Perception is Reality: Creating and Executing A Good Elevator 
Speech & Other Successful Marketing Techniques
 
April 23, 2003
Stamford, CT

One day, it will happen. You’ll be stuck in the elevator, in the line at the cafeteria, or on the way in from the parking lot, and you’ll be side-by-side with a senior executive. You’ll think “I wish I could tell her how our Library saved the company over $100,000 with that contract we put in place”, but you fumble for the words. You trip over your tongue, become red-faced with embarrassment, and sulk for the rest of the day.

Sound familiar? It’s happened to me more often than I care to remember. But I’m happy to report that I’ll never be in this situation again, thanks to Anne Caputo, Director of Factiva's Information Professional and Academic Programs. 

Following a wonderful reception and dinner, both hosted by Purdue Pharma LP and sponsored by Wiley and InfoCurrent, Anne led a lively, interactive session to help us prepare for opportunity’s knock., “It’s all about communication”, said Caputo. The goal is simple: Create a 30 second impression by delivering a brief, sincere and concise message, also known as an Elevator Talk.

Use an elevator talk to request approval to move forward on a project, obtain an appointment, even establish a relationship with an executive you’ve never met before. But don’t expect to do it on short notice. As Anne said, it’s a “seize the moment” opportunity, therefore preparation is crucial. Know what you want to say; even have a few speeches ready for different situations. This is your chance to promote your library, to make it known that your department is a valuable component of the organization.

An effective elevator talk has three simple elements: The Introduction, the Body, and the Close. The key is to convey what you do, whom you serve, and what resulting impact your actions have on the company in about 30 seconds.

 

Speaker Anne Caputo Wiley Publishers generously donated several books for our raffle.

For example, you find yourself waiting for the elevator with the Vice President of Medical Research, whose signature is the only one holding up a vital contract. Your Introduction, or attention getter, might be “The Library helps scientists discover viable drug candidates in non-traditional ways”.  Follow this with the Body, the clear and concise message you want to communicate – “right now, we’re looking at a database that runs 80% faster and contains information that is 95% more accurate than any resources we currently have. It means our searchers will have more time for more research support.” Finish with the Close, which is your suggestion for action – “The contract has been signed by everyone except you - can I bring it down this afternoon?” It took you less than a minute to get the person’s attention, convey your message, and close the deal.  

Remember, be prepared. Plan your speech and practice it on your friends and coworkers, so you’ll be ready when opportunity knocks.

Anne was kind enough to allow us to post her slides on our website.  If you missed this meeting, you can view her slides here.                              

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