explain all of the complex things you do and the pressure is on to do it in a way that is
interesting, distinctive, doesn't feel "salesy" and makes your prospect want to know more. Good luck!
For years I tried finding new and exciting ways of pitching that I was a marketing consultant
who specialized in consumer insight work, brand strategy and product innovation but the result was always the same. At best, a polite nod, at worst, visible disinterest.
I tried to be
creative, "I'm a growth specialist." I tried name dropping, "I work with companies like General Mills, Pepsi and Clorox." I tried to be direct, "I create the strategy that drives products and
messaging." But over and over again, I failed at finding the right words that would spark a meaningful new business conversation.
The problem with my approach was that it was all about me,
not about how I could help my prospect. Telling someone that I do brand strategy doesn't tell them anything about what I can do for them, it simply describes a function that I perform.
A few
years ago I learned a new way to think about the elevator pitch from a sales trainer named Colleen Stanley at Sales Leadership Development. Colleen's approach not only made me feel comfortable doing
my elevator pitch but it also dramatically improved the reactions I got from potential buyers.
The Sales Leadership approach is based on the belief that the features and benefits of your
business are only meaningful when the buyer connects them with an acknowledged pain or problem they're experiencing. The buyer sees your value in relation to their pain. If you can solve their pain,
there's a reason to learn more about your products and services. If you can't solve their pain, there is no reason to continue the conversation.
The way to get the buyer to acknowledge pain
is to talk in "pain points." Drafting a pitch composed of pain points starts with a simple exercise.
Step 1: Begin by listing all of the features and benefits of your
products and services.
Step 2: Next to each feature or benefit, write down what happens when you have the opposite of that feature or benefit
Step 3:
Write down the symptom your prospect experiences when the "opposite" is a business reality.
| Feature/Benefit
of My Business | Opposite | Pain Symptom |
| Create clear, compelling positioning
strategy | Messaging is inconsistent, confusing or uninspiring | Sales aren't meeting expectations |
| Develop new product strategies | No new product
pipeline | Losing shelf space to competitors |
| Define and profile a strategic target audience | Marketing efforts directed to the wrong people | Not showing up on the
radar of high value prospects |
After you've developed your pain points, you can put them together a brief statement that can serve as your new elevator pitch.
"I do marketing consulting and work with business leaders who are ...
- Frustrated because they have a great product or service but their messaging isn't compelling and as a result sales
aren't meeting expectations
- Struggling because they don't have a new product pipeline and as a result are losing shelf space to the competition
- Missing out on
business opportunities because they're not on the radar of important customer and consumer prospects"
It's easy to see the value this new approach delivers. Your prospect can instantly
recognize if they have a need for your services, they won't feel "sold," and you won't be in a position to defend why the solutions you offer are relevant to their business.
While it may
sound harsh to suggest you purposely cause your prospects pain, pain is a powerful motivator. Pain is what drives people to action. Pain will create opportunities for you to provide solutions.
Solutions results in profits for both you and your clients.
I can't tell you what a game-changing tool talking in pain points has been for my business, and I encourage you to try it for
yours.