1) The pitch.
2) A reflection on the feedback
you received from your last pitch.
Some feedback that stood out to me was a comment on my video edit. I
edited the video for it to be more dynamic as I moved across points. I also
edited it to make sure it was exactly one minute. However, they did have a
point. When you’re talking to someone in an elevator about your product, you
can’t speed up your points or cut out the “blank” spaces. It keeps surprising
me how unfamiliar RFID’s are to some people. It has been around for fifty
years. I’m not sure if no one thinks about it, or if they are just unfamiliar
with the term. Another element of feedback I received that stood out to me was
its time frame. There are still checks out there, but they are very few. In the
future, I believe cash money will probably be the same.
3) What did you change, based on the feedback?
Based
on my feedback with elevator pitches, interviews, and idea napkins; I
completely reinvented my product. Its main focus is a universal need. We are
beginning to use the cloud technology for a lot of things. It’s a big part in
self-driving cars. People can customize this product based on who they are.
This can be the new alternative to a cell phone, but it’s on your wrist. I have
a feeling that this pitch is going to raise a lot of questions, however, I have
more information on my second idea napkin. As far as changing information goes
from feedback received, I changed the term RFID to electromagnetic waves. I
didn’t edit the video, however, I did add elevator music in the background. This
was a tough one, because I changed my whole concept. I did manage to get it
pretty close to a minute long.
Hey Britt,
ReplyDeleteYour idea is very interesting. It seems very complicated, but I know that some of the most complicated products are the most successful these days so this is probably a good thing for you. I thought that the elevator music in the background was a cool touch because I haven't heard that in any other pitches. It sounds like your product can do a lot of things which would make it very appealing to buyers. I think that you did a good job of describing your product in your pitch. Feel free to check out my blog post here: http://wsentrepreneurship.blogspot.com/2016/03/elevator-pitch-no-3.html
Hi Britt,
ReplyDeleteI think your product sounds really cool, even though it does sound very complicated. I think if you could make the terminology even more simpler it would make your pitch easier to understand, and also shorter. You sound enthusiastic about your product which really helps. I think the music in the background was a little distracting so maybe lower the volume a little next time. I think your video was well edited though, and it was enjoyable to watch. It was well done.
Check out my blog post if you want!
http://lilliegilmoreent3003.blogspot.com/2016/03/elevator-pitch-no-3.html
Hey Britt,
ReplyDeleteI like how you changed your idea to make it more universal. I can tell that you know a lot about this subject, but I think that you can improve your elevator pitch by trying to seem more confident in the subject, which just comes with practice of the pitch. Overall,I really liked your pitch. If you want, you can check mine out at http://tristansentblog.blogspot.com/2016/03/elevator-pitch-no-3.html