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Reflection on feedback:
- - Important: Videos are essential for beginners. Facts and statistics prove credibility.
- - Wrong or silly: N/A
- - Useful and insightful: Keep the anecdote. Dress correctly for the product you are pitching (e.g. athletic wear for gym products, overalls for farmers, etc.). Try to relax more when speaking.
What I changed:
- - Changed the anecdote to make it more succinct and gave a longer pause.
- - Re-worded and re-organized many things to be shorter so that there would be less words which means I could speak slower and add more pauses.
- - Added prices.
- - Changed first statistic from 1 out of 5 do to 4 out of 5 don’t for more impact. Changed second statistics from more than 80% to 8 out of 10 for simplicity.
- - Switched “plyometric” to plyo, as many similar products simply use plyo. Decided to go with it to be more succinct, and perhaps people recognzie “plyo” from other products more than plyometric which sounds more scientific.
- - Used a visual prop to further demonstrate issue of cluttered apparatus.
When I was searching for prices, I
found a somewhat similar product to my vision. Seems to be new, maybe that’s
why it’s $400. Perhaps they value the wheels, steel construction, hinges, etc.
as high-value. It’s good to get a new perspective from a similar product! https://www.gopherperformance.com/saq/plyometrics/varistore-plyo-box?item=162712&gclid=CjwKCAjw9L_tBRBXEiwAOWVVCZuJSqVOjYLvfFCAzOk6rg2BvhuZBsp5fnlONDf8lbzmbGyLseJyVBoCwYUQAvD_BwE
Hey man,
ReplyDeleteI think your idea is going to be hugely successful - innovation in the fitness industry is a market with very high potential. I especially believe that your jump-box idea is worth developing - I do not think a similar product exists right now. The subscription based service sounds exciting, but there are many many companies that already compete in that platform, and youtube is still what most people use for any fitness related content.
Good luck!
Hey Angel!
ReplyDeleteIncredible pitch! I loved the use of props and your overall passion for your venture. Regarding recommendations, I would recommend placing the camera a little higher so that you can accurately capture your message. Also, I would recommend not turning your body from left to right when changing topics. This might work when you are talking with someone, but in this environment it served more as a distraction. Also, I love the hand gestures, but would recommend taking a more relaxed approach - although this could be a result of the camera being too low.
Overall, I really liked the pitch.
Best,
Matthew Mrnacaj
Hey Angel,
ReplyDeleteI really enjoyed your pitch meeting started with describing the problem your trying to solve, before revealing the product your trying pitch. I feel the way you give statistic is easy to understand. I like for the four out of five statistic you used your hand to along with your voice to emphasis that statistic. For an improvement on that aspect I would do the same hand motion for the 8/10 statistic, as you didn’t used your hand for that one. I am bit mixed on the athletic shirt, as I find it good at showing the type of product your trying to sell. But at the same time, since pitch meeting are formal business occasion. I do not know if count as inappropriate outfit for those type of event. Still if pitch were to transfer into commercial for regular people to judge the idea, I would be hundred percent onboard on using that athletic shirt to help you convey the idea behind your product. I feel your pacing is fine, you slow down a bit near the end when explaining the subscription option. But I feel like for pitch meeting which are made to be done live than those kinds of minor mistake would not affect it much. But it something one could improve on, if you want to perfectionist about doing a pitch.