How to Become "Pitch Perfect" and Avoid Investor Turn-Offs
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Transcript How to Become "Pitch Perfect" and Avoid Investor Turn-Offs
MARKETING WRITING WORKSHOP
FOR TECHNOLOGY TRANSFER
PROFESSIONALS
Live Webinar
May 15, 2013
GOAL OF TODAY’S WORKSHOP
Build your marketing skills and know-how
Make you a better marketing copywriter
Create promotions that gain the attention of:
- licensees
- partners
- investors
- entrepreneurs
PANEL OF EXPERTS
Margy Elliott, MPH, Marketing & Communications Manager
for Columbia Technology Ventures, manages CTV’s branding,
events, Fellows Program, web, and social media presence.
Nicole Nair, Senior Marketing Coordinator for the University
of Illinois at Urbana-Champaign Office of Technology
Management.
Nadim Shohdy, PhD, Business Venture Analyst for New York
University Office of Industrial Liaison.
WELCOME TOTAL ACCESS PASS ATTENDEES
Technology Transfer Tactics Distance Learning
Total Access Pass allows you to customize a
distance learning program for your staff and
faculty at a steeply discounted price with 4
convenient formats.
You can get details on our website at
www.technologytransfertactics.com and click
on Tech Transfer University on the left sidebar.
WORKSHOP OUTLINE
Marketing: What is the point?
Applying general marketing strategies to
marketing writing
Tips and strategies to get noticed
Questions
MARKETING: WHAT IS THE POINT?
Know your audience
Communicating the value of a technology to a
potential partner to consider procuring it
“The squeaky wheel gets the oil”
Trying to get a secondary meeting
It isn’t always about licensing (immediately)
Generate interest in your brand/office
APPLYING GENERAL MARKETING STRATEGIES
TO MARKETING WRITING
Outline:
Types
of marketing writing
Platforms for utilizing written content
Resources for generating content
TECHNOLOGY SUMMARY BASICS
Summaries are to pique the potential partner’s
interest to learn more
Selling solutions to problems is more critical
than selling the technology
Technology summaries are NOT scientific
abstracts
TECHNOLOGY SUMMARY BASICS (2)
Deciding which technologies to write
summaries for
Fundamental communications building block
Will be used in multiple ways
Pitching an invention vs pitching the inventor
Pros
& cons of including faculty information
TECHNOLOGY SUMMARY TIPS
Do
Write
for a broad audience
Follow up with more detailed information
Keep
the title brief and catchy
Be careful when using quantitative information about a
market or industry
Be aware of your university’s style preferences
Don’t
Assume
your readers are experts in the field
Use statistics that date
Cut & paste from the disclosure or patent application
TECHNOLOGY SUMMARY TIPS (2)
Balance between being too vague and too
detailed is essential (Goldilocks Rule)
Start with the problem and/or commercial
opportunity then describe your technology and
how it addresses such problem
COLUMBIA TECH BRIEF
COLUMBIA TECH BRIEF – ON WEB
All available Tech Briefs on
innovation.columbia.edu
PITCH PRESENTATIONS: LESS IS MORE
Level of detail must match the time and
audience
Only show key data figures
Importance of slide headlines to quickly sell
each slide’s take-home message
Know the technology well, anticipate questions
and concerns
PLATFORMS FOR UTILIZING WRITTEN CONTENT
Web pages
Technology listings
Press releases
E-mail blasts
Slide decks
Blogs
WRITING FOR YOUR WEBSITE
Multiple audiences
Relaxed tone allows some freedom
Opportunity to showcase your office’s activities
Press
releases
Commercialization initiatives
Other licensing/commercialization stories
Event & tradeshow recaps
Honors, awards & promotions
Start-up successes
EXAMPLES
EXAMPLES (2)
TIPS FOR EFFECTIVE WEB CONTENT
Implementing Search Engine Optimization
strategies
Tracking metrics
Engaging users
Connecting your content through various
platforms: web technology listings, social
media, etc.
EMAILING SUMMARIES
Know your target: Is this an opportunity in-line
with the potential partner’s business model
and interests?
Carrot dangling: Hint in general terms about
any confidential data that makes the project
more attractive
EMAILING SUMMARIES: EXAMPLE
Dear Mr. Gardner,
I am writing you on behalf of New York University's Office of Industrial Liaison regarding
a partnership opportunity for PharmaCo’s oncology program. Dr. Alicia Smith in the Dept.
of Cell Biology has identified novel secreted factors that in both ex vivo and in
vivo models are critical for colon cancer progression. I have taken the liberty of attaching
a non-confidential packet containing a 1-page summary of the project and a published
paper. We also have newer, confidential data on the mechanism of action of the factors
described in the paper.
This may be an excellent opportunity for a partnership given PharmaCo’s interest in the
colon cancer space. Please let me know if this is of interest for a potential collaboration
discussion and if you need any further information.
Best Regards,
Nadim Shohdy, PhD
WRITING FOR A CAMPUS AUDIENCE
Informational pieces for faculty & students
have their own set of considerations
Finding
the right tone & level of detail
Pair a strong writer with a subject expert
Layout considerations for text-heavy brochures
EXAMPLES
SHOULD STUDENTS WRITE YOUR COPY?
Different approaches at UIUC over 10 years
Currently,
commercialization analysts write tech
summaries, communications interns write other
marketing copy
Columbia Technology Ventures’ Fellows
Program
Team
of graduate students write technology
assessments, tech briefs, and prepare web and
email marketing materials
TO PRINT OR NOT TO PRINT
Value of printed material in a digital age
Marketing basics still apply: know your
audience, and focus on quality
Make all print materials easily translatable to
the web (web newsletters, web annual reports,
etc.)
QUESTIONS?
Utilize the public chat
at the bottom left of your screen to submit your
question. The panel will address them in the
order they are received.
Thank You!