MIT has challenged students all over the world to give their best elevator pitch with the YouPitch Contest. This is the first year they've taken the elevator pitch competition to YouTube, requiring students to upload 60-second elevator pitches to compete to win $2000 and international glory. The winner was announced on Facebook, and will receive their award at the grand finale show on May 11 at MIT’s Kresge Auditorium.
So, what makes an elevator pitch good enough to win a contest—or for many of us, good enough to win business? First off, it should be conversational. It should clearly point out the need you are filling, the competitive solution you are offering, and how the solution will be carried out. And it should be short, sweet, and to the point. The student competition at MIT called for 60-second pitches. At Sandstorm Design, we do ours in 30… but maybe our elevators are just faster here in Chicago!
You never know what opportunities could be opened with the right pitch. Whether the challenge is a competition or a new client, this part of marketing is always fun and exciting. Learn more about our take on marketing strategy.
Check out our favorite marketing elevator pitches from MIT’s YouPitch contest: