Question

The name is my business is Diamond Drinks and Beverages (DDB), we specialize in non-alcoholic drinks and teas in a variety of flavors. Our signature item is a non-alcoholic pink champagne.. Use the information to answer the following questions:

1.Develop an elevator pitch for your NAB business using the tips provided below.

Think of Your Elevator Pitch in 3 Parts

PART 1- Who are you? This is the easiest part of the elevator pitch. Simply state your name. Speak with a confident tone and set an appropriate volume for your audience and environment.

PART 2– What do you do? This step is trickier because it may be challenging to pinpoint just one thing you do well. A recommendation as to how you can identify and articulate this point is to, first, make a list of your skills, accomplishments, and work experience. Then, begin consolidating your list by combining tasks and choosing the best descriptors for your broad range of talents. Put these concepts into statements that adequately represent what you do and who you are. When doing this, it is important to find a balance between general and specific.

PART 3- What do you want? The final part of your pitch involves describing what you offer a business. Your elevator speech is convincing when it concludes with how you have the potential to advance a business relationship.

Use quotation marks for the elevator speech.

2. Explain the rationale for its components.

Answer 1

1.

“Hi my name is John Smith, and I am the founder of Diamond Drinks and Beverages. Our organization makes socially responsible drinks that are tasty, healthy and ideal for social gatherings. It comes in variety of flavors and in fact our signature item is a non-alcoholic champagne called Parchamp. I come from a background in FMCG industry and since we started our business 2 years ago, our growth has been phenomenal. We have grown over 10% month on month over the last 2 years. Even though our team is small with only 50 employees we are extremely efficient and use modern technology to leverage all possible business opportunities. The reason I am telling you these is because we are currently looking to expand our business in other states and are actively looking for investors. If you are interested we can promise you an opportunity to be part of the next big thing in the beverages industry in USA. If you are interested, we should catch up and discuss more on the numbers. My email ID and phone numbers are in this visiting card”

2.

The pitch begins with simple introduction about the person and the company. Then it immediately introduces the types of products and the reason why the person is capable. Next the pitch demonstrates the success trajectory of the business and how it has achieved its numbers. Finally the pitch gets into a transactional pitch where it promises a good return based on investment opportunity.