Strategy For Your Next Elevator Pitch

Elevator-Pitch

With well over 10,000 real estate agents to compete with in LA, sellers and buyers are seeking prompt justification as to why they should pick you over the next Tom or Jane. If you ran into your dream client and had 5 minutes to make your point, how would you make it happen? 

In her book Small Message Big Impact, Terri Sjodin (Fortune 500 consultant) discusses effective ways to deliver a prompt and to the point “elevator pitch” whether you have 5 minutes or 60 minutes. Here are some of the best tips she outlines in her book.

1.       Know exactly what you want the outcome to be 

Whether to get the ball rolling on a job or actually being chosen as the representing agent, you should know exactly what you want before you plan on going out and executing it.”Your message is like your song, and you have to let it be heard,” Sjodin wrote. “Believe in it, share it, and eventually, it becomes a natural part of your communication.” If you don’t have an aim or goal for what you’re setting out to accomplish, there won’t be much conviction or direction in your message.

2.       Tell your audience what they’ll get from your proposal

Use “Monroe’s Motivated Sequence” to be informative and persuasive in your speech:

1. Gain their attention by being able to relate to them.

2. Convince your target that they “need” your services.

3. Satisfy their problems with a suitable solution.

4. Get your audience to visualize their future with your service.

5. Tell your audience exactly what you want them to do today and exactly how to do it, and explain what you will do once they have made a decision to move forward.

3.       Speak in your own authentic voice

Practice your speech to gain poise and polish which will portray certainty and confidence. Finding the right words and using a comprehensive vocabulary will allow you to make your case with conviction.

4.       Control movement to attract your audience

Is there a way you should walk and pace to best control your audience’s attention? Sjodin has created a six-position approach to aligning your stance and movement:

1. Start in the center of the room to make your introduction.

2. Take 2-3 slight steps to the right, plant your feet and make your first point.

3. Then walk 3-4 steps back to the center and make your second point.

4. Next, go 3-4 steps further to the left and make your third point.

5. Walk slightly ahead and towards the center to start your conclusion.

6. Finally, finish your conclusion by taking 1-2 steps forward.

5.       Break down each talking point 

You can break it down into:

1. Argument: You have to show your audience why they need you, your company and your product.

2. Proof: Use statistics, stories or analogies to make your point and satisfy your audience so they’ll have the incentive to need you.

3. Visualization: After your argument and proof, your audience may be thinking “so what?” You need to show your audience what your argument means to them and how it will directly benefit them both immediately and down the line.

6.       Close in an unforgettable way 

You spent all this time on developing your argument, but getting your audience to take the next step is crucial. It’s the reason you came up with this speech in the first place. At this point, you should have engaged and enticed your listener. If you don’t build a strong argument with a compelling case for why your pitch should matter, you won’t be taken seriously. At the end of your speech, summarize your main points and leave the listener with a question that will lead them to action.

Many have found this very helpful in creating structure for their sales pitch. Believe in yourself, your service and what you have that others do not. Your confidence will help you sell your point but be sure to deliver those promises or you will reveal that it was only a show. 

Source: Business Insider http://www.businessinsider.com/terri-sjodin-how-to-deliver-an-elevator-speech-2012-10

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