Term
Elevator Pitch (ˈɛl.ɪ.veɪ.tə pɪtʃ)
Definition
An elevator pitch is a brief, persuasive speech that introduces a business or service. It usually lasts no more than a minute and aims to interest potential clients or investors.
Where you’ll find it
In Business, elevator pitches are especially useful during networking events, business meetings, and investor presentations. They are not specific to any templates, plans, or versions but are a universal tool for marketing across various platforms.
Common use cases
- Quickly introducing your business to potential clients or partners at networking events
- Providing a concise company overview during investor meetings
- Capturing attention in the initial stages of a sales or job interview
Things to watch out for
- Including too much information can make your pitch confusing and less effective
- Over-rehearsing may make your speech sound robotic; keep it natural
- Ensure that your pitch matches the audience and situation; a generic pitch can seem impersonal
Related terms
- Unique Selling Proposition (USP)
- Networking
- Marketing Strategy
- Client Engagement
- Pitch Deck