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Great Elevator Pitch! What Now?

December 17th, 2008 @ 5:30 am

3 Comments

Categories: Cold Calls, Pitches, Sales Process, Sales Skills, Sales Tips

Tags: Prospect, Elevator Pitch, Sales Strategy, Benefits, Sales, Human Resources, Geoffrey James

Over the past week, I’ve been posting about elevator pitches.  Probably the most important part of the elevator pitch is the “call to action” at the end.

In most of the elevator pitches that people have sent me, the call to action (if present) is stilted and insensitive.  Here are two examples:

  • We know that in today’s marketplace we need to do more, and to that end Our Difference is the Key. Would you like to hear about the Executive Difference?
  • So what would need to happen to make your company something worth talking about by your customers?

They’re stilted because the wording is biz-blabby.  And they’re insensitive because they assume that the prospect is now interested.

According to sales guru  Barry Rhein, the “call to action” must be preceded by an open-ended conversation starter that allows you assess the customer’s interest.  Then, based on your sense of the level of interest, you attempt to close on a meeting using the appropriate call to action:

  • If the prospect still seems skeptical, say: “If we really could do [your offering's benefit], what would your thoughts be on having an initial conversation with us to hear more?”  Listen to the response, and then react accordingly.  You may not get the appointment, but you’ve at least opened up the possibility.
  • If the prospect now seems neutral, say: “What would your thoughts be on having an initial conversation with us about [your offering's benefit]? What is your availability over the next few weeks?”  Note that while this asks the same question as above, it pushes more strongly for an appointment.
  • If the prospect seems moderately interested, say: “I would love to have an initial phone conversation with you about [your offering's benefit].   What is the best way to get on your calendar?”  Because you’re reasonably sure of the prospect’s interest, you restate the benefit, and then go for the close.
  • If the prospect is clearly interested, say: “How do I get on your calendar, please?”  Because you know the prospect is going to say yes, you don’t restate the benefit, but just go directly to the close.

READERS: Have you ever turned a chance meeting into a sales opportunity?  If so, how did you do it?  Did you use an elevator speech?

This Blog's Best Post: The Ultimate Cold Calling Tool

 
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  •  
    1

    mjkkissinger

    12/19/08 | Report as spam

    RE: Great Elevator Pitch! What Now?

    I don't know about those. They surely don't interest me. When I talk with business owners or people generally, I simply ask "Are you interested other ways to make money or cut expense? They respond. If a business owner I ask: "If our company, Profit Builders Inc., can show you, for no money up front and a 100% personal satisfaction guarantee how to add at least $50,000+ more to your bottom line [money beyond what they are already making] do you have 5 minutes to meet with us?" They respond.

  •  
    2

    Geoffrey James, Sales Machine

    12/19/08 | Report as spam

    RE: Great Elevator Pitch! What Now?

    Quote from mjkkissinger: I don't know about those. They surely don't interest me.

    Your call to action is just the generic one that I presented above made specific to your company. Quick pointer, though: if the prospect doesn't know you already to the point where you have credibility, your "personal satisfaction guarantee" is worthless. So you can leave that part out.

  •  
    3

    Geoffrey James, Sales Machine

    12/19/08 | Report as spam

    RE: Great Elevator Pitch! What Now?

    Quote from mjkkissinger: "If our company, Profit Builders Inc., can show you

    Say hi to Keith for me.

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