YOUR ELEVATOR PITCH: MORE THAN 30 SECONDS OF WORDS

Jim Hockenberry Professional Services Group - Mercer [email protected] October 2, 2015

James Hockenberry [email protected]

1

What are Commercials?         

Call to action (target companies) Marketing tool = hook A teaser – leave them wanting more Statements of value Statements of facts Statement of professional competence Lead-in for discussion Call to action – how can they help you (target companies) Call to action – how can you help them

?

What are they NOT      

Summary of everything you did All about “ME” A recited speech Why you are out of work, etc Apologies Same for everybody

James Hockenberry [email protected]

2

WHERE DO YOU USE YOUR COMMERICAL?      

Meetings such as this Social connections – church, soccer game, friends Business meetings – lunches, professional gatherings Business connections – one on one Networking meetings Meet new person –  

  

“What do you do?” “What are your biggest problems?”

Family – ask your kids: “Do you know what I do at work?” Interviews Everywhere THE LENGTH and CONTENT of your commercial Depends on your AUDIENCE James Hockenberry [email protected]

3

Commercial = More than 30 seconds of words 

Your commercial is your link to: assessment – do you have a personal mission statement?

 Personal

 Have you shown it to your wife? Your inner circle?  Professional

value statement  The definition of the Brand “YOU”  Resume  Your INTERVIEW preparation

James Hockenberry [email protected]

4

BRANDING – WHO ARE YOU? 



Defines your expertise / value Sets you apart  

   

What are you about? What you like / not like

How do you want to be remembered? What is your “TAG LINE?” What are your passions? Reputation or integrity?

James Hockenberry [email protected]

5

Branding – Questions to Ask Yourself  

  

   

Why me, not him? What are you all about? – your personal mission statement What makes you special / unique? What are you known for? What is your best “war story?” Outside of your basic function, how do people ask you to help them? What achievement are you most proud of? Why? Do you know your personality profile? Myers Briggs? If you were a product, what would you be?

James Hockenberry [email protected]

6

3 Goals of a commercial: 

Get people to understand your value proposition – what you do and how you can help them 



Different for every audience

REMEMBER YOU This person can help me  I know someone this person can help 



So they will RECOMMEND You James Hockenberry [email protected]

7

Key Elements to a Commercial - Marty Latman’s 3 “C”s

1) 2) 3)

Clear Concise Consistent The rule of 3s: a listener can only remember 3 points. Don’t use more.

• • •

Tell them what you’re going to tell them. Tell them. Tell them what you told them.

James Hockenberry [email protected]

8

PUT IT ALL TOGETHER - FLOWCHART

James Hockenberry [email protected]

9

CRAFTING YOUR COMMERICAL – 1ST STEPS 

Write down your deliverables 

Services you provide  How you add value 

Think in terms of benefits to them. Use successful outcomes you have generated

I’m in the business of _________ (problem solving, improving efficiency)  I’m recognized for ________ (tackling issues others don’t want to do, 

synthesizing data)



Create opening “Grabber” – make them want more 

Differentiate yourself:   



Ask question –  



Avon rep: “I help women look beautiful.” Coach: “I help people become more successful at their job” IRS agent: “I’m a government fund raiser.” “Can your margins be improved?” “Are you getting what you want from IT?”

PRACTICE James Hockenberry [email protected]

10

How Commercials Fail – Form       

Body language Negative Attitude Don’t say your name at beginning and END Failure to engage audience in 15 seconds Poor lead-in Ramble after you make your point Failure to call for action – target companies

James Hockenberry [email protected]

11

How Commercials Fail – Substance 1 

All about “Me” – 





Failure to define outcomes you deliver 





“I help companies _____ “

Failure to stake out your territory – what makes you special? 



You need to address needs of your listener How can I help you?

What’s your value proposition?

Failure to grab up front – what’s your WOW factor? Failure to use ACTION verbs 

I DO,  I HELP,

not I am: not I have:

eg: I solve …, not I’m a CPA eg: I improve cash flow, not I have 20 years of experience

James Hockenberry [email protected]

12

How Commercials Fail – Substance 2  Include useless information Matt’s “negative” rule  “SO WHAT?” 

I don’t care why you left your job or how many yrs of experience you have. You say that you are an excellent communicator – I hope so.

   

Not geared to your audience – did you do your research? Too general Who am I? Not what have I done. Where’s your HOOK? Ask a question:  “Hello, I’m Jim Hockenberry financial consultant. Did you know that 70% of all acquisitions fail to meet their objectives? If your company is in this situation, call me. I help companies recover from bad investments. Jim Hockenberry.”

James Hockenberry [email protected]

13

The 30 Second Commercial: The “WIFMe” Approach “WHAT’S IN IT FOR ME?” = It’s NOT about you 1. Know intimately: • Whom do you help? How? • What are you selling? • How do you make them better? • What is your passion? Does it come across? 2. Understand: • What is their biggest challenge? • What do they need? 3. Tell them: • What results you will provide • What problems you will solve >>>Do this by asking a question or stating a fact<<<<< “Are you satisfied that you get the right info you need? James Hockenberry [email protected]

14

The “WIFMe” Approach – RESULTS Format 

RESULTS FORMAT: I

Help Assist Provide

Target – whom you help

To achieve some result

Examples:  “I help people save money on taxes” (accountant)  “I assist cash constrained companies reduce operational costs  “I help companies develop the right software platforms

James Hockenberry [email protected]

15

The “WIFMe” Approach – CHALLENGES Format 

CHALLENGES FORMAT: Help

I

Assist Use Strong Verb

Who are Target – whom you help

(Use emotion) e.g. “Struggling” “Frustrated”

CHALLENGE: “Define how you Solve their problem

Examples:  I help people who are frustrated that they pay too much taxes (accountant)  I work with executives who are frustrated that they are losing productivity because of conflict (consultant)  I help companies who are performing poorly to define and realize their short term and strategic directions by designing their management reporting and scorecards (JLH)

James Hockenberry [email protected]

16

The “15 Second’ Commercial

- go to: www.15secondpitch.com 



Personal Attributes What do you do + how does it add value 





= Outcomes and deliverables such as  Better decision making  Improve operating results  Reduce risk  Optimize opportunities  Meet long term goals respecting short term constraints

*** Most people fail to state these

I did _______ to accomplish _________ JLH: “I led a financial reengineering team for Grace Europe’s $1 billion operation that reduced costs 20%.

James Hockenberry [email protected]

17

Suggested format – Lloyd Feinstein 2 Minute Speech From Lloyd Feinstein Career Marketing Consultants Career Forum – 7/98

Opening paragraph

Where business experience

2nd Paragraph

3rd Paragraph

4th Paragraph Last Paragraph

Short, flows easily. Catches listener's attention. Basis of your "elevator pitch" – your one liner Use name dropping and jargon (establish credibility) _________________________________________________________ Present an overview of what you have done and Cover functional areas of expertise and the Environment in which you achieved this _________________________________________________________ Job titles held and in what companies or organizations. (Depth) Also cover the results of the experience. i.e. an Understanding of ________. Talk about results. _________________________________________________________ Most recent position and specific accomplishments that would be of interest to your listener. Then briefly review key highlights from previous positions. __________________________________________________________ What next? What are you considering based on the above experience? __________________________________________________________ Your close. Include standards (ethics,etc) if any

James Hockenberry [email protected]

18

Miscellaneous thoughts  

  

  

Takes time for people to get to know you What goes around comes around Build relationships, not lists of names Know your audience / research before a meeting Always changing – be consistent Help others to help you. Make it easy for them – they want to help and get frustrated if they can’t Know what you are looking for Give more than you get

James Hockenberry [email protected]

19

My Three Points It’s not about you  Differentiate yourself  Prepare, prepare, prepare 

James Hockenberry [email protected]

20

WHAT CAN YOU DO FOR ME?

James Hockenberry [email protected]

21

2015-10-02 Jim Hockenberry Commercial More than Words.pdf ...

Page 2 of 21. James Hockenberry -. JLHockenberry@verizon.net 2. What are Commercials? What are they NOT? Call to action (target companies).

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