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Sigma                           Free
                                      Presents…
What’s Your Business? 
The Art of An Elevator Pitch

 Sponsored by:



      Provided by Sigma College of Small Business, Inc.
Sponsored by:
                                  Agenda
               Introductions

                       Keynote Topic
                  What’s Your Business?
                The Art of An Elevator Pitch


             Our Sponsor:  Freeman & Sherburne

               Break – Refreshments and Networking
  Ask 
Questions                                        Keynote Conclusion
Any Time                                   What’s Your Business?
                                         The Art of An Elevator Pitch
                    What's Your Business? The Art of An Elevator Pitch                 2
                     Copyright 2010 Sigma College of Small Business, Inc.
Sponsored by:
Review of the 7 Steps
for Choosing the Right Promotion Method
 Describe Audience(s)    • Segment the market
                         • Audience priorities and needs
                         • Buying behavior                                                                                      Audience

 Promotion Objectives    • Desired audience action – now and future
                         • Frequency of response
                         • Response volume                                                                                     Objectives

 Message                 • Audience priorities and needs
                         • VALUE proposition                                                                                    Message
                         • General and specific messages
 Budget                  • Investment
                         • Expected return v. cost                                                                               Budget
                         • Risk
 Methods                 • Channels

                  Networking
                         • Mix
                         • Frequency
                         • Set goals for response and measure results
                                                                                                                                Methods


 Measure the Results                                                                                                             Results
 Follow‐up on Response   • Plan for follow‐up – start the sales process
                         Philip Kotler, Marketing Management, 9th Ed. (Upper Saddle River, NJ:  Prentice Hall, 1997), ch20.     Follow‐up


                         What's Your Business? The Art of An Elevator Pitch
                          Copyright 2010 Sigma College of Small Business, Inc.                                                              3
Sponsored by:


Know Your Audience
• How Many?
  – One – Build the conversation
     • Listen first, then respond in context
  – Many – Research and fit message
    to group average or target
                • New or Recurring?
                     – New – Cover basic core of value
                     – Recurring – Frequency, review, build
                • Type?
                     – Potential Buyer – Value to customer
                     – Lead Generator – Stimulate referral activity
                    What's Your Business? The Art of An Elevator Pitch
                     Copyright 2010 Sigma College of Small Business, Inc.              4
Sponsored by:


Objective
• Awareness
  – Audience more aware that you exist and your value
• Attitude
  – Audience builds a more positive
    attitude towards your business
• Behavior
  – Audience performs a desired action
     • Arranges follow‐up
     • Contacts you later
     • Talks to you during event

                  What's Your Business? The Art of An Elevator Pitch
                   Copyright 2010 Sigma College of Small Business, Inc.              5
Sponsored by:


General Messaging
• Focus! Focus! Focus!
  – Too many points dull the total impact
• Show Value to Listener
  – It’s not about what you do,
     it’s about the value you provide
• Differentiate
  – What sets you apart from the others in your field
  – Multiple levels – independent agents
• Provide Visualization Through Examples
                  What's Your Business? The Art of An Elevator Pitch
                   Copyright 2010 Sigma College of Small Business, Inc.              6
Sponsored by:


Messaging for Lead Generation
• Build Credibility
   – Relationship!
   – Example ‐ “Yesterday I helped a customer…”
• Make Them Sales People for You
   – They understand the value
   – Provide situations they can look for
       • Job change, new baby, starting a business, tax issues
   – Name specific leads and verticals you want
• Focus the “Feature List”
   – Your Specialties
   – Features they don’t know, but could help their contacts
   – Present value – with numbers if possible
       • Think “We could save you hundreds in 15 minutes” ‐ Geico

                      What's Your Business? The Art of An Elevator Pitch
                       Copyright 2010 Sigma College of Small Business, Inc.              7
Sponsored by:



Available Time
• Name and Company
    – Loud, Slow and Clear
    – Add 2‐4 word “clarifier” if it is not clear by 
      name
           • Smith, Smith and Smith ‐ full service insurance 
             agency
• 30‐60 seconds
    – Two, maybe three key points
    – Repeat brand
• The Ten Minute Talk
    – Build Credibility
    – Sell them on your value
    – Make them your sales force

  What's Your Business? The Art of An Elevator Pitch
   Copyright 2010 Sigma College of Small Business, Inc.              8
Sigma                           Free
                                      Presents…
What’s Your Business? 
The Art of An Elevator Pitch

 Sponsored by:



      Provided by Sigma College of Small Business, Inc.
Sponsored by:


 Value Statement Worksheet
Audiences I Face Time Available                         Key Message Points
                 • Name and 
                   Business
                 • 30‐60 seconds
                 • 5 minutes
                 • 10 minutes

                 Objective
                 • Awareness
                 • Attitude
                 • Behavior

                   What's Your Business? The Art of An Elevator Pitch                10
                    Copyright 2010 Sigma College of Small Business, Inc.
Sponsored by:

 Value Statement Worksheet
 Sigma College Example
Audiences I Face Time Available                            Key Message Points
• B2B Builders,       • Name and                           • Help business owners grow 
  Leadshare             Business                             their business
   – Many,            • 30‐60 seconds                      • By making them better 
     recurring, lead                                         business managers
     gen              • 5 minutes
                                                           • Practical, convenient and 
• Business After  • 10 minutes                               affordable classes
  Hours
   – Many, new,                                            • Programs available
     pot. Cust.     Objective                              • Valuable sponsor 
• Brown Bags        • Awareness                              opportunities available
   – Many, mix,                                            • Class topics and schedules
     mix            • Attitude                             • Credibility Message
• One on one        • Behavior                             • Contact Me

                      What's Your Business? The Art of An Elevator Pitch                11
                       Copyright 2010 Sigma College of Small Business, Inc.
Sponsored by:


Sigma College of Small Business
• Upcoming SigmaFree Classes                                                 Critical Business 
   – 3/9 – Search Engine Optimization and Keys                                     Areas
     to Online Marketing
                                                                             Strategy and Planning
       • Sponsor – Moe Technologies
   – 3/16 – Using Quickbooks for Better Decision  Marketing and Sales
     Making                                        Accounting and 
   – 3/23 – Spread the Word! Get More with             Finance
     Integrated Marketing                          Operations and 
• Focus Workshop                                                                    Quality
   – 3/30 – You Can Leverage the Online Social                                  Leadership and 
     Network                                                                    Administration
       • 10am – 2pm, $199                                                      Technology and 
                                                                                 Innovation

                     Dedicated to the Learning Needs of Small Business!
                      Copyright 2010 Sigma College of Small Business, Inc.                        12

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What Is Your Business The Elevator Pitch 032010

  • 1. Sigma Free Presents… What’s Your Business?  The Art of An Elevator Pitch Sponsored by: Provided by Sigma College of Small Business, Inc.
  • 2. Sponsored by: Agenda Introductions Keynote Topic What’s Your Business? The Art of An Elevator Pitch Our Sponsor:  Freeman & Sherburne Break – Refreshments and Networking Ask  Questions  Keynote Conclusion Any Time What’s Your Business? The Art of An Elevator Pitch What's Your Business? The Art of An Elevator Pitch 2 Copyright 2010 Sigma College of Small Business, Inc.
  • 3. Sponsored by: Review of the 7 Steps for Choosing the Right Promotion Method Describe Audience(s) • Segment the market • Audience priorities and needs • Buying behavior Audience Promotion Objectives • Desired audience action – now and future • Frequency of response • Response volume Objectives Message • Audience priorities and needs • VALUE proposition Message • General and specific messages Budget  • Investment • Expected return v. cost Budget • Risk Methods • Channels Networking • Mix • Frequency • Set goals for response and measure results Methods Measure the Results Results Follow‐up on Response • Plan for follow‐up – start the sales process Philip Kotler, Marketing Management, 9th Ed. (Upper Saddle River, NJ:  Prentice Hall, 1997), ch20. Follow‐up What's Your Business? The Art of An Elevator Pitch Copyright 2010 Sigma College of Small Business, Inc. 3
  • 4. Sponsored by: Know Your Audience • How Many? – One – Build the conversation • Listen first, then respond in context – Many – Research and fit message to group average or target • New or Recurring? – New – Cover basic core of value – Recurring – Frequency, review, build • Type? – Potential Buyer – Value to customer – Lead Generator – Stimulate referral activity What's Your Business? The Art of An Elevator Pitch Copyright 2010 Sigma College of Small Business, Inc. 4
  • 5. Sponsored by: Objective • Awareness – Audience more aware that you exist and your value • Attitude – Audience builds a more positive attitude towards your business • Behavior – Audience performs a desired action • Arranges follow‐up • Contacts you later • Talks to you during event What's Your Business? The Art of An Elevator Pitch Copyright 2010 Sigma College of Small Business, Inc. 5
  • 6. Sponsored by: General Messaging • Focus! Focus! Focus! – Too many points dull the total impact • Show Value to Listener – It’s not about what you do, it’s about the value you provide • Differentiate – What sets you apart from the others in your field – Multiple levels – independent agents • Provide Visualization Through Examples What's Your Business? The Art of An Elevator Pitch Copyright 2010 Sigma College of Small Business, Inc. 6
  • 7. Sponsored by: Messaging for Lead Generation • Build Credibility – Relationship! – Example ‐ “Yesterday I helped a customer…” • Make Them Sales People for You – They understand the value – Provide situations they can look for • Job change, new baby, starting a business, tax issues – Name specific leads and verticals you want • Focus the “Feature List” – Your Specialties – Features they don’t know, but could help their contacts – Present value – with numbers if possible • Think “We could save you hundreds in 15 minutes” ‐ Geico What's Your Business? The Art of An Elevator Pitch Copyright 2010 Sigma College of Small Business, Inc. 7
  • 8. Sponsored by: Available Time • Name and Company – Loud, Slow and Clear – Add 2‐4 word “clarifier” if it is not clear by  name • Smith, Smith and Smith ‐ full service insurance  agency • 30‐60 seconds – Two, maybe three key points – Repeat brand • The Ten Minute Talk – Build Credibility – Sell them on your value – Make them your sales force What's Your Business? The Art of An Elevator Pitch Copyright 2010 Sigma College of Small Business, Inc. 8
  • 9. Sigma Free Presents… What’s Your Business?  The Art of An Elevator Pitch Sponsored by: Provided by Sigma College of Small Business, Inc.
  • 10. Sponsored by: Value Statement Worksheet Audiences I Face Time Available Key Message Points • Name and  Business • 30‐60 seconds • 5 minutes • 10 minutes Objective • Awareness • Attitude • Behavior What's Your Business? The Art of An Elevator Pitch 10 Copyright 2010 Sigma College of Small Business, Inc.
  • 11. Sponsored by: Value Statement Worksheet Sigma College Example Audiences I Face Time Available Key Message Points • B2B Builders,  • Name and  • Help business owners grow  Leadshare Business their business – Many,  • 30‐60 seconds • By making them better  recurring, lead  business managers gen • 5 minutes • Practical, convenient and  • Business After  • 10 minutes affordable classes Hours – Many, new,  • Programs available pot. Cust. Objective • Valuable sponsor  • Brown Bags • Awareness opportunities available – Many, mix,  • Class topics and schedules mix • Attitude • Credibility Message • One on one • Behavior • Contact Me What's Your Business? The Art of An Elevator Pitch 11 Copyright 2010 Sigma College of Small Business, Inc.
  • 12. Sponsored by: Sigma College of Small Business • Upcoming SigmaFree Classes Critical Business  – 3/9 – Search Engine Optimization and Keys  Areas to Online Marketing Strategy and Planning • Sponsor – Moe Technologies – 3/16 – Using Quickbooks for Better Decision  Marketing and Sales Making Accounting and  – 3/23 – Spread the Word! Get More with  Finance Integrated Marketing Operations and  • Focus Workshop Quality – 3/30 – You Can Leverage the Online Social  Leadership and  Network Administration • 10am – 2pm, $199 Technology and  Innovation Dedicated to the Learning Needs of Small Business! Copyright 2010 Sigma College of Small Business, Inc. 12