How to craft an elevator pitch that sells

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December 14, 2020
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Patrick Dang
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How to craft an elevator pitch that sells

TL;DR

The core idea is to start with a one sentence pitch using the I help X achieve Y by doing Z formula, then tell a story that begins with a relatable problem, followed by a solution and the value you provide. This structure makes the pitch engaging, concrete, and easy to adapt to any product or service. The final goal is to persuade by showing multiple revenue streams and clear leverage for the audience.

Transcript

  • No matter what you do for a living, whether you work in business development, you're an accountant, freelancer, entrepreneur, you're always selling in some way. Because you're always selling yourself, whether you're selling yourself in a job interview, selling your products and services, or even just selling your ideas and persuading other people... Read More

Key Insights

  • I am a simple, repeatable one sentence pitch that fits the I help X achieve Y by doing Z formula.
  • The story component should introduce a relatable problem to engage listeners and create emotional connection.
  • A good pitch shifts from problem to solution to demonstrate concrete value and outcomes.
  • Showcasing multiple revenue streams helps reduce dependency on a single traffic source.
  • Adaptability is key; swap in your own pain points and customer stories to fit your context.
  • Avoid a hard sell by framing the pitch as a narrative that educates and informs before presenting the offer.
  • The structure includes problem, solution, and value to keep listeners invested and receptive.
  • The method can be applied to any product or service, as long as the audience and value are clear.
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Questions & Answers

Q: How to create the one sentence pitch using the I help X achieve Y by doing Z formula?

The one sentence pitch should clearly identify your audience (X), the value you provide (Y), and the method you use (Z). Start by naming who benefits, then state the outcome they gain, and finish with the action you take to deliver that outcome. This creates a concise, actionable statement that anyone can repeat in conversations. It is the foundation of a clear elevator pitch and directly informs the rest of the narrative.

Q: Why include a story in the elevator pitch?

Stories engage listeners by presenting a relatable scenario and emotional context. By starting with a problem that your audience can identify with, you create drama and curiosity about the outcome. The story then transitions into how your solution addresses the problem, making the pitch memorable and less like a traditional sales talk. The narrative helps illustrate benefits in a concrete, human way.

Q: What should the story’s problem focus on?

The problem should be something your audience recognizes and identifies with, ideally a pain point that leads to a negative outcome if not addressed. By framing the problem in terms of real consequences, you create relevance and urgency. The goal is to set up a turning point where your solution becomes the natural next step for resolving the issue.

Q: How does the example use multiple revenue streams in the pitch?

The example demonstrates that diversifying traffic sources from a single channel to multiple platforms reduces risk and improves resilience. By highlighting how online advertising across different platforms creates new revenue streams, it shows listeners the tangible benefit of expanding beyond what they currently rely on, which strengthens the perceived value of the service.

Q: What is the role of value in the elevator pitch?

Value explains why the audience should care beyond the immediate solution. It connects the solution to meaningful outcomes, such as sustainability, growth, or reduced risk. Conveying value helps listeners see long-term benefits and makes them more likely to engage with the offered service, because they understand how their situation improves.

Q: Can the pitch template be adapted to any product or service?

Yes, the template is designed to be adaptable. You replace the audience, the outcome, and the method with details specific to your product or service, and you swap in a relevant customer story. The core structure remains the same: one sentence pitch, a problem-driven story, a solution, and the value demonstrated.

Q: What is the sequence of the elevator pitch structure?

The sequence begins with the one sentence pitch, then moves to a story that introduces a problem, followed by the solution. After presenting the solution, you explain the value and why it matters. Finally, you tie the narrative back to why the listener should engage, ensuring the pitch feels informative rather than purely promotional.

Q: How does storytelling affect engagement in professional pitches?

Storytelling makes complex ideas easier to grasp by connecting them to real experiences and emotions. It helps the audience visualize outcomes and understand why a solution matters in a concrete context. When listeners are engaged, they are more likely to follow the pitch through to the proposed action rather than tuning out.

Summary & Key Takeaways

  • Summary point 1 explains the one sentence pitch and its components, making the value to the listener clear from the start.

  • Summary point 2 describes weaving a relatable problem into the pitch to capture attention and avoid a hard sell.

  • Summary point 3 outlines the flow from problem to solution to value, enabling customization for any business or service.


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