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MNE2601 Assignment 4 PITCH (COMPLETE ANSWERS) Semester 2 2024 - DUE 24 October 2024
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MNE2601 Assignment 4 PITCH (COMPLETE ANSWERS) Semester 2 2024 - DUE 24 October
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MNE2601 Assignment 4 PITCH (COMPLETE ANSWERS) Semester 2 2024 - DUE 24 October 2024
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,MNE2601 Assignment 4 PITCH (COMPLETEANSWERS) Semester 2 2024 - DUE 24 October
2024; 100% TRUSTED Complete, trusted solutions
and explanations.
The purpose of a pitch is to tell your story in an organised way
that is understandable to your audience. You are required to
come up with a pitch for your innovative idea. Your idea needs
to be innovative. Refer to section 9.6.2.2 AND 9.6.2.3 of your
prescribed textbook and ensure that you have addressed each
of the points on what to do before and during the pitch.
Therefore, your answer should be in two parts: before the pitch
(how you prepare) and the actual pitch (your presentation).
Your presentation should be in the form of a PowerPoint
presentation (document converted to pdf) lasting no more than
10 minutes when presented orally (therefore you are required
to practise your pitch before submission).
To address this assignment effectively, I recommend following
these steps for your pitch. First, I will outline what you need to
do before the pitch (preparation phase), and then I'll detail the
structure of your actual pitch (presentation phase). After this,
I'll suggest an outline for the PowerPoint presentation and key
slides to include.
1. Before the Pitch: Preparation Phase
The preparation phase is crucial as it sets the foundation for
delivering a compelling pitch. According to sections 9.6.2.2 and
9.6.2.3 of your textbook, here are the steps you should take:
, 1. Define Your Idea Clearly:
o Outline your innovative idea, its uniqueness, and why
it is needed.
o Identify the problem your idea solves and the target
market or audience it serves.
2. Research and Validate Your Idea:
o Gather data and evidence that support the viability
and potential impact of your idea.
o Validate your idea through market research or small-
scale testing to demonstrate that it meets a real need.
3. Understand Your Audience:
o Determine who your audience is (investors, partners,
or customers) and what they care about.
o Tailor your pitch to align with their interests, values,
and concerns.
4. Prepare a Strong Value Proposition:
o Highlight the benefits of your idea, focusing on how it
adds value to your audience.
o Develop a concise value proposition statement that
communicates what sets your idea apart.
5. Practice and Refine Your Pitch:
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