Year 12 Business Management & Enterprise
EVELVATOR PITCH
What is an elevator pitch?
Imagine the following scenario:
You’ve just bumped into a former client at the airport. After exchanging pleasantries, he asks you what your new company does. You open your mouth, and then pause. Where on earth do you start? Then, as you try to organize your thoughts, his flight is called, and he’s on his way. If you’d been better prepared, you’re sure that he’d have stayed long enough to schedule a meeting. This is one situation where it helps to have an “elevator pitch.”
What is an elevator pitch?
An elevator pitch is a brief, persuasive speech that you use to spark interest in what your organization does. You can also use them to create interest in a project, idea, or product – or in yourself. A good elevator pitch should last no longer than a short elevator ride of about 30 to 60 seconds, hence the name. They should be interesting, memorable, and succinct. They also need to explain what makes you – or your idea unique.
When to use an Elevator Pitch
Some people think that this kind of thing is only useful for salespeople who need to pitch their products and services. But you can also use them in other situations. For example, you can use one to introduce your organization to potential clients or customers. You could use them in your organization to sell a new idea to your CEO, or to seek investor interest. You can even craft one to tell people what you do for a living.
(Wyoming Department of Education, 2014).
Suggested Elevator Pitch Format
1. Introduce yourself/ company and pose a question
Pose question: Do you know how…? Have you ever…?
Identify the problem or need that your product/ service will solve
2. Present your product/ service and solution
Describe your product/ service that makes you unique
Explain the benefits of your product/ service to your target market (i.e. what’s in it for them? How will it make them feel?)
3. Call to action/ closing tag line
What do you want to the listener to do?
Make it memorable
Elevator Pitch Examples
Elevator pitch to attract investors
See how they present the problem, then the solution and what they are asking for.
Elevator pitch to attract buyers
Are you tired of tripping and falling in crowded rooms of people, and being embarrassed? If so, then NEOstring is for you! It is an innovative shoelace with magnets entwined to keep your shoelaces tied…It’s available in hundreds of color combinations to better go with your outfits. It’s not only for athletes, but can be used while running, walking or jumping. It’s available for all age groups, and even those with special needs. It’s price competitive. Don’t’ let ordinary shoestrings trip you up. Get NEOstring!
(Wharton High School, n.d.)
Your Turn
Your teacher will now lead you through the following activity:
In pairs, create a 30 second elevator pitch to persuade an audience to invest in or buy a product/service that will be a solution to a problem.
Use the worksheet provided to:
-
- Brainstorm ideas – problems, solutions, target market
- Script your elevator pitch
You will then have time to rehearse and present to the class.
A prize for the best pitch will be given!

(Elevator pitch cartoon, n.d.)
Wider Reading & Viewing
References
Bly, R.W. (2015, November 10). The 3-Part Elevator Pitch Formula You Need to Know. Entrepreneur Asia Pacific. Retrieved from https://www.entrepreneur.com/article/251683
Elevator pitch. (n.d.). Retrieved from http://yparhub.berkeley.edu/take-action-lesson/elevator-pitch/
Elevator pitch cartoon. (n.d.). Retrieved from https://www.saxonsit.com.au/blog/small-business/perfecting-elevator-pitch-small-business/
Elevator pitch infographic. (n.d.). Retrieved from https://www.cydcor.com/blog/2019/02/craft-your-best-elevator-pitch/
Knowledge@Wharton High School. (n.d.). You Have 60 Seconds to Make Your Elevator Pitch. Go! Retrieved from https://kwhs.wharton.upenn.edu/2014/11/60-second-elevator-pitch/
Wyoming Department of Education. (2014). Crafting an elevator pitch. Retrieved from https://1ddlxtt2jowkvs672myo6z14-wpengine.netdna-ssl.com/wp-content/uploads/2017/01/Crafting-an-Elevator-Pitch-Activity.pdf



