Cooperathon 2019 · Design • Value Proposition ... value proposition The business model The...
Transcript of Cooperathon 2019 · Design • Value Proposition ... value proposition The business model The...
Cooperathon 2019Developing an effective pitch
October 26, 2019
5 min
Welcomeand launch
5 min
Presentationof the cheat sheet
for your pitch
10 min
Structure ofa good pitch
20 min
Dry runof your pitch
5 min
Conclusion
AgendaSupport for developing an effective pitch
Welcome and Launch YOU
ARE
HERE!
Structure of a good pitch
5 | Coopérathon. Développer un pitch efficace.
Bringing the elements together
Understand
• Empathy Map
Design
• Value Proposition
• Social Business Model Canvas
Build
• Prototype
• Validation Test
Pitch
• Key Message
• Cheat Sheet
6 | Cooperathon. Developing an effective pitch.
7 | Cooperathon. Developing an effective pitch.
Explanations
Key message
What’s often done
Teaser
What should be done
Explanations
Keymessage
GOAL
Structure of a good pitch
8 | Cooperathon. Developing an effective pitch.
Explanations
Keymessage
GOAL
Structure of a good pitch
Teaser
The Teaser
• The word “you” (everyone’s favourite subject!)
• A thought-provoking statistic
• A confession
• A question (“Have you ever…”)
• A visualization (“Picture yourself...”)
• A surprising statement
Hit the ground running. Start with…
9 | Cooperathon. Developing an effective pitch.
Teaser
Explanations
Keymessage
Structure of a good pitch
1. Needs
• What are the clients’ needs?
• What challenges do they face?
2. Offer• What are the key elements of your solution?
3. Benefits
• What are the tangible benefits of your offer?
4. Credibility• Why should they believe in you and
your solution?
The Key Message and your Goal
GOAL
10 | Cooperathon. Developing an effective pitch.
Teaser
Explanations
Keymessage
Structure of a good pitchThe Explanations
GOAL
Your Support Material
1. The Market
2. The Competitors
3. The Marketing plan
4. The Financial projections
5. The Financing
6. The Team
7. Other Critical Content
Cheat sheet for your pitch
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Key elements Description
The problem• Think of your story, and briefly explain how you identified the problem• Show your knowledge of your clients’ problems
The solutionand your value proposition
• The heart of the explanation of your product/service• How does your solution alleviate consumers’ problems? What are the main features?• Where are you along the development stage? What are the next steps?
The business model• Present the features of your model by focusing on how it stands out from the competition• Do you already have clients? A proof of concept?
The market• What is the estimated size of your market? What market share do you hope to obtain?• Are you targeting a specific segment? A specific region?• How did you validate your knowledge of the market? Show that you did your due diligence, that you know the trends
The competitors• On which points does your value proposition stand out from those of your competitors? • How will your competitors react once you go to market?
The marketing plan• Who are your partners? What are your points of sale? • What is your strategy to acquire clients? • What is your pricing strategy?
The financialprojections
• Represent your revenues and costs using a simple graph• Explain the logic behind your hypotheses and the facts that support them
The financing • What kind of financing is needed? How will the financing be used?
The team• Who are the team members and what are their roles? Why are they the right people? • Which team members are you missing?
Cheat Sheet to build your pitch
13 | Cooperathon. Developing an effective pitch.
Key elements Description
The problem
The solution and yourvalue proposition
The business model
The market
The competitors
The marketing plan
The financialprojections
The financing
The team
Cheat Sheet – To be completed
Dry run of your pitch
15 | Cooperathon. Developing an effective pitch.
Individually (5 min.)
1. Prepare your pitch using the cheat sheet
As a Team (2 participants – 10 min.)
1. Presenter: Do a dry run of your pitch to your partner. Limit yourself to 3 minutes.
2. Commentator: Play devil’s advocate by:
1. Taking an objective position, i.e., neitherfor nor against
2. Asking questions to debate on the various pointsof view and perceptions
3. Playing the role of a potential neutral investor, setting aside your personal views
Instructions
5 minutes
Individual
Team
Dry run of your pitchWorkshop
10 minutes
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ConclusionKey points to remember for your pitch
Emotional connection with your audience
Narration: Tell a story
Simplicity: No technical jargon
Confidence: Body language, tone of voice
THANK YOU!