What is an elevator pitch?

Prepare for the STR Representative Exam. Study with our comprehensive materials featuring flashcards and detailed question explanations. Ace your test with confidence!

An elevator pitch is defined as a brief, persuasive summary of an idea or product. The term originates from the idea that you should be able to explain your proposal or product in the time it takes to ride an elevator, usually around 30 seconds to two minutes. The purpose of an elevator pitch is to quickly engage the listener’s interest and provide them with a clear understanding of what you are offering.

In practice, a successful elevator pitch should capture the essence of what makes the idea or product unique and valuable, allowing for further dialogue or interest from the listener. This concise approach is ideal for networking opportunities, investor meetings, or any situation where a quick yet impactful introduction is necessary.

The other options presented do not align with this definition. Lengthy presentations and formal business proposals are too detailed and time-consuming for an elevator pitch, while a telemarketing script typically focuses on a sales-oriented dialogue rather than a succinct persuasive summary.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy