This document provides guidance on constructing effective sales pitches. It recommends determining the audience's needs and problems first before drafting the pitch. A good pitch structure includes a hook to engage the audience, stating the objective and roadmap, describing the problem and solution, presenting the product, summarizing, explaining why the seller is best, and explicitly asking for the business. Specific hook strategies like "bait and switch", "fixing a dichotomy", and storytelling are outlined. The document emphasizes understanding the audience and clearly linking how the product or service solves their particular problems.
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Marketing Education_Honing Sales Pitch Version 2_pdf
This document provides guidance on constructing effective sales pitches. It recommends determining the audience's needs and problems first before drafting the pitch. A good pitch structure includes a hook to engage the audience, stating the objective and roadmap, describing the problem and solution, presenting the product, summarizing, explaining why the seller is best, and explicitly asking for the business. Specific hook strategies like "bait and switch", "fixing a dichotomy", and storytelling are outlined. The document emphasizes understanding the audience and clearly linking how the product or service solves their particular problems.
This document provides guidance on constructing effective sales pitches. It recommends determining the audience's needs and problems first before drafting the pitch. A good pitch structure includes a hook to engage the audience, stating the objective and roadmap, describing the problem and solution, presenting the product, summarizing, explaining why the seller is best, and explicitly asking for the business. Specific hook strategies like "bait and switch", "fixing a dichotomy", and storytelling are outlined. The document emphasizes understanding the audience and clearly linking how the product or service solves their particular problems.
ISB-SRITNE & CSC e-Governance Services February 2019 Module Objective • Learning the art of making a sales pitch • Identifying the areas that make a sales pitch ineffective Typical Sales Pitch • About the Company • Who are We • What do we do • Who do we serve • How we do it • About the Product • What is the product • Why is it good • Who all find it good • Achievements • Recognition • Success Client reaction to a typical sales pitch • Selective Listening • Information Fatigue • Disinterest • Lack of clarity about seller’s focus Before you draft next sales pitch, ask: • Who is the audience? • Their background • What do they do? • Who do they sell to (if they do)? • What are their processes? • What is their problem? • What is their need? • What are the issues arising out of these needs? • How can you help to solve? • How can your services/ product help solve their needs? Structure of a Good Sales Pitch • Hook • Objective • Roadmap • Problem • Solution • Product • Summary • Why us? • Asking for business Strategies for Constructing a Good Hook • Bait and Switch • Start with an undeniable and important to client truth, e.g., for a client who uses technology for all their activities, starting by saying technology has changed our lives • Follow by a contrasting statement that makes client wonder, e.g., the constant calls, mails are all like enemies • Follow by explanation and plant the solution you are about to offer, e.g., technology based communication have taken away the human touch from communication and treats everyone the same way, and hence we need to have options that helps having real conversations. Strategies for Constructing a Good Hook • Fixing a Dichotomy • Start with an undeniable and important to client truth, e.g., for a client which deals in event videography saying, drones have helped capturing the events in better details • Follow by something of concern for the client in that context, e.g., crashing a drone is a frequent phenomena and costs a lot to the buyer both in terms of cost of drone and missing on capturing important details • Follow by planting the solution to discuss in detail later, e.g., the users of drone need a short training to make sure that they can use it well and prevent crashes as much as possible Strategies for Constructing a Good Hook • Story: • Start with a story, where there was a problem (preferably similar to that of current client) • Follow how the problem was solved • Pique technique: • Starting by an unrelated question, e.g., what is your favorite TV show • Follow by connecting to the current problem • Flattery: • Start with praising the client, establishing what makes you interested in serving them Objective and Roadmap • What does the client get from listening to your presentation, e.g., in example about technology leading to conversations not being real any more, follow by saying, today we will discuss how business conversations can be made real on technological platforms, which will help you in XYZ ways • Follow by quickly giving a roadmap of the main presentation and the time requirement for it Problem and Solution • Present your understanding of the problem • Ask them to define the problem • Question to understand the underlying need • Describe their need to them integrating their inputs • Probe for what an ideal solution will be • Describe what you think an ideal solution will be • Seek agreement on the ideal solution description Product Description and Summary • How is the product being offered a fit to the solution described by you • Describe solution and not features of the product • Use stories of solving similar problems for other clients • Use testimonials describing product if available • Summarize the needs defined, the solution described and product fit with the need Why Us • Start with awards and recognition • Follow by background and company’s journey • What differentiates you from competitors, e.g., innovation, prompt resolution of issues, fair pricing, customized solutions • Testimonials, if any • Alternatively, post summary, ask about what are they looking for in their service provider and then position yourself in that description Ask For Business • What is not asked is often not given • Don’t leave the pitch without asking for a close • How do you want to proceed? • Do you want anything else from us before making a decision? • Does our product solve your requirements