DEFINITION of 'Twit Pitch'

A slang term used to describe an overview of a product or service that is short enough to fit in the character limitations of the social networking website Twitter. A twit pitch is a variation of an elevator pitch, but with the constraint being the 140 character limit imposed by Twitter instead of the time spent in an elevator.

BREAKING DOWN 'Twit Pitch'

The advent of new technology and the impact it has on modern business has made longer business proposals a thing of the past. Venture capitalists and executives who were forced to divvy up their limited time reading lengthy proposals may decide if a proposal warrants further reading by examining twit pitches for key words. This places more pressure on the person making the proposal, as he or she will have to explain a potentially complex topic in a small amount of space.

RELATED TERMS
  1. Escalator Pitch

    A slang term used to describe the quick delivery of a presentation ...
  2. Elevator Pitch

    A slang term used to describe a brief speech that outlines an ...
  3. Deal Flow

    The rate at which business proposals and investment pitches are ...
  4. Request For Proposal - RFP

    A type of bidding solicitation in which a company or organization ...
  5. Over-Selling

    This occurs when a salesperson continues their sales pitch after ...
  6. Social Networking

    The use of internet-based social media programs to make connections ...
Related Articles
  1. Managing Wealth

    How To Create a Winning Elevator Pitch

    Whether you are talking to potential investors, partners, customers or employees, the skill of being able to concisely summarize your business is critical.
  2. Small Business

    Twitter Increases Character Count (TWTR)

    Twitter increased its character count for tweets this morning.
  3. Managing Wealth

    4 Things to Know About Your Company To Make a Successful Pitch to Investors

    Learn how to make a successful pitch to investors. Regardless of your industry, size or market, there are some questions all investors need to have answered.
  4. Investing

    Is the Twitter Business Model Broken? (TWTR)

    Understand what Twitter is and how it seeks to increase its user base as well as its quarterly revenue. Learn whether its business model is broken.
  5. Managing Wealth

    Does a Bigger Twitter Following Translate to More Revenue?

    Learn how small business owners benefit from large numbers of followers on Twitter, and how those large Twitter followings translate into more revenue.
  6. Investing

    Twitter's Future: A Closer Look (TWTR)

    Twitter's underlying fundamentals show why the company will struggle to attract new users and monetize its product.
  7. Investing

    5 Ways to Make Money on Twitter (TWTR)

    Find out how people are making money online on Twitter, and get some ideas that can turn Twitter into a source of revenue for you or for your small business.
  8. Investing

    Twitter Stock: An Earnings Case Study (TWTR)

    Note how Twitter’s own messaging platform played a role in causing its April 2015 earnings disappointment, bringing sustained bearishness for this stock.
  9. Insights

    Is Twitter Doomed? (TWTR)

    Twitter has been reporting disappointing earnings for some quarters now. Is the stock doomed?
  10. Insights

    Twitter Stock Recovering From Downgrade (TWTR, FB)

    What can be said about Twitter in 140 characters that hasn't been said already?
RELATED FAQS
  1. What is an entrepreneur's elevator pitch?

    An important part of being an entrepreneur is pitching or making the case for the product, project or idea you intend to ... Read Answer >>
  2. What steps are necessary for a business to secure equity financing?

    Understand the steps necessary for a small business to secure equity financing for working capital, financing expansion or ... Read Answer >>
  3. How does Twitter (TWTR) make money?

    Learn how Twitter earns revenue, including the company's use of three targeted advertising streams and data farming and licensing. Read Answer >>
  4. What is the most important "C" in the Five Cs of Credit?

    Learn how the five C's of credit affect new credit application decisions, and understand how a lender analyzes each aspect ... Read Answer >>
  5. How do banks measure the Five Cs of Credit?

    Learn about the five C's of credit and what qualitative and quantitative methods banks use to measure them when evaluating ... Read Answer >>
  6. How do venture capitalist investors view sustainable growth in a startup?

    Discover how venture capital investors view sustainable growth in a startup. Venture capitalists look to identify startups ... Read Answer >>
Hot Definitions
  1. IRS Publication 970

    A document published by the Internal Revenue Service (IRS) that provides information on tax benefits available to students ...
  2. Federal Direct Loan Program

    A program that provides low-interest loans to postsecondary students and their parents. The William D. Ford Federal Direct ...
  3. Cash Flow

    The net amount of cash and cash-equivalents moving into and out of a business. Positive cash flow indicates that a company's ...
  4. PLUS Loan

    A low-cost student loan offered to parents of students currently enrolled in post-secondary education. With a PLUS Loan, ...
  5. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  6. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
Trading Center