Love in an Elevator starts off with the band walking up to a department store elevator, and an attractive female Brandi Brandt (wife of Mötley Crüe's Nikki Sixx) says "2nd floor...hardware, children's wear, lady's lingerie. Oh, good morning Mr. Tyler, going down?" Steven Tyler enters the elevator and the song starts.
The video flashes back and forth between the band performing live and scenes from the department store. The scenes in the department store and elevator include Brad Whitford being hypnotized by fake department store models turning into real ones when he's not looking, Joey Kramer dressed up like a woman, Joe Perry and his wife (both topless) kissing in the elevator, Steven Tyler kissing the female department store clerk, and Tom Hamilton playing his bass grooves, in addition to the odd performances of other random characters, including a butcher, a fat lady, midgets, the Tin Man and Dorothy Gale from The Wizard of Oz, and a male model. At the end of the song, all the band members gather around the microphone to sing "Love in an Elevator...lovin' it up when I'm going down". And then it flashes back to a scene in which the elevator doors close.