Mastering the Elevator Pitch
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Questions and Answers

What is included in a pitch for a business?

  • Name, description, problem, customer, value proposition, and cost (correct)
  • Name, description, problem, solution, target market, and price
  • Title, explanation, challenge, potential customers, added value, and pricing
  • Name, description, issue, target audience, benefits, and expenses

What is the purpose of an elevator pitch?

  • To negotiate funding with venture capitalists
  • To provide a detailed business plan to potential investors
  • To describe the product and its consumer benefits in a brief time (correct)
  • To analyze market trends and consumer behavior

What is the first step in making a business pitch?

  • Explain the product's features
  • Capture the audience’s attention
  • Present the target consumer
  • Introduce the business name (correct)

What is the focus of capturing the audience’s attention in a business pitch?

<p>Highlighting the uniqueness of the product or service (B)</p> Signup and view all the answers

What is the key element of the value proposition in a business pitch?

<p>Benefits to the target consumer/customer segment (A)</p> Signup and view all the answers

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