- A good pitch balances business and emotional needs;
- A good pitch is succinct;
- A good pitch tells a story;
- A good pitch focuses on benefits;
- A good pitch is short (10-20 slides);
- Create a beautiful and powerful presentation;
- Make your pitch visually exciting;
- A succinct, entertaining, and informative video showcasing how your product solves the challenges;
- Start off with a bang to grab your viewer’s attention - the first two slides need to quickly get them engaged.
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Problem: What is the problem you are solving? What is the pain point? What is the opportunity?
- Here’s where the storytelling starts;
- You’re establishing the status quo and convincing your audience that there’s a real problem here that you can solve;
- Remember all the research you did on understanding their needs, motivations, and challenges here.
- Ideally, you’ll present the ‘problem’ in 1-4 bullet point - Get to the point quickly.
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Solution: What is your solution? How does it solve the problem? How does it create value?
- List the 3 key benefits your solution provides.
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The Market: Who is your target market? What is the size of the market? What is the growth rate?
- Just how many people need your solution?
- Here is where you’ll talk about the real addressable market for your product and what percentage of the market you’re looking to dominate.
- Competition: Who are your competitors? What are their strengths and weaknesses? How are you different?
- What are the key differentiators that make your product stand out from the competition?
- What are the key features that make your product unique?
- Proprietary technology: What are your advantages, IP, technologies and innovations that are unique to your company, and will KO the competition?
- Quickly introduce the core team, or if it’s just you, talk about yourself;
- What makes you the best person to do all the things you’ve just said you’re going to do?
- Show all the skills your team has and how they complement each other.
- The pitch doesn’t stop after your last slide;
- If all goes well, you’ll be facing questions and comments from investors and customers eager to get on board with what you’re selling;
- So, as part of your pitch preparation, you need to be ready for questions, objections and pullbacks.
- Confidence is key when it comes to pitching;
- Before you step on any stage or into any office with your presentation you should know it front to back. Try it out on your co-workers. On your partner. On your parents;
- And when you’re practicing at home, speak out loud. Record yourself presenting and play it back.