Expertise · Choosing the right type of document

A document or separate each version.

The answer is not to choose one of two, but to know when it is appropriate to separate and to do so correctly.

Quick summary

There is no single document that is optimized the same for all audiences. However, you do not need to rewrite from scratch for each group. A reasonable approach is to maintain a stable core narrative, then branch into tailored versions, each emphasizing the parts that group cares about most.

Quick comparison
You should choose this direction when
  • Limited resources and the audience is quite similar
  • groups with vastly different interests
  • maintain the core thread while branching out into a unique version
Not needed when.
  • make a versatile version for everyone
  • Separate too many uncontrolled versions.

This question frequently arises when a brand starts needing to engage with various groups: investors, distribution partners, end customers. You face the choice of consolidating into one document for convenience or separating into individual documents for precision. Both have their costs. The issue is not to choose one or the other but to know where you stand to make the right choice.

Why is there no document optimized for everyone?

Each group reads the document through a different lens. Investors look at market size, revenue models, and growth potential. Distribution partners focus on margins, collaboration conditions, and ease of sale. End customers consider their own problems and whether the product can solve them. These three groups reading the same document will each miss something different.

This does not mean that you need to rewrite everything three times from scratch. The changes between versions usually only involve the order of presentation, the depth of each item, and how the message is framed. The core elements, including the problem, solution, vision, and brand purpose, should remain stable throughout.

When to use a common version?

Use one version when you are in the early stages, resources are limited, and the groups of readers have similar interests. For example, if you are simultaneously approaching small partners in the same industry, a concise version will work. Or when it is unclear who the main audience is, a general version helps you gauge feedback before investing effort in creating separate versions.

Risks to anticipate: the versatile version is often written in a "safe for everyone" manner, meaning it does not deeply engage anyone. You will see readers nodding but not taking action, as the version does not address what they truly need to hear.

When to create a separate edition

Separate documents when groups have completely different interests, and their decisions carry different weight for you. A typical example: investors and end customers. These two groups rarely share any common ground in how they evaluate the materials. Using a single document, you might write too much about finances, confusing the customers, or focus too much on user experience, leaving investors unable to find the numbers they need.

Separating the documents makes sense when you have a team working with multiple clients simultaneously, and each person needs to access the correct version without needing to ask again.

A common version: saves initial effort, suitable when the group has similar reading habits or the target audience is not yet clear. Risk: diluted, not reaching the right people.

Many separate versions: More targeted for each group, suitable when the reading group has significantly different interests. Risks: management effort increases, and divergence is likely without a controlled master version.

How Sinh Vũ usually constructs

Sinh Vũ clearly defines the target audience before starting to write, as this is the foundation for all subsequent decisions. The typical approach of Sinh Vũ is to create a core narrative combined with a base template, then branch out into tailored versions for each group.

The master template should be a closed document, containing the most complete story. The tailored versions are copies that only adjust the order, depth, and framing, without altering the core message. Thanks to this structure, many team members can independently access and send the correct version while maintaining a consistent voice. You do not have to choose between targeting the audience and maintaining consistency; you can achieve both.

The story foundation remains stable, only changing the order, depth, and framing. Often, simply rearranging the blocks can yield better results without needing to rewrite.

Qubit Capital, Pitch Deck vs Investor Deck

Common errors to avoid

  • Creating a one-size-fits-all version and sending it to everyone without adjustments means none resonate with anyone.
  • Separating too many documents without control: each document tells a different story, causing the brand to contradict itself.
  • Altering the core message for different groups: investors see one vision, customers see another, and partners see yet another.
  • Without a master template, versions drift apart over time, especially when multiple people edit.
The tool brings back.

Decision checklist

Topic: A document for multiple audiences or separate versions for each? Sinh Vũ guide, sinhvu.com

0 more than 6 items

Select each item you find appropriate, then print or save as PDF to take with you.

Sign indicating that you should take action
Questions to answer before deciding

If you have marked most of the signs above, this is the time to discuss in more detail. Sinh Vũ can help you review and propose a direction.

References

6 Types of Pitch Decks and When You'll Need Them, Visible.vc; Pitch Deck vs Investor Deck, Qubit Capital; practical experience of Sinh Vũ Studio.

Frequently asked questions

If there is only one version, who should you prioritize writing for?

Prioritize the group that has the most important decisions for you at this stage: investors, partners, or end customers. It’s better to write effectively for one group than to write vaguely for all. If you need additional versions later, use that version as a base and adjust the framed parts, rather than rewriting everything.

How should the original template be stored and managed?

The master template should be a closed file, editable only by the brand manager. The tailored versions are copies that can adjust framing and order, but the core message must not be altered. Clearly state the update date and approver on each version to prevent them from drifting apart over time.

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