How to Create an Elevator Pitch That Opens Doors

How to Create an Elevator Pitch That Opens Doors

Seize the Moment—Even If It’s Only 30 Seconds

You’re at a networking event. Or in line at the airport. Or maybe, quite literally, in an elevator. Someone turns to you and asks, “So, what do you do?”

That question—simple as it is—can be the beginning of a great opportunity… or a missed one.

As a small company fighting for attention in a crowded market, you don’t have the luxury of wasting that moment. You need a clear, concise, and compelling elevator pitch to earn a second conversation.


The Purpose of an Elevator Pitch

Your elevator pitch—or Unique Selling Proposition (USP)—is your verbal business card. It should quickly communicate what you do in a way that intrigues the listener and invites them to want more.

Your goal isn’t to close a deal on the spot. It’s to spark curiosity. It’s to turn a casual chat into a qualified lead.


The Anatomy of an Effective Elevator Pitch

Let’s break down what makes a pitch effective—and memorable.

1. Start with a Clear, Impactful Statement

Skip the jargon. Skip your job title. Lead with value.

“I help company owners dramatically increase the market value of their company.”

That kind of opener gets attention. It invites the natural question: “How do you do that?”

2. Avoid the “AND” Trap

Trying to cram too much into your pitch dilutes your message. Avoid saying, “We do this AND that AND also this.”
Instead, focus on one powerful value proposition. If you confuse your listener, you’ll lose them.

3. Know Your Audience

Adapt your pitch to fit the moment and the person. You wouldn’t speak to a private equity investor the same way you would to a small business owner. Tailor your language, examples, and tone to resonate with the listener.


Use a Mini Case Study with the PONI Method

If you have 10 more seconds of their attention, use it to share a brief, compelling client success story using the PONI method:

  • Project: What challenge did your client face or what were they trying to accomplish?
  • Old: How did they do that before?
  • New: What did you provide that changed things?
  • Impact: What was the measurable result?

“One of my clients leveraged increased revenue to grow their company’s market value by 167% in just 10 months.”

That’s the kind of story that gets remembered.


Don’t Forget the Ask

Close by inviting the next step:

“I’d love to share how we did it—can we schedule a follow-up conversation?”

That one line can turn a random encounter into a real opportunity.


Watch the Video

To see these concepts in action and learn how to craft your own elevator pitch, watch this short, practical video:


Want Help Refining Your Elevator Pitch?

If you’re ready to sharpen your messaging and make every introduction count, I’m happy to help.
Email me at Sean at NewSales dot Expert or send me a message here.

Let’s turn your next chance meeting into a business breakthrough.

Driving Sales Performance with Strategic Competitive Analysis

Driving Sales Performance with Strategic Competitive Analysis

Ever wonder why some sales teams consistently outperform their competitors while others struggle to close deals? The answer often lies in how well they understand and leverage competitive analysis in their sales process.

Let’s talk about competitive analysis in sales. It’s not just about knowing your competition – it’s about understanding how to use that knowledge to drive results. You need to grasp why prospects choose specific solutions over others and, more importantly, why they sometimes choose to do nothing at all.

Have you considered how many deals you’ve lost not to competitors but to indecision? These “no decision” outcomes often stem from a fundamental gap in prospect qualification. Intelligent sales professionals dig deeper, asking targeted questions about organizational priorities, resource allocation, and strategic initiatives. They understand that timing can be just as crucial as the solution itself.

The modern sales landscape demands a sophisticated approach to competitive analysis. Your success hinges on aligning your organization’s strengths with your prospect’s needs. But here’s the real question: Do you truly understand what your ideal client values most?

Many sales professionals miss the mark by focusing solely on feature comparisons. While product capabilities matter, they’re just one piece of the puzzle. The real power lies in understanding how your solution addresses your prospect’s challenges. This requires a comprehensive view of your competitive landscape, including direct and indirect competitors.

Think about your last few lost deals. What patterns emerge when you analyze the feedback? Every objection and hesitation after presenting pricing are valuable data points that should shape your competitive strategy. Your sales conversations must reflect a deep understanding of your prospect’s value metrics.

Read the rest of the article…
Turning Competition into Opportunity: A Guide for Success in Sales

Turning Competition into Opportunity: A Guide for Success in Sales

Competition in B2B sales isn’t your enemy. It’s your greatest catalyst for growth and innovation in today’s dynamic market landscape. Have you considered how viewing competitors as opportunities rather than threats could transform your sales approach? Let me show you why this mindset shift matters for your bottom line.

Think beyond the obvious when identifying your competition. Your real rivals aren’t just companies selling similar products or services. They’re anyone competing for your prospect’s budget allocation. This includes businesses offering solutions with capabilities or price points different from yours and other priorities within the prospect. The competitive landscape extends far beyond your direct market segment.

The most formidable opponent often lurks in the shadows of customer inertia. This “no-decision” competitor manifests as your prospect’s resistance to change. It’s the comfort zone that whispers, “Maybe later,” or “What we have works fine.” Understanding this psychological barrier is crucial for your sales strategy.

You need a systematic approach to analyzing and outmaneuvering your competition. Start with an honest assessment of your position in the market. What unique value do you bring to your customers? Where do you consistently outperform others? This self-awareness forms the foundation of your competitive strategy.

Know your competition inside and out. Study their strengths, weaknesses, market positioning, and customer relationships. Your competitive analysis must go deeper than surface-level observations. Map out how their strengths align with your weaknesses. This intelligence helps you craft more compelling value propositions and sales approaches.

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Differentiating in the Sales Process: The Key to Boosting Bottom Line

Differentiating in the Sales Process: The Key to Boosting Bottom Line

The roles of salespeople, sales managers, and small business CEOs are ever-evolving. A common problem faced is increasing revenue and productivity in sales processes. This goal is common for all, from individual salespeople striving to provide for their families to CEOs seeking to boost their company’s bottom line. The key to achieving this lies in understanding the dynamic nature of the sales environment and leveraging it effectively.

A significant part of the sales process revolves around the buyer’s perception of a product or service as a commodity. This misclassification is usually caused by insufficient differentiation in the early stages of the sales process. Differentiation is crucial in any sales process, regardless of the industry or scenario. Creating enough differentiation can be the difference between closing a deal at a discounted rate or the desired price.

Salespeople are experts in their field, whether selling a unique product specific to their company or a common commodity. They typically have a deeper understanding of what they are selling than their prospects have about what they are buying. This expertise should be leveraged to guide prospects through the buying process, adding value to the relationship and making the salesperson indispensable. This approach can reduce the emphasis on price and increase the potential for higher earnings.

Every business has unique values that differentiate it from its competitors. These unique values could be anything from their mission, vision, and values to their market commitment and guarantee. This is commonly called a Unique Value Proposition (UVP) or a Unique Sales Proposition (USP). While a UVP and a USP are similar, there is a slight difference in that the former is typically created by the Marketing department (or sometimes with the help of a business adviser such as an EOS implementer. The latter is directly targeted at salespeople and what a salesperson should say to their prospects and customers. Salespeople should understand what makes them different and communicate this effectively to their prospects. The ability to create separation and differentiate oneself is why people pay for a product or service.

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Drive New Sales In Your Company – Newsletter – June 2024

Drive New Sales In Your Company – Newsletter – June 2024

Transform Your Sales Strategy with the Three-Legged Stool Approach: Resonate, Differentiate, Substantiate

Transform Your Sales Strategy with the Three-Legged Stool Approach: Resonate, Differentiate, Substantiate

Business-to-business (B2B) sales is more than selling a product or service. It involves a strategic approach that includes understanding the customer’s needs, differentiating your offering, and building trust. This strategic approach is often called the three-legged stool of sales: Resonate, Differentiate, and Substantiate.

Resonating with customers is the first step (leg) in the sales process. It involves answering the questions “Why should the customer act?” and “Why should they act now?” To resonate with customers, you must understand their goals and how your product or service can meet them. This requires careful listening, understanding, and empathy.

The second leg of the stool is differentiation. This answers the question, “Why choose us?” Differentiation is all about highlighting what makes your product or service unique from the competition. This could be anything from superior quality and innovative features to excellent customer service. It’s crucial to communicate this differentiation clearly and effectively to the customer.

Read the rest of the article…
The Key to Extraordinary Sales: Developing a Compelling Unique Selling Proposition

The Key to Extraordinary Sales: Developing a Compelling Unique Selling Proposition

In B2B sales, professionals grapple with many challenges that can make or break their success. Clearly articulating a unique selling proposition (USP) stands out as a cornerstone for distinguishing oneself from the competition. This capability is not just a nicety—it’s a necessity. As businesses strive to carve out their niche in crowded markets, understanding and communicating what makes them distinct becomes paramount.

The concept of a USP or value proposition is often used interchangeably, yet its essence lies in differentiation. It’s about answering the pivotal question: why should customers choose you over others? This query isn’t trivial; it’s fundamental to the survival and growth of any business. As we delve deeper, it becomes evident that the challenge isn’t just about having a unique offering but about ensuring that every sales and leadership team member can communicate this uniqueness consistently and effectively.

The repercussions of failing to do so are significant. A disjointed message can lead to confusion in the marketplace, eroding trust and making it difficult to attract and retain customers. Furthermore, in an era where talent is a key competitive advantage, a clear and compelling USP can also be a magnet for attracting top sales talent. Articulating what sets a company apart is crucial for winning customers and building a strong, cohesive sales team.

Achieving alignment on a USP requires a deliberate effort. It involves going beyond superficial statements that could apply to any company and digging deep to identify what truly makes your business special. This process can be challenging, requiring businesses to engage in introspection and sometimes difficult conversations. However, the rewards of getting it right are substantial. A well-articulated USP can be the foundation for all sales and marketing efforts, providing a clear, compelling reason for customers to choose your company.

One effective strategy for uncovering your USP is to engage directly with your customers. Businesses can gain often overlooked insights by understanding why they chose your company and what they value most about your offering. This customer-centric approach helps refine your USP and ensures that it resonates with the people you aim to serve.

Furthermore, consistency in communication is key. It is crucial that everyone from the sales team to the marketing team and the CEO can articulate the USP consistently. This doesn’t mean reciting a scripted message but rather understanding the core essence of what makes the company unique and being able to convey that in various contexts.

Communicating a unique selling proposition is not just a sales challenge; it’s a strategic imperative for businesses aiming to thrive in the competitive landscape of B2B sales. It requires a concerted effort to identify, articulate, and consistently communicate what makes your business unique. By doing so, companies can differentiate themselves in the eyes of both customers and potential sales talent, paving the way for sustained growth and success.

Immediate actions that you can use

  1. Conduct a USP Workshop: Organize a workshop with your sales and leadership teams to dive deep into your current unique selling proposition (USP). Use this session to critically assess whether your USP truly differentiates your offering from the competition and aligns with your target customers’ needs. Employ techniques like customer feedback analysis and competitor comparison to refine your USP, ensuring it’s both compelling and clearly communicated by all team members.
  2. Revise Sales Materials and Messaging: Review and revise your sales collateral, website content, and social media messaging to ensure consistency and alignment with your refined USP. This action ensures that all touchpoints with potential customers reinforce the unique benefits of choosing your service or product. Consider involving a cross-functional team in this process to guarantee that the USP is clearly and effectively integrated across all platforms and materials.
  3. Engage in Customer Conversations: Starting today, initiate conversations with a selection of your most valued customers. The objective is to understand why they chose your company over others. Ask specific questions to uncover the aspects of your product or service they find most valuable and unique. Use these insights to validate your USP and discover potential areas for further differentiation. This direct feedback will be invaluable in fine-tuning your sales strategy and enhancing your competitive edge in the market.
Two Tall Guys Talking Sales – The Trusted Advisor: Excelling in Consumable Product Sales – E70

Two Tall Guys Talking Sales – The Trusted Advisor: Excelling in Consumable Product Sales – E70

Welcome to another insightful episode of “Two Tall Guys Talking Sales,” where hosts, Kevin Lawson and Sean O’Shaughnessey, delve into the often-overlooked realm of consumable sales. In this episode, they explore strategies for making that initial sale and ensuring repeat business in a competitive market. Whether you’re selling paper, steel, lubricants, or any consumable product, this episode is packed with valuable insights for sales professionals at all levels.

Key Topics Discussed

  1. The Importance of Being a Trusted Advisor: Understanding the significance of building solid customer advisory relationships in consumable sales.
  2. Selling Beyond the Product: How to add value and differentiate yourself when selling widely available products that are similar across competitors.
  3. Strategies for New Territory Development: Tips for sales leaders and salespeople on effectively breaking into and growing new sales territories.
  4. Crafting a Unique Selling Proposition (USP): The necessity of developing a compelling USP, even for distributors of similar products.
  5. Role of Sales Managers and CEOs: The importance of leadership in providing tools and processes to support the sales team in delivering value.
  6. Maintaining Customer Satisfaction: Strategies for keeping customers engaged and ensuring repeat business in a competitive environment.

Key Quotes

  • Sean: “The value you bring is you. The value you bring is your ability to understand the prospect, your ability to guide the prospect.”
  • Kevin: “Figure out for yourself what makes the most value for your customers. When they say, ‘thank you,’ what do they say thank you for?”

Additional Resources

  • Book: “Challenger Sale” – Recommended for understanding the concept of challenging and driving customer business – https://a.co/d/cIUwphe.
  • Book: “Eliminate Your Competition” by Sean O’Shaughnessey https://a.co/d/4qCVNEP.

Summary

In this episode, Kevin and Sean provide a deep dive into the world of consumable sales, emphasizing the importance of being more than just a salesperson – being a trusted advisor. They discuss the necessity of understanding your product and your customer, crafting a unique selling proposition, and the critical role of sales managers and CEOs in empowering their teams. Whether you’re a seasoned sales professional or just starting, this episode offers practical advice and strategies to excel in the competitive market of consumable sales. Tune in to “Two Tall Guys Talking Sales” for these and more invaluable sales insights.

Two Tall Guys Talking Sales – Selling Repeat Products: A Guide to Thriving in Consumable Product Sales – E69

Two Tall Guys Talking Sales – Selling Repeat Products: A Guide to Thriving in Consumable Product Sales – E69

Welcome to another insightful episode of Two Tall Guys Talking Sales, hosted by Kevin Lawson and Sean O’Shaughnessey. In this episode, the duo delves into the often overlooked but crucial sales aspect – selling consumable products. They explore strategies and insights for salespeople who deal with regularly consumed and repurchased products, such as manufacturing supplies, paper products, and even everyday items like toilet paper.

Key Topics Discussed

  1. The Unique Challenges of Selling Consumable Products: Understanding the dynamics of selling products that are regularly used up and repurchased.
  2. Strategic Sales Approaches: How to effectively sell consumable products in competitive markets.
  3. The Importance of Value Proposition: Emphasizing the significance of a unique selling proposition (USP) in consumable product sales.
  4. Salesperson’s Role in Consumable Sales: The critical impact of the salesperson’s understanding of the customer’s business and needs.
  5. Territory Management and Growth Strategies: Effective methods for expanding sales territories and managing customer accounts.
  6. Cross-Selling and Team Collaboration: Leveraging the strengths of a sales team through cross-pollination of skills and coaching.

Key Quotes

  • Sean: “In the environment we’re talking about here, where it’s a consumable product… the quality of the salesperson comes to play in a big way.”
  • Kevin: “You need to know where and how you compete. It’s as simple as that. Who do I call on? How do I compete? Is it price? Is it value?”

Additional Resources

  • Sean O’Shaughnessey’s book “Eliminate Your Competition” for more in-depth sales strategies – https://amzn.to/2K37ugx

Summary

In this episode, Kevin and Sean provide valuable insights into the world of selling consumable products. They emphasize the importance of understanding the unique challenges of this market, including the need for a strong value proposition and the crucial role of the salesperson in understanding and meeting customer needs. The discussion also covers effective territory management and the benefits of leveraging team strengths for cross-selling. This episode is a must-listen for sales professionals looking to excel in the consumable products market and for those seeking to enhance their sales strategies in competitive environments.

Listen to this episode of Two Tall Guys Talking Sales to gain valuable insights and strategies for excelling in the consumable products market, and to learn how to effectively grow your sales territory and manage customer relationships

Two Tall Guys Talking Sales – Special Episode: CEO Workshop – Defining Your Corporate Sales Strategy – E63

Two Tall Guys Talking Sales – Special Episode: CEO Workshop – Defining Your Corporate Sales Strategy – E63

Sales Strategy Isn’t Just About Hitting Numbers: It’s Your Operational Backbone for Success

A well-defined sales strategy is indispensable for long-term business success.

Importance of Market Segmentation

Don’t fall into the trap of a one-size-fits-all approach. Market segmentation is your tool to tailor unique strategies for distinct customer profiles, ensuring maximized reach and impact.

Crafting a Unique Selling Proposition (USP)

A compelling USP is your golden ticket in a saturated market. Your competitive edge makes your offer not just another option but the go-to solution for your target audience.

Sales Process Flowchart: Consistency is Key

A detailed sales process flowchart is the backbone of your sales execution. It provides a replicable structure and methodology, helping your team stay aligned and focused while enabling timely interventions to address bottlenecks.

Balance Short-term Gains and Long-term Objectives

Quick wins can boost morale but cannot derail your broader goals. CEOs must ensure alignment between immediate gains and long-term strategic objectives, further amplified when integrated with marketing initiatives.

Culture of Continuous Learning

Stagnation is your enemy. Cultivate a culture where past data serves as a scoreboard and a treasure trove of insights for future strategy adjustments.

Regular Reviews for Adaptability

The market won’t wait for you to catch up. Periodic reviews and adjustments ensure your strategy is a living, breathing entity, agile enough to adapt to market conditions and competitive pressures.

Remember, a well-defined, adaptable sales strategy is the key to corporate excellence. Take control and be the strategic architect of your company’s success.