Sep
17
2008
Q & A, B, C with POP! Author Sam Horn
Posted in the Category of ROI
Note: this has been re-posted from the Inc. 5000 conference blog.
Why should someone do business with your company? What's your 30-second "tell and sell"? That's what author and communications consultant Sam Horn calls it and what she'll explain, step-by-step, in her presentation Friday Sept. 19 at the Inc. 5000 conference: POP!: Create the Perfect Pitch, Title and Tagline for Anything.
I spoke with Sam recently to get a preview of her session. What are some of the steps, I asked, to create that perfect elevator pitch. Her answers were intriguing - and practical.
"POP! (the title of her book) stands for Purposeful, Original and Pithy," she told me. What you're looking for is a memorable sound bite that elicits "that chuckle or bark of laughter when the eyebrows go up."
Sam, who is also the author of Tongue Fu! (the verbal form of Kung Fu), said it's particularly important for entrepreneurs in crowded markets to Pop! their business or brand. "The best way to corner a niche is to create a niche and the best way to create a niche is to coin your own word."
Step 1: The first thing you need to do is alphabetize your core words, Sam explained. You need to create a word or phrase that you can trademark, obtain the domain (unique URL) for and possibly even license and merchandize.
A quick example (there are dozens in her book): a bar in Alexandria, VA wanted to distinguish itself from every other watering hole. They had the idea of creating a happy hour for patrons with dogs. In other words, you could bring your dog with you. So... using the alphabet method, they went through every letter until they came up with (you guessed it): Yappy Hour.
Step 2: Don't repeat cliches, Sam advises, rearrange them. For example, she said, the motto of The Economist is Great Minds Like a Think (I don't see this on Economist.com but I love it.)
Go to www.clichesite.com for help, she advises. Identify your 10 to 20 core words and look for cliches that use those words. Keep going through the alphabet. (Hmmm... this sounds fun but hard. Probably best to do as a team with a couple of pizzas on hand and maybe some beer. That's my suggestion, not Sam's.)
Step 3: Test market the various versions of your brand name or slogan. "Watch people's eyebrows," Sam said. "If they knit or furrow, it means they don't get it." And if they can't repeat it, "they didn't get it and they won't remember it."
Step 4: Take a page from some recognizable brands and use alliteration. There's a reason, Sam said, that it's Bed, Bath and Beyond. And not Bed, Toilet and Shower. Best Buy and not Best Purchase. Circuit City and not Circuit Town.
Step 5: Consider attending Sam's session on Friday. However, it will be hard to choose. There are half a dozen other sessions during the 3:30 - 4:30 PM slot that sound excellent, including presentations by lifestyle celeb Tim Ferriss and Think Big guru Michael Port.
Stay tuned; more previews to come.
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Comments
Paul Sutherland said on October 23, 2008 at 03:44 AM
I’m new to blogging so please go easy on me for not knowing what to type in the location box above.
I wanted to comment just to see how it goes and because I loved this article, it rings so true.
Why? Recently my business partner Stephen Sutherland developed our elevator pitches for our products and business and they have made a massive impact when describing what we do to new clients.
For example
When people say what does ISACO do?
I reply, ISACO helps you to retire rich in just 3 minutes per day. How? By allowing you to shadow invest a high profile stock market investor. If he gets a 23% return so do you.
If the reply is how do you do that or tell me more? then this is a good sign