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Cam Dufour Marketing Consultant Candice Korecki Marketing Consultant 2013 REBRAND ENACTUS

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Page 1: Dufour Korecki Enactus Rebrand 2013 · Cam$Dufour$ Marketing!Consultant! Candice$Korecki$ Marketing!Consultant!!!!! 2013! REBRAND$ENACTUS$

   

     

Cam  Dufour  Marketing  Consultant  

Candice  Korecki  Marketing  Consultant  

       

 

2013  REBRAND  ENACTUS    

Page 2: Dufour Korecki Enactus Rebrand 2013 · Cam$Dufour$ Marketing!Consultant! Candice$Korecki$ Marketing!Consultant!!!!! 2013! REBRAND$ENACTUS$

2013   REBRAND  ENACTUS  Dufour    /    Korecki     page  2  

       

   

Executive  Summary  

The  overall  objective   for   this   report   is   to  discuss  how  to  successfully  generate  awareness   for  a  new  brand,  which  will  be  launched   for   the  upcoming  2013-­‐14  academic  year.  SIFE  will  no   longer  be  affiliated  with  Nipissing  University  due   to   the  legislation  regarding  copyright  issues,  and  the  organization  will  now  be  initiated  under  the  new  brand  name,  Enactus.  

The  highlights  of  this  report  will   include  a  comparison  of  organizational  strategies  between  the  original  brand,  SIFE,  and  the   new   brand   Enactus.   Generating   awareness   for   the   Enactus   brand   is   the   sole   objective   of   all   the   recommended  strategies,   but   the   key   objectives   include:   increasing   student   members,   promoting   the   credibility   of   the   program,  educating  the  various  audiences  of  the  brand,  and  increasing  program  funding  through  grants  and  sponsorships.  

Information   was   gathered   through   various   faculty   and   staff   members   of   Nipissing   University,   as   well   as   influential  organizations   in   the   community   of   North   Bay.   The   current   strategy   for   the   SIFE/Enactus   brand   lacks   the   promotional  awareness   for   increasing   membership,   which   is   the   focus   of   the   recommendations   provided.   In   order   to   meet   the  objectives  of  the  new  brand,  the  recommendations  emphasize  the  need  for  promotional  efforts  to  improve  brand  equity.  

The  strategies  recommended  for  the  Enactus  brand  involve  communicating  to  targeted  audiences  through  a  mass  e-­‐mail  strategy,  which  will  engage  the  immediate  audience  of  the  university.  Applying  for  the  Ontario  Trillium  Foundation  grant  will   aid   reinforce   the   limited   financial   resources   of   the   Enactus   brand,   and   will   help   alleviate   the   financial   tension   the  program  has  towards  its  projects.  The  purchasing  of  promotional  products  will  provide  brand  awareness  in  a  tangible  form  for  the  Enactus  brand,  specifically  through  the  use  of  frosh-­‐kits.  

Partnerships  are  a  key  consideration  for  the  re-­‐branding  recommendations,  and  three  key  members  pose  the  best  possible  

fit  with   Enactus:  Greening  Nipissing,  North  Bay  &  District   Chamber   of   Commerce,   and   the   iLead   program   through   the  School  of  Business.  

The  new  Enactus  brand  will  be  introduced  in  the  upcoming  academic  year,  and  the  previous  brand  SIFE  will  no  longer  be  affiliated  with  Nipissing  University.  Since  SIFE  was  only  present  on  campus  for  one  year,  the  brand  had  little  ties  between  the  university  and  the  community.  This  provides  Enactus  smooth  transition  between  for  all  associated  members  and  the  target   audiences   of   the   brand.  Because   of   its   introduction,   the  Enactus   brand  has   little   to   no  brand   equity   at  Nipissing  University.  

The   recommendations   provided   will   help   to   improve   the   equity   of   the   Enactus   brand   on-­‐campus   as   well   as   in   the  community.  Through  effective  promotions,  the  Enactus  brand  will  ultimately  create  brand  awareness,  the  overall  goal  of  the  re-­‐branding  efforts.  

 

 

 

 

 

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2013   REBRAND  ENACTUS  Dufour    /    Korecki     page  3  

       

   

Objectives  and  Marketing  Challenge  

The   Enactus   organization,   formally   known   as   Students   in   Free   Enterprise,   is   currently   undergoing   a   rebranding   effort  because  of  copyright  issues  at  the  global  level.  The  local  Enactus  program,  offered  at  Nipissing  University  is  faced  with  a  similar  rebranding  issue,  but  the  program  must  also  generate  awareness  to  the  university  community  and  the  City  of  North  Bay.  

In   the   fall  of  2011,  SIFE  was   the   initial  program  that  provided   students  at   the  university  with   the  opportunity   to   create,  develop  and  implement  projects  that  focused  on  sustainability  and  entrepreneurial  efforts.  In  the  upcoming  2013  academic  year,  the  program  will  no  longer  be  recognized  under  the  SIFE  brand  name,  but  will  become  the  Enactus  initiative.  

A  strategic  plan  needs  to  be  developed  for  the  new  Enactus  brand.  This  plan  will  help  transfer  the  brand  equity,  awareness  and   promotional   efforts   of   the   original   SIFE   brand   to   the   new,   refreshed   Enactus   brand.   A   key   advantage   to   this  rebranding  plan   is   that   the  SIFE  at  Nipissing  University  was  quite   young,   so   the  program  was  not  heavily   rooted   in   the  institution.  This  crucial  fact  will  make  the  transformation  process  to  the  Enactus  brand  easier  for  our  intended  audience.  

The   Enactus   Nipissing   program   is   self-­‐funded,   with   a   small   portion   of   its   revenue   generated   through   on-­‐campus  fundraising  and  a  key  sponsor,  Enterprise  Holdings.  The  program  has  completed  two  successful  fundraising  events,  Pooks  n’  Tooks  and   the  Bobble  campaign.  Both   fundraising  efforts  have  helped  provide   funds   for   the   incurred   travel  expenses  and  promotional  costs  for  the  program.  Ilir  Kuqi,  the  Regional  Manager  of  Enterprise  Holdings,  is  an  alumni  Enactus/SIFE  member,  and  recently  donated  $2,500  to  the  efforts  of  the  Enactus  Nipissing  project  program.  Although  these  donations  and   fundraisers   have   helped   Enactus   Nipissing,   the   program   requires   continued   funding   as   well   as   new   financial  

opportunities  for  the  continued  success  of  their  projects.  

Another  major  challenge   the  Enactus  Nipissing  program  faces   is   the  membership  and   recruitment  efforts.  The   initiative  has  no  formal  membership  process,  and  relies  on  word-­‐of-­‐mouth  promotions  about  their  projects  and  upcoming  events.  The  issue  with  Enactus  memberships  is  that  students  attend  the  university  for  roughly  four  years;  therefore  active  student  memberships  are  not  concrete.  A  key  consideration  for  Enactus  recruitment   is   to   focus  on  attracting  first  year,  business  student   so   that   these   individuals   have   the   opportunity   to   work   on   projects   for   the   duration   of   their   university   career.  However,   the   Enactus   Nipissing   program   also   needs   to   focus   on   retaining   upper   year   students   in   business,   as   well   as  targeting  its  recruitment  efforts  to  upper  year  students  in  other  disciplines,  specifically  environmental  studies.  

Based   on   the   understanding   of   the   Enactus   Nipissing   brand,   the   objectives   discussed   below   will   help   to   generate  awareness  and  addressing  the  challenges  of  the  program.  

1.  Increase  Enactus  Nipissing  membership  

To  meet  this  objective,  the  program  must  focus  on  attracting  first-­‐year  business  students  to  the  program  by  promoting  its  social  aspect:  networking  opportunities,  experience  and  a  potential  resume  builder.  Currently,  the  program  holds  a  dozen  members  with  one  faculty  mentor.  For  the  upcoming  academic  year,  the  program  should  focus  on  recruiting  at   least  six  new  business  students,  which  is  a  50%  increase  from  its  current  membership  status.    

2.  Recruit  Nipissing  students  from  the  environmental  studies  field  

The   Enactus   program   has   its   foundation   in   the   School   of   Business,   which   promotes   the   entrepreneurial   efforts   of   the  program.   However,   understanding   that   Enactus   is   not   solely   focused   on   business,   targeting   upper-­‐year   students   in  environmental   studies   will   benefit   the   sustainable   and   environmental   aspect   of   the   program,   based   on   the   students’  knowledge.  The  total  upper-­‐year  student  enrollment  for  this  field  is  currently  245,  which  encompasses  both  full-­‐time  and  

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part-­‐time  students  from  second  to  fifth  year  of  studies.  Targeting  a  small  percentage  (8%)  of  the  environmental  studies  program   is   realistic   since   not   all   students   targeted  will   become   active  members.   Targeting   this   segment   also   faces   the  challenge  of  overcoming  an  awareness  barrier  to  the  brand.  

3.  Promote  the  credibility  of  the  Enactus  Nipissing  program  

In  2011,  the  program  competed  in  the  Enactus  National  Championship  of  Canada  to  receive  the  Rookie  of  the  Year  title  for  their  Back   to   the  Taps  campaign.  The  program  can  use   this   feature  as   leverage   to  promote   its   credibility  on-­‐campus   to  students.  To  gain  more  notice   in  the  City  of  North  Bay,  Enactus  should  focus  on  becoming  nominated  for   local  business  awards,  partnering  with  local  organizations,  and  becoming  involved  in  community  events.  

4.  Inform  the  university  community  about  the  Enactus  program  

The  SIFE  brand  was   introduced   to  Nipissing  University   in   2011.   Since   the   rebranding  of   the   program,   a  majority   of   the  university   community   has   become   confused   about   the   overall   brand.   There   is   a   high   amount   of   uncertainty   about   the  program,  its  new  Enactus  brand  name,  and  the  reason  for  the  brand  change.  The  community  of  Nipissing  University,  which  includes   students,   faculty   and   administrative   staff,   need   to   be   educated   in   regards   to   the   altered   brand   name   and   the  purpose  of  the  initiative.  

5.  Increase  overall  funding  for  the  Enactus  program  

The   Enactus   program   is   self-­‐funded   and   its   revenue   relies   on   fundraising   efforts   and   donations.   Understanding   that  financial  resources  are  key  elements  of  marketing  and  the  operations  of  a  business,  even  non-­‐profits,  Enactus  must  focus  on  obtaining  additional  funding  through  sponsorships  and  government  grants.  

 

 

 

 

 

 

 

 

 

 

 

 

 

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2013   REBRAND  ENACTUS  Dufour    /    Korecki     page  5  

       

   

Strategy  Audit  The  Enactus  Company  

The  Enactus  Nipissing  program  is  a  non-­‐profit  organization  that  attracts  business  students   from  the  university  to  create  and   implement   projects   into   the   local   community.   This   voluntary   program   offers   students   the   opportunity   to   gain  leadership  skills  and  experiences  through  these  entrepreneurial  initiatives  while  also  allowing  students  to  give  back  to  the  community  of  North  Bay.  

Currently   the   Enactus   program   consists   of   a   dozen   business   students,   in   varying   years   of   study,   with   a   single   faculty  mentor.  These   individuals  offer  the  program  with  the  core  fundamentals  of  a  business   including  operations,  technology,  financing,  marketing,  and  communications.  Although  this  organization  is  small-­‐staffed,  Enactus  Nipissing  did  receive  the  title  of  Rookie  of  the  Year  in  the  National  Enactus  Championships  (2011-­‐12),  proving  that  this  small  organization  made  a  noble  impression  for  themselves  as  well  as  Nipissing  University.  

Being  that  Enactus  is  a  non-­‐profit,  voluntary  program  offered  to  students  at  Nipissing  University,  the  organization  is  self-­‐funded.   Fundraising   and   donations   are   the   only   means   of   revenue   for   the   organization,   which   they   rely   on   for   their  promotional  and  operational  efforts.  

In  the  last  academic  year,  the  SIFE  brand  completed  two  major  fundraising  events:  

a. The  Water  Bobble  campaign  

At  the  end  of  January  2012,  the  SIFE  organization  unveiled  their  Think  Green:  Back  to  the  Tap  project,  which  was  designed   to   raise   awareness   about   the  environmental   cost  of  bottled  water.  The  program  sold  Water  Bobbles,  

which   were   stylish   reusable   bottles   that   purify   water   by   using   a   carbon   filter.   These  Water   Bobbles   have   the  capacity  to  replace  300  bottles  of  water  with  one  filter.  The  purpose  of  this  fundraiser  was  to  raise  awareness  for  the  Back  to  the  Tap  project,  as  well  as  generate  enough  funds  to  sponsor  a  water  refilling  station  on-­‐campus.  

b. The  “Get  Your  POOK  On”  campaign  

In  November  2011,  SIFE  under  the  leadership  of  Dianne  Davis,  Nipissing  faculty  member,  created  the  program’s  first  fundraising  initiative,  which  was  the  selling  of  POOK  products  on-­‐campus  at  Nipissing  University.  The  POOK  products,   (toques,  scarves,  mittens),  are  made  from  traditional  work  socks  and  were  a   featured  product   line  on  Dragon’s  Den  Canada.  Half  of  the  money  raised  through  this  fundraiser  was  put  towards  purchasing  winter  wear  for   community   members   in   need,   and   the   remaining   funds   were   retained   to   cover   expenses   of   the   program  (including  transportation,  accommodations  and  start-­‐up  costs).  

The   previous   brand,   SIFE,   had   a   minimal   connection   to   the   university,   which   allows   the   transition   to   the   new   brand,  Enactus,  easier   for   the  program’s  audience.  Through   the   rebranding  efforts,   the  Enactus  program  must  ensure   that   the  brand  equity  created  in  SIFE  is  transferred  to  the  new  brand.  

Customers  of  Enactus  

The  Enactus  program  places  a  high  value  on   its   community   involvement  efforts,  and  continuously  drives   its   students   to  create  innovate  ideas  to  improve  the  quality  of  life  for  people  in  these  communities.  The  community  involvement  aspect  of  the  brand  is  a  key  element  for  the  rebranding  strategy.  

The  North  Bay  community  and  Nipissing  University  have  a  strong  relationship  in  regards  to  social  interactions:  both  parties  use   the   resources   of   one   another.   Nipissing   University   offers   organizations   the   opportunity   to   use   boardrooms,  

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gymnasium  facilities  and  other  resources  for  their  use;  whereas  the  community  of  North  Bay  offers  students  and  staff  of  the  university,  the  chance  to  become  involved  in  festivals,  sporting  events  and  charities  throughout  the  year.  Both  parties  foster  the  concept  of  giving  back  to  the  people  who  aid  in  their  success.  

Each  year  at  Nipissing  University,  students  engage  in  various  clubs  and  organizations  to  network  with  other  students,  gain  

experiences  and  for  their  personal  pleasure.  Students  become  involved  in  these  groups  in  order  to  enhance  their  academic  resume.  Most  clubs  at  Nipissing  are  organized  by  students  and  are  based  on  personal  topics  of  interest,  however,  Enactus  provides  students  with  all  of  these  benefits,  as  well  as  improving  the  prospects  for  employment.  

Direct  Competition  to  Enactus  

The  direct  competition  that  the  Enactus  program  faces,  resides  solely  on  the  Nipissing  University  campus.  The  competition  offers   a   wide   range   of   benefits   to   students   attending   the   university,   including   active   lifestyles,   competitions,   event  planning  or  developing  projects.  

The  competitor  that  poses  the  most  threat  to  Enactus  is  the  iLead  program  offered  through  the  School  of  Business.  The  iLead   program   allows   students   to   create   and   develop   projects   locally   as   well   as   internationally.   Although   similar   to  Enactus,  the  iLead  program  provides  its  students  the  opportunity  to  earn  credits  towards  their  degree  for  their  academic  efforts.  This  can  include  a  directed  study,  honours  thesis,  workplace  internship,  and  overseas  study.  

Indirect  Competition  to  Enactus  

In  terms  of  indirect  competitors  to  the  Enactus  brand,  there  are  a  number  of  non-­‐profit  organizations  and  initiatives  in  the  City  of  North  Bay.  These  programs  have   the  ability   to  draw  a  great  deal  of   attention   to   their   cause  while  engaging   the  community   to   participate   and   donate.   One   of   the   most   noted   causes   in   North   Bay   that   generates   a   large   amount   of  awareness  is  the  CIBC  Run  for  the  Cure,  which  had  roughly  750  participants  in  2011  (nugget  source).  

A  student’s  social  life  is  another  consideration  as  an  indirect  competitor  to  the  Enactus  brand.  The  City  of  North  Bay  offers  students  the  chance  to  expand  their  personal  and  social  lives  through  entertainment,  job  opportunities  and  sports  teams.  The   city   offers   students   a   busy   nightlife,  movie   theatres,   festivals   and   events,   as  well   as   concerts   and   sporting   events.  There  are  countless  part-­‐time  job  opportunities  for  students  in  the  city,  and  through  local  companies.  

Segmentation,  Targeting  and  Positioning  

The  first  key  segment  of  the  Enactus  brand  consists  of  students  at  the  post-­‐secondary   level  or  secondary   level,  with  the  intent  to  attend  a  college  or  university.  The  geographic  focus  of  this  group  is  located  to  the  North  Bay  region,  and  those  students  attending  Nipissing  University.  These  students  can  be  either  male  or  female,  and  are  between  18  and  25  years  of  age.  To  further  segment  this  market,  students  are  classified  as  first-­‐years  or  upper-­‐years  based  on  their  year  of  study.  The  students   of   this   segment   are   also   separated   based   on   their   discipline   of   study:   business   or   environmental   studies  (Geography,   Biology).   The   targeting   of   this   segment   for   the   Enactus   brand   is   crucial   to   the   continued   success   and  operations  of   the  program.  Students  are   initiators  of  projects  and  are  a  core  element  of   the  program.  These   individuals  have  the  potential  to  become  advocates  of  Enactus,  which  will  help  in  the  rebranding  efforts  and  overall  brand  equity  of  

the  program.  

The  staff  segment  of  the  target  market,  another  key  segment  for  Enactus,  includes  both  university  faculty  members  and  administrative   staff   at   the   university.   These   individuals   are   located   in   the   City   of   North   Bay   due   to   the   occupational  requirement   of   their   presence   on-­‐campus.   These   individuals   can   be   either  male   or   female,   and   are   between   30   and   50  years   of   age.   These   individuals   are   employed,   full-­‐   or   part-­‐time,   by   the   university   and   have   some   level   of   disposable  

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income.  The  target  of  this  segment  is  to  educate  the  staff  on  what  the  Enactus  program  is  about,  in  the  hopes  that  these  individuals  will  become  ambassadors  for  Enactus  to  new  students  that  attend  Nipissing  University.  

The  final  segment  for  the  Enactus  brand  is  the  community  leaders  in  the  City  of  North  Bay,  which  include  corporate  and  non-­‐profit   organizations.   These   groups   have   an   influential   and   powerful   presence   in   the   community,   as   well   as   being  

community  improvement  advocates.  Often  employed  full-­‐time,  these  individuals  are  between  25  and  50  years  of  age  and  have  some  level  of  disposable  income.  This  group  places  a  high  importance  on  the  health  of  North  Bay  for  their  families  and  friends  live  and  work  here.  Targeting  these  individuals  would  prove  to  be  a  successful  financial  venture  for  the  Enactus  brand   because   the   brand’s  mission   is   to   improve   the   quality   of   life   for   people   in   the   community,   which   is   what   these  individuals  strive  to  do.  

Marketing  Mix  

Product  

The  Enactus  Nipissing  program  offers  students  the  opportunity  to  develop  their  skills  and  provides  them  with  in-­‐field  work  experience.  Students  create  and  develop  projects  that  can  help  benefit  the  community  in  an  environmentally  friendly  and  sustainable  manner.  With   the   rebranding  efforts,   the  brand  will   be   located  at   the   introduction   stage  of   the  product   life  cycle.  In  this  stage,  the  program  will  want  to  build  brand  awareness  and  develop  a  strategic  market  for  their  offerings.    

Place  

The  Enactus  program  is  located  on-­‐campus  at  Nipissing  University,  and  has  made  some  significant  efforts  to  get  involved  in   the  City  of  North  Bay.  The  program  consists  of  a  small  group  of  business  students  and  one  key   faculty  mentor,  all  of  which  are   located  on-­‐campus.  There   is  a  potential  prospect   to   influence   the   local  high  schools   in   the  area,   including  St.  Joseph  Scollard,  Widdifield,  Algonquin  and  West  Ferris.  

Price  

The  Enactus  program  is  completely  self-­‐funded  and  relies  heavily  on  the  financial  support  of  sponsors  and  donations.   IIir  Kuqi,   the   Regional   Manager   with   Enterprise   Holdings,   recently   donated   $2,500   to   the   program.   This   sponsorship   has  helped  the  program  with  the  financial  tension  it  faces.  Additional  fundraisers  have  been  held  to  help  cover  the  additional  costs   of   the   program   including   travelling   and   accommodations   for   competitions,   and   the   printing   of   posters   for  promotional  efforts.  

Promotion  

Enactus   has   employed   a   variety   of   promotional   tools   to   generate   awareness   about   their   program.   The   program   has   a  strong   social   media   presence   on   platforms   like   Facebook,   Twitter   and   Pinterest.   They   have   also   employed   an   e-­‐mail  strategy  that  was  used  to  contact  students  and  staff  about  upcoming  events  for  the  program,  as  well  as  articles  through  the   Nipissing   University   News   Archives.   These   articles   can   be   accessed   through   the   Nipissing   University   website,   and  through  the  School  of  Business,  a  brief  Enactus/SIFE  page  can  be  accessed.  Also,  the  program  has  utilized  bulletin  boards  around  the  university  as  an  advertising  advantage.  

External  Market  Environment  

The  reason  for  the  rebranding  efforts  from  SIFE  to  Enactus  was  the  result  of  a  copyright  infringement.  The  brand  has  until  the  end  of  August  2013   to   complete   the  brand   transformation.  Other   infringements  and   copyright   laws  will   need   to  be  considered  for  the  marketing  efforts  of  the  rebranding  strategy.  

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The  Government  of  Ontario  established   the  Ontario  Trillium  Foundation   to  provide  grant   funding   to  organizations   that  build   healthy   and   vivid   communities   throughout   the   province.   The   focus   of   the   OTF   is   to   invest   in   community-­‐based  initiatives  to  strengthen  the  volunteerism  and  participation  in  the  community.  

Maclean’s  Magazine  recently  published  an  article  on  northern  universities  in  Canada,  and  how  many  of  these  institutions  

are  seeing  changes  in  the  physical  infrastructure  of  their  campuses.  With  the  renovated  Robert  J  Surtees  Student  Athletics  Centre   and   the   completion   of   the   Harris   Learning   Library,   Nipissing   University   is   continually   investing   in   the   future  education   and   development   of   its   students.   According   to   Pletzer,   Director   of   Institutional   Planning   and   Research   at  Nipissing,  the  overall  enrollment  at  Nipissing  University  has  grown  26%  to  5,679  students  in  the  2011-­‐12  academic  year.  

The  unique  social  atmosphere  at  Nipissing  University  offers  a  wide  range  of  clubs  and  activities  for  students  to  participate  in.   These   groups   provide   the   university   with   successful   student   involvement   around   campus:   clubs,   athletics,   and  intramurals.  

Companies   are   finding   it   increasingly   difficult   to   differentiate   their   products   from   competition,   and   how   to   align   their  brand   values  with   that   of   their   targeted   consumers.   Supporting   a   local   cause   is   one   competitive   advantage   a   company  should  utilize  in  its  marketing  strategy.  Studies  conducted  through  Big  Brothers  Big  Sisters  North  Bay  showed  that  76%  of  consumers  have  participated   in  at   least  one  cause-­‐related  marketing  campaign.  These  studies  also   showed   that  92%  of  consumers   believe   that   corporations   are   obligated   to   contribute   to   non-­‐profit   organizations.   Giving   back   to   the  community  will  help  with  the  overall  brand  equity  of  an  organization,  and  should  be  positioned  as  a  major  benefit  to  the  brand.  

Social  media  is  a  promotional  marketing  tool  that  can  be  utilized  to  effectively  target  students  at  Nipissing  University,  and  is  a  fantastic  global  referral  system  for  businesses.  Information  can  be  sent  and  viewed  to  consumers  on  a  worldwide  scale,  and  the  speed  that  this  information  travels  to  its  desired  target  is  essentially  instantaneous.  Platforms  like  Facebook  and  Twitter   are   the   two  most   effective   methods   to   reaching   students,   to   inform   them   about   events,   deals   and   any   other  promotional  efforts  done  by  an  organization.  

Example:  The  Facebook  page  of  Loughborough  University’s  Student  Union  is  classified  as  a  public  page,  which  allows  all  Facebook  users  to  access  the  content  that  the  union  posts  about  their  organization.  The  LU  Student  Union  can  create  and  promote  their  events,  as  well  as  post   links  about  other  events  and  general  notices  about  Loughborough  University.  The  Student   Union   can   also   post   status   updates   that   can   also   be   used   to   promote   clubs,   events,   competitions   and   other  businesses   either   on-­‐campus   or   in   the   local  market   town.   The   LUSU  page   is   not   limited   to   only   promoting   on-­‐campus  events,  and  the  organization  often  uses  its  Facebook  page  to  inform  students  of  festivals,  sales  and  news  about  the  market  town  of  Loughborough  as  well.  

The  use  of  the  Internet,  or  any  web-­‐based  communication  tool,  has  had  a  dramatic  effect  on  the  way  major  companies  and  small  to  medium  sized-­‐businesses  compete.  The  Internet  has  made  it  possible  for  information  to  travel  instantly  from  its  origin   to   various   outlets   around   the  world.   The   speed   and   accessibility   of   information   has   resulted   in   consumers   being  

more  educated  about  business  operations  and  has  changed  the  way  in  which  they  interact  and  engage  one  another.  The  use   of   Internet   and   e-­‐commerce   has   become   a   widespread   phenomenon,   and  many   companies   and   organizations   are  exclusively   operating   online.  A  website   is   also   a   beneficial   tool   for   a   business   since   it   has   the   ability   to   display   product  offerings,  company  information,  and  an  easy  communication  method  for  your  consumers.  

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Recommendations  Recommendation  1:    Mass  E-­‐mail  Strategy  

A  successful  e-­‐mail  strategy  must  include  four  primary  elements.  These  elements  include:  setting  goals,  finding  the  correct  audience,   specifying  which   content   is  most   important   and   finally   using   a   successful   tracking   program   (DK  New  Media,  2013).   For   the   Enactus   re-­‐branding   phase,   our  main   goal   as   consultants   is   to   help   create   the   strategies   that  will   aid   in  creating  awareness  for  the  new  brand.    

As  previously  determined  by  Dianne  Davis,  the  faculty  mentor  for  Enactus,  she  mentioned  that  prior  to  the  SIFE/Enactus  transformation,  that  students  that  are  a  part  of  the  SIFE  program  became  aware  through  a  mass  e-­‐mail  strategy,  which  was  initiated  in  order  to  attract  members  to  the  program.    

For  the  up-­‐coming  school  year,  we  recommend  that  Enactus  use  the  same  e-­‐mail  strategy  as  had  been  employed  with  the  previous  brand.  Linking  back  to  one  of  our  objectives  by  targeting  both  business  and  science  students,  it  would  be  wise  to  e-­‐mail   first   year   students   through   the   business   program   and   upper   year   students   studying   science.   The   mass   e-­‐mail  strategy  for  Enactus   is  primarily  to  generate  overall  awareness  for  the  new  brand.  Therefore  the  e-­‐mail  strategy  may  be  distributed  through  many  of  the  different  departments  at  the  university.  

The  content  throughout  the  e-­‐mail  must  be  “all  the  words  and  images  in  your  email  communicate  and  connect  with  your  prospects  for  you  to  achieve  specific  business  goals”  (DK  New  Media,  2013).  It  would  be  great  to  include  a  brief  background  of  the  primary  functions  of  the  Enactus  organization,  but  also  it  would  be  essential  to  include  some  of  the  credible  options  students  are  offered.  Students  have  the  chance  to  gain  work  experience,  add  credible  resume  content,  build  relationships,  

and  create  possible  networking  opportunities.      

Recommendation  2:  Apply  for  the  Ontario  Trillium  Foundation  Grant  

The  mission  of  the  OTF  is  to  build  healthy  and  vibrant  communities  in  Ontario  by  investing  in  community-­‐based  initiatives.  This   government   agency   distributes   grants   to   non-­‐profit   and   charitable   organizations   throughout   the   province,   and   is  required  to  allocate  at  least  $100  million  each  year  to  these  organizations.  A  majority  of  the  OTF’s  funding  is  a  composed  of  provincial   lottery   revenues,   charity-­‐casino   revenues  and  general  provincial   revenues.  There  has  been  a  wide   range  of  projects   that  have  applied   for   this  grant,  but   those  that  were  approved  supported   local  communities.  The  organizations  that  apply  for  the  OTF  grant  must  provide  projects  that  support   local  communities  and  relate  to  social  services,  arts  and  culture,  the  environment,  and/or  sports  and  recreational  activities.  

The  OTF  has  three  different  funding  programs,  which  are  used  to  allocate  the  agency’s  funding  and  classify  projects  based  on  their  scope:  

a. The  Community  program  receives  the  largest  amount  of  available  annual  grant  money  to  be  allocated  to  projects  and  initiatives  throughout  Ontario,  which  is  about  77%.  Since  2008,  the  OTF  has  approved  1,360  projects  for  grant  money  with  an  average  value  for  each  project  being  about  $60,000.  

b. The  Province-­‐wide  program  covers  projects  and  initiatives  that  impact  Ontario  on  a  provincial-­‐scale.  This  funding  program  receives  only  19%  of  available  annual  funding.  The  OTF  has  awarded  110  organizations,  each  with  grants  averaging  $180,000  in  value  since  2008.  

c. The   Future   Fund   receives   the   least   amount   of   available   funds   with   roughly   only   four   percent   each   year.   The  projects   approved   for   this   grant   must   create   a   significant   and   sustainable   change   in   a   specific   area   through  

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innovative  approaches.  Each  fiscal  year,  the  OTF  decides  on  a  specific  focus  that  a  project  must  satisfy  in  order  to  receive   the  grant.   The   focus   for   the  2012/2013  Future   Fund  was  Social   Entrepreneurship   and  Social   Enterprise;  however,  about  ten  projects  each  year  are  funded  with  an  average  grant  value  of  $400,000  each.  

The   goal   of   the   OTF   is   to   allocate   the   entire   annual   grant   funding   it   receives   from   the   government   to   non-­‐profit   and  

charitable  organization  in  Ontario.  The  allocation  of  these  funds  is  based  on  the  population  levels  of  the  16  regions  across  Ontario.  Since  the  different  regions  have  varying  population  levels,  funding  is  distributed  on  a  per-­‐capita  basis.  

Data   gathered   from   Statistics   Canada   and   the   Ontario   Trillium   Foundation   (located   in   Appendices)   was   tabulated   to  provide  population   levels  and  approval   rates  based  on  each  region  of  Ontario,  as  described  by  the  OTF.  As  these  charts  illustrate,  the  OTF  allocated  an  average  of  1.18  million  dollars  to  the  region  including  North  Bay,  in  comparison  to  a  larger,  central  region  like  Toronto,  which  received  over  15  million  dollars  in  grants.  The  reasoning  for  this  significant  difference  in  available  funding  is  because  of  the  12:1  population  ratio  for  the  region  of  Toronto,  to  the  region  of  North  Bay.  

The  Ontario   Trillium   Foundation  Application   Criteria   (located   in   the  Appendices)   provides   organizations  with   a   general  understanding  of  how  their  projects  will  be  assessed  and  whether  these  projects  meet  the  agency’s  project  standards.  The  OTF   requires   applications   to   provide   benefits   to   the   community  with   a   sustainable   and   long-­‐lasting   impact   and   have   a  significant  need  for  funding.  

For  all  three  funding  programs,  the  OTF  puts  all  applications  through  a  standard  review  process:  

Technical  Review  

Applications  are  screened  to  ensure  completeness  and  that  they  satisfy  the  eligibility  criteria.  Those  applications  that  are  incomplete  or  ineligible  are  rejected.  

First  Review  

Staff  administers  a  questionnaire  test  to  applications,   in  order  to  rank  each  project  based  on  points  received  for  each  question.  

Triage  Meeting  

Regional  OTF  staff  vote  on  which  applications  to  reject,  and  remaining  projects  continue  the  review  process.  

Additional  Research  and  Analysis  

OTF  staff  conducts  site  visits  and  outside  research  for  all  applications.  

Proposal  Assessment  Summary  Sheet  (PASS)  

Information  collected  previously   is   summarized   into   the  PASS.  This  process  will  decide  whether   the  application  should  be  approved  or  declined.  

Final  Meeting  

The   grant-­‐review   team   of   the   OTF  meets   to   decide   an   application’s   approval   or   rejection.   If   an   application   is  approved,  the  team  will  recommend  the  amount  of  funding  the  project  should  receive.  

Final  Approval  

The  CEO  or  Board  of  the  OTF  will  approve  or  reject  the  proposal  of  the  application.  

 

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If  an  organization  is  approved  for  the  OTF  grant,  they  are  required  to  submit  progress  reports  for  the  length  of  the  grant  term  as  well  as  a  final  report,  which  is  sent  within  two  months  following  the  completion  of  the  project.  In  these  reports,  the  applicants  must  include  budget  allocations,  expenditures,  and  what  was  accomplished  with  the  funds  received  through  the  OTF.  

The  OTF  grant  offers  Enactus  Nipissing  the  opportunity  to  acquire  funding,  which  can  help  alleviate  the  financial  tension  of  the  program.  This  grant  can  be  used  to  promote  and  develop  their  projects,  like  Back  to  the  Taps.  Enactus  Nipissing  must  complete  and  submit  its  application  by  one  of  the  three  designated  deadlines:  March  1,  July  1,  or  November  1.  

In  the  application,  Enactus  must  outline  the  strategic  plan  of  a  project,  which  includes  the  scope  of  the  project,  financial  details  and  budgets  and  the  project’s  impact  on  the  local  community.  A  work  plan  must  also  be  included  in  the  application,  which   requires   the   applicant   to   discuss   the   expected   results   of   their   project   in   regards   to   activities   and   performance  indicators.  

Recommendation  3:  Develop  Enactus  Promotional  Products  

A   popular   and   effective   communication  medium   for   a   business   is   the   use   of   promotional   products,   which   are   tangible  items   used   to   generate   top-­‐of-­‐mind   brand   awareness.   These   items   are   a   fast   growing   component   of   advertising   for   a  business,  and  are  a  significant  industry,  accounting  for  nearly    $3.5  billion  (Promotional  Product  Association  International,  2011).  Research  conducted  by  the  PPAI  (2011)  also  highlighted  that  the  recall  for  promotional  products  was  high:  86%  of  consumers  remembered  the  name  of  the  brand  that  donated  a  product.  

With  the  increase  of  advertisement  clutter  in  the  marketplace,  effectiveness  of  advertising  in  mass  media  has  become  less  consistent.  Promotional  products  used  in  a  creative  and  integrated  communications  plan  can  be  an  effective  tool  to  reach  their  business  goals.  

Enactus  has  no  tangible  promotional  products  that  it  can  provide  to  its  potential  members  or  clients.  The  program  should  invest  in  obtaining  promotional  products  that  it  can  use  to  generate  awareness  about  the  new  brand,  specifically  to  first-­‐years  students  in  the  purchase  of  frosh-­‐kits.  

At   the   beginning   of   each   academic   year,   students   purchase   frosh-­‐kits   through   the   Nipissing   University   Student   Union  (NUSU).  In  the  past,  these  kits  provided  students  with  various  pamphlets  and  trinkets,  such  as  key  chains,  lanyards  and/or  water  bottles.  Andrew  Deugo,  the  upcoming  Vice  President  of  External,  explained  that  for  the  2013-­‐14  frosh-­‐kits,  NUSU  will  be  asking  businesses  to  provide  quality,  tangible  products  to  include  in  the  kits.  Students  pay  roughly  $100  per  kit,  and  Duego  explained   that   there  has   been   a   considerable   amount  of   disappointment   in   regards   to   the   items   they   receive   in  these  packages.  Businesses  often  provide  pamphlets  and  business  cards  in  these  packages,  which  students  feel  is  a  waste  of  the  money  they  have.  

Enactus  needs  to  consider  the  perceived  value  of  these  packages  from  the  student  perspective.  A  suggested  promotional  product   for   the   frosh-­‐kits   could   be   a   small   item,   such   as   a   promotional   pen,   or   even   something  more   elaborate   like   a  colourful  drinking  cup.  

Recommendation  4:  Partner  with  local  organization,  Greening  Nipissing  

Enactus  has  always  believed  in  giving  back  to  the  community  and  sustaining  a  healthy  environment.  A  partnership  among  non-­‐profits  can  be  quite  beneficial  since  it  can    “inspire  great  ideas,  share  experiences,  provide  essential  insights,  increase  capacity,  create  opportunities,  reach  new  audiences,  and  provide  a  venue”  (University  of  Bristol,  2013).  By  involving  new  partners,   it   can  help   reach  new  heights  within   the   creative  process,   add  value  by   sharing  peer   in-­‐field  work  experience.  Partners  can  also  help  with  reaching  a  wider  membership  audience  by  adding  more  members  that  can  benefit  the  overall  

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brand  objectives.  Partnerships  can  aid  in  increasing  your  target  audience  and  explain  overall  objectives  of  a  brand.  Around  the  City  of  North  Bay,  there  are  some  organizations  that  focus  on  the  non-­‐profit  and  environmentally  friendly  aspects  of  giving  back  to  the  community  such  as  Greenspace  North  Bay  and  Greening  Nipissing.    

One   partnership   we   emphasize   in   particular   is   to   continue   partnering   through   events   with   Greening   Nipissing.   In   our  

discussions  with  Vijanti  Ramlogan  Murphy,  Greening  Nipissing  would  be  more  than  willing  to  create  another  opportunity  to  partner  with  Enactus  for  events  in  the  future,  the  possibility  being  a  second  Eco-­‐Film  Festival.  

The  Eco-­‐Film  Festival  was  executed   in  order  to  help  Greening  Nipissing  sponsor  more  bike-­‐fix  stations  within  the  city  of  North  Bay.   For   this   event,  Greening  Nipissing   and  SIFE  gained  awareness   through   such  mediums  as  Cogeco  News,   the  North   Bay   Nugget,   CKAT   and   EZ   Rock.   These   organizations   were   great   mediums   for   SIFE   because   they   offered   the  program   the   opportunity   to   express   and   share   their   brand   with   the   community   of   North   Bay.   Information   about   the  partnership  was  distributed  to  the  target  audience  of  Greening  Nipissing.  Partnering  with  Greening  once  more  would  allow  the  Enactus  brand  to  have  the  opportunity  to  reappear  through  familiar  mediums,  just  as  the  predecessor  brand  had.  

Since  our  overall  objective  is  to  generate  awareness,  this  partnership  offers  Enactus  the  opportunity  to  grow  its  awareness  with  a  credible  organization  such  as  Greening  Nipissing.  The  Greening  Nipissing  organization  “works  to  educate,  promote  and   encourage   environmentally-­‐friendly   practices   for   individuals,   organizations   and   businesses   in   North   Bay   and   area”  (Greening  Nipissing,  2012).  Their  credibility  is  gained  through  their  outstanding  contributions  to  the  community  and  their  promotions   toward   an   eco-­‐friendly   environment.   This   organization   has   earned   such   awards   as   the   Organizational  Resilience  Award   in   2012.  Adding   to   their   credibility,  Greening  has   also   received   the  Dorothy  Walford  Memorial  Award  during  the  same  year  for  their  water  conservation  and  educational  programs.  This  award  honours  an   individual  or  group  who  makes  a  valuable  environmental  contribution  in  the  local  watershed.  

There   is   no   doubt   that   the   Greening   brand   is   known   for   their   contribution   toward   the   local   community.   Murphy   also  discussed  with  us  on  how  SIFE  information  was  distributed  to  participants  of  Greening  Nipissing  events.  The  information  was  distributed  through  information  tables  at  the  events,  allowing  participants  to  be  well  aware  and  educated  about  the  SIFE  brand.  

Recommendation  5:  North  Bay  &  District  Chamber  of  Commerce  Membership  

The  North  Bay  &  District  Chamber  of  Commerce  (NBDCC)  is  the  recognized  voice  for  businesses  in  the  region.  They  have  supported  the  cause  of  business  for  more  than  100  years,  and  strive  to  enhance  economic  prosperity  and  quality  of  life  in  North  Bay  and  surrounding  area.  The  NBDCC  has  over  900  members,  and  offers  programs,  seminars  and  information  vital  to   local   organizations   to   its   members.   Members   of   the   NBDCC   also   have   access   to  monthly   business   and   networking  opportunities,  and  benefit  from  their  referral  service  

Businesses  and  organizations  that  become  members  of  the  North  Bay  &  District  Chamber  of  Commerce  are  open  to  a  wide  variety  of  benefits.  Members  have  access  to  a  current  and  up-­‐to-­‐date  member  directory  and  discounted  rates   for  online  advertising   through   NBDCC.   More   than   40,000   potential   clients   visit   the   chamber   office   each   year,   and   the   NBDCC  

promotes   its   business   referral   system   to   all   its   potential   clients.   Members   also   use   the   networking   and   member-­‐to-­‐member  discounts   to  promote   their  business.  The  NBDCC  has  been  serving  North  Bay  and  area   for  over  115  years,  and  consumers  associate  chamber  members  as  credible  organizations  and  business.  

The  NBDCC  organizes   events   and   seminars   throughout   the   year,   but   each  month   chamber  members   apply   to  host   the  Business  After  Hours  social  event.  This  event  allows  members  to  network  and  get  acquainted  with  other  business  members  in  the  chamber.  It  provides  members  with  an  informal  but  informative  night  of  discussions  and  interactions.  

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The  Enactus  Nipissing  program   should   consider   becoming   a  member   of   this   credible   and   resourceful   organization.   The  influence  and  credibility  that  the  NBDCC  possesses  in  the  community  of  North  Bay  would  help  to  improve  the  credibility  of  the  program.  This  affiliation  would  benefit  the  program  on-­‐campus  at  Nipissing  University  and  in  the  community  of  North  Bay.   The   NBDCC   also   provides   its   members   with   the   opportunity   to   associate   with   each   other   through   networking  

opportunities.  This  possibility  will  allow  Enactus  to  meet  with  other  organization,  which  could  become  potential  partners  or  sponsors.  

Recommendation  6:  Partnering  with  iLead  program  

iLead  is  considered  a  direct  competitor  to  the  Enactus  program,  but  it  is  also  a  great  potential  partner.  Partnering  with  this  program  will  allow  students,  who  are  not  already  affiliated  with  the  iLead  program,  to  gain  an  understanding  of  the  criteria  of   the   iLead   program   and   the   objective   of   the   program.   The   program   is   restricted   to   upper-­‐year   students   in   business,  which  allows  them  to  add  credits  toward  their  degree  through  projects  like  direct  studies,  honours  thesis,  in-­‐field  projects,  workplace  internships  and  overseas  studies.  All  of  these  factors  help  business  students  obtain  learning  that  is  More  Than  A  Degree,  which  is  the  catch  phrase  for  the  Nipissing  University  School  of  Business.  

Meeting  with  Natalya  Brown  has  led  us  to  express  the  possibility  of  an  actually  partnership  between  Enactus  and  the  iLead  program.   Both   are   non-­‐profit   organizations   that   give   students   and   young   entrepreneurs   the   chance   to   build   credible  content   toward   their   academic   degrees.  We   recommend   the   partnership  with   the   iLead   program   of   the   credibility   the  program   possesses   at   Nipissing   University.   This   recommendation   also   helps   to   meet   the   objective   of   increasing  membership  of  business  students  to  the  Enactus  program.  Although   it  does  not  meet  the  objective  of   increasing  overall  membership  by  50%,  it  does  increase  brand  awareness  and  student  involvement.  Natalya  Brown,  a  faculty  member  of  the  School  of  Business  as  well  an  iLead  advisor,  is  enthusiastic  about  the  idea  of  partnering  with  the  Enactus  organization.  

 

 

 

 

 

 

 

 

 

 

 

 

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Implementation  Plan  

Implementing  a  Mass  E-­‐mail  Strategy  

Thorough  discussions  with  Gemma  Victor,  a  senior  Liaison  Officer  at  Nipissing,  we  have  now  understood  more  information  in   regards   to   the  mass   e-­‐mail   campaigns   launched   from   faculty,   staff,   and   students   and   the  matter   that   is   it   no   longer  permissible.  

In   order   for   the   e-­‐mail   strategy   to   be   permitted   through   Nipissing   e-­‐mail   accounts,   Enactus   much   approach   each  department   director   in   order   to   target   students.   Due   to   the   privacy   issues   of   mass   e-­‐mail   strategies,   it   is   no   longer  permitted  to  send  mass  e-­‐mails  through  Nipissing  school  accounts.  Enactus  must  contact  a  department  director  to  provide  them  with  information  regarding  the  Enactus  program,  projects  and  events.  

Requests  must  be  made  to  faculty  directors  to  communicate  with  faculty  members  to  inform  their  students  about  Enactus,  which  will   eliminate   the   program   facing   the   privacy   issues   of   e-­‐mail   accounts.   By   going   through   the   different   targeted  departments,  Enactus  will  eliminate  those  consumers  outside  of  their  target  and  can  focus  satisfying  their  audience.  

Implementation  for  the  Ontario  Trillium  Foundation  Grant  

To  apply  for  the  Ontario  Trillium  Foundation  grant,  Enactus  must  develop  a  business  plan  for  their  potential  projects.  The  information  presented   in   the  business  plan  will   be  used   to   complete  various  parts  of   the  application,   including   financial  statements,  project  goals,  and  impact  to  the  community.  The  OTF  application  can  be  completed  online  or  send  via  postal  services  with  all  the  required  documents.  The  required  documents  for  the  application  include:  financial  statements,  current  operating  budget  and  a  list  of  the  board  of  directors  for  the  organization.  The  online  application  requires  a  digital  copy  of  

the   application   and   all   required   documents   attached.   The   paper   application   requires   four   copies   of   the   completed  application  form  with  four  copies  of  all  required  attachments.  

Implementing  Enactus  Promotional  Products  

Enactus  can  have  their  promotional  products  in  the  frosh-­‐kits  through  a  NUSU  tender  promotion.  This  promotion  requires  NUSU   to   send  out   a   request   to   local   businesses   for   a   particular   product   that   they  wish   to   feature   in   the   frosh   kits.   If   a  business  is  interested  in  providing  such  a  product,  they  will  provide  NUSU  with  a  quote,  which  will  include  the  number  of  units,   the   design   of   the   product   and   selling   price   for   a   given   number   of   units.   If   NUSU   agrees,   they   can   purchase   the  product   or  weight   the   options   from   other   businesses   until   they   find   an   option   that  meets   their   desired   objective.   This  venture  would  also  be  a  great  way  to  gain  some  revenue  for  the  Enactus  program.  The  risk  here  is  that  Enactus  may  not  be  able  to  win  over  other  competitors  who  already  have  promotional  products  or  are  experienced  in  this  type  of  advertising.    

Implementation  of  Greening  Nipissing  Partnership  

Greening   Nipissing   would   like   to   address   that   they   would   be   interested   in   partnering   with   Enactus   for   future   events,  especially  another  Eco-­‐film  Festival.  Murphy  expressed  that:  “It  would  be  best  to  have  the  film  festival  relatively  close  to  last  year’s  festival,  for  the  purpose  of  curiosity  for  returning  participants.”  Therefore,  it  is  suggested  that  Enactus  contact  Greening  Nipissing  early  in  the  month  of  October  2013  in  order  to  discuss  the  festivals  content  and  marketing  campaign.  To   go   about   this,   contact   must   be   started   with   Murphy   or   any   general   member   of   Greening   to   express   matters   of  partnerships  for  events  in  the  upcoming  year.  This  is  a  great  opportunity  to  share  and  promote  the  new  brand  Enactus  with  the   local   community   of   North   Bay.   If   partnering   for   future   events   with   Greening,   it   would   be   encouraged   to   continue  setting  up  information  tables  that  can  potentially  attract  new  members  or  create  interest  toward  prospects.  

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Implementation  of  North  Bay  &  District  Chamber  of  Commerce  Membership  

For  Enactus  to  become  a  member  of  the  North  Bay  &  District  Chamber  of  Commerce,  an  application  must  be  completed.  This  application  requires  Enactus  to  provide  contact  information,  a  description  of  services,  and  reasons  to  why  the  NBDCC  can   help   the   Enactus   organization.   The   application   also   specifies   the  membership   fee   requirement,   and   for   non-­‐profit  

organization  such  as  Enactus,  the  fee  is  $184.19  for  2013.  

Implementing  the  iLead  Partnership  

This   is   another   great   opportunity   to   help   build   brand   equity   toward   the   Enactus   initiative.   Partnering  with   iLead   is   not  complex,  in  the  manner  that  a  special  project  summary  needs  to  be  created  in  order  for  students  to  work,  initiate  studies  and  adapt  to  real  work  experience  with  the  iLead  program.    

The   summary   should   include   an   overall   of   the   objectives   of   the   potential   projects;   some   examples   include:   developing  work  experience  with  a  client,  utilizing  researching  skills,  or  developing  an  in-­‐depth  understanding  of  specific  management  issues.  These  are  just  examples  on  how  to  create  objectives  for  a  special  project.  

How   the   project   will   be   instructed   is   another   element   of   the   project   summary.   Seminars   are   the   primary   method   of  instruction,  they  provide  students  with  the  opportunity  to  discuss  and  develop  ideas  about  a  project.  These  seminars  also  allow  students  to  express  critical  feedback  about  issues  and  challenges  faced  by  team  members.  Scheduled  seminars  are  recommended  in  order  to  track  project  milestones  and  maintain  thorough  consistency.  

The  most   important  part  of  the  summary   is  considered  the  method  of  evaluation,  which  consists  of  three  key  parts:  the  project  background  assignment,   the   in-­‐field  participation,   and   the   reflective  paper.   This   paper   requires   each   student   to  provide  the  supervisor  with  a  detailed  explanation  of  the  individual  experiences  that  were  gained  through  the  project.  This  summary  will  address  the  lessons  learned,  an  in-­‐depth  theory  analysis  about  tactics  used  for  the  project  and  the  reasoning  why.  Each  portion  of  the  evaluation  should  each  have  weighted  values,  with  the  reflective  paper  being  the  most  focused  portion  of  the  evaluation.    

 

 

 

 

 

 

 

 

 

 

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Finances  Enactus  Financial  and  Budget  Projections  

The  following  table  provides  details   to  the  costs  that  accompany  each  recommendation  provided  for  Enactus.  Since  the  budget   for   Enactus   varies   each   year,   each   recommendation   contains   various   costs   that   will   help   aid   in   promoting  awareness  for  the  Enactus  brand.  

Budget  Details   Projected  Returns  

Ontario  Trillium  Foundation  Grant  n The  application  requires  program  financials  n No  online  application  fee  n Postage   cost   of   approximately   $10   for   paper  

application  submission  n Program  requests  amount  of  funding  from  OTF  

 

n Amount   of   grant   awarded   to   Enactus   will   be  based  on  requested  funding  and  project  details  

n Potential  to  fund  new  projects  and  promotional  efforts  

 

Develop  Enactus  Promotional  Products  n Based  on  a  quantity  of  500  units  

Example:  Pens  =  $160.00  Cups  =  $415.00  Shipping  =  50.80  Total  Cost  =  $625.80  

 

n Tangible  promotional  items  n Products  showcase  Enactus  logo    n Potential   revenue   through   the   selling   of  

promotional  items  n Awareness  in  frosh  kits  

 

North  Bay  &  District  Chamber  of  Commerce  Membership  

n Annual  application  fee  of  $184.19  

n Connection  with  chamber  members    n Membership  benefits,  which  include  advertising  

benefits,   networking,   and   community  involvement  

Mass  E-­‐mail  Strategy  n No  fee  

n Targeted  selected  audience  n Word-­‐of-­‐mouth  n Top-­‐of-­‐mind  brand  awareness    

iLead  Partnership  n Project  budget  is  based  on  project  cost  n Nipissing  tuition  fee/course  

n Student  participation  n Brand  awareness  n Student  attraction  

Greening  Nipissing  Partnership  n No  membership  fee  

n Community  recognition  n Brand  awareness  

 

 

 

 

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Metrics  and  Contingency  Plans  Mass  E-­‐mail  Strategy  

Once  registered  with  Nipissing  as  a  student  in  your  first  year  of  studies,  each  student  is  granted  full  access  to  a  Nipissing  e-­‐mail   account.   This   account   is   intended   for   study   purposes,   social   information,   and   communication   with   Nipissing   for  general   inquiries.  University  faculty  and  administrative  staff  also  possess  access  to  Nipissing  e-­‐mail  accounts.  Evaluating  the  success  of  the  e-­‐mail  strategy  will  be  based  on  the  number  of  e-­‐mails  sent  to  students,  faculty,  and  administrative  staff  who  hold  an  official  Nipissing  e-­‐mail  account.  Assuming  the  Nipissing  employs  a  tracking  system  for  e-­‐mail  and  electronic  information,  the  number  of  e-­‐mail  opened  can  be  accessed  to  establish  the  amount  of  reach  the  e-­‐mail  strategy  has.  

If  Enactus   is  unable  to  create  an  e-­‐mail  strategy,  the  organization  loses  the  direct  contact  with  the  faculty.  The  program  also  loses  the  ability  to  generate  awareness  through  their  selected  target  markets,  and  the  chance  of  taking  full  advantage  of   a   cheap   form   of   promotion   and   communication.   Transferring   to   other   mediums   such   as   Facebook,   Twitter,   and  Pinterest   are   great   ways   to   attract   attention   through   social   media.   It   allows   students   to   react,   view,   and   interpret  information   that   is   presented   to   them;   as   well   it   may   lead   to   word-­‐of-­‐mouth,   another   low-­‐cost   marketing   tool.   The  completion  of  an  Enactus  website  will  also  contribute  to  having  another  medium  target  audiences.  

Ontario  Trillium  Foundation  Grant  

If  approved  for  the  OTF  grant,  Enactus  gains  the  funding  required  to  implement  future  projects  and  promotional  efforts.  There   is   the   possibility   that   the  program   is   denied   this   grant,   and  Enactus   should  monitor   their   current   budget   since   it  varies   from   year   to   year.   Continuing   the   program’s   fundraising   efforts   is   a   promotional   venture   that   the   brand   should  

continue,  with  or  without  the  approval  of  the  OTF  grant.  Fundraising  on-­‐campus  will  help  promote  the  brand  and  generate  revenue  as  it  has  done  in  the  past.  Maintaining  a  connection  and  strong  relationship  with  the  Enactus  alumni,  such  as  Ilir  Kuqi  of  Enterprise  Holdings,  will  benefit  the  brand  by  receiving  ongoing  donations.  

Enactus  Promotional  Products  

If  Enactus  did  not  have  their  promotional  products  purchased  from  NUSU,  the  program  also  has  the  option  to  donate  their  products  to  NUSU  for  the  frosh-­‐kits.  Duego  said  that  if  a  company  was  willing  to  donate  a  particular  product  to  these  kits  that   they   would   be   more   than   willing   to   accept   this   generosity,   unless   they   have   not   requested   that   particular   item.  Although  there  is  no  opportunity  to  gain  revenue  from  this  venture,  Enactus  would  be  able  to  use  these  kits  to  target  the  first-­‐year  segment  of  their  target  market,  generating  awareness  and  intrigue  about  the  brand.    

Enactus  can  request  from  NUSU  the  number  of  frosh-­‐kits  sold  to  first-­‐years  students,  which  will  provide  the  program  with  an   assumed   reach   of   their   brand.   From   these   purchases,   Enactus   can   also   monitor   their   social   media   account,   like  Facebook  and  Twitter,  to  see  if  there  has  been  an  increase  in  likes,  follows,  posts  or  tweets  about  the  new  brand.  

Greening  Nipissing  Partnership  

Enactus  must   be   aware   of   the   importance   of   the   partnership   and   its   potential   to   generate   awareness,   which   will   also  contribute  to  brand  performance.  Fully  activating  the  partnership  can  lead  to  an  increase  in  brand  awareness  and  promote  goodwill  for  the  brand.  In  order  to  activate  this  partnership,  Enactus  must  consider  partnering  with  Greening  for  more  than  one  event  throughout  the  year.  

In   order   to  measure   the   performance   of   the   Greening   and   Enactus   partnership,  monitoring   the   reach   of  media   in   the  community  of  North  Bay.  This  will  provide  insight  for  the  Enactus  program  as  to  how  far  their  brand  has  expanded  in  the  

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community.  Recording  the  number  of  ticket  sales  for  partnered  events  will  also  provide  information  about  the  reach  and  awareness  of  the  brand.  

If  Greening  Nipissing  does  not  want  to  collaborate  as  a  partner,  it  would  be  practical  to  look  for  another  partner  who  has  strong   ties   with   the   community.   A   potential   partner   could   be   Greenspace   North   Bay   because   of   their   credibility   in  

contributing  to  the  community  of  North  Bay.  Greenspace  focuses  on  “local  planning  as  it  relates  to  the  green  areas,  natural  values   and   attributes   of   the   city”   (Green   Space,   2012).   Although   Enactus   would  miss   the   opportunity   to   access   radio,  television,   and   print   ads   for   building   awareness   through   the   Greening   partnership,   the   program  would   still   be   able   to  access  community  events  in  North  Bay.  

North  Bay  &  District  Chamber  of  Commerce  Membership  

If   Enactus   is   not   accepted   as   a   chamber   member,   the   program   will   lose   the   potential   for   advertising   in   a   recognized  community  organization,  along  with  the  other  benefits  of  being  a  chamber  member.  Advertising  in  the  community  is  an  effective  means  for  gaining  brand  awareness,  and  without  the  Chamber  of  Commerce  membership,  Enactus  will  no  longer  have  access  to  the  various  community  events.  

iLead  Partnership  

The   success   of   the   partnership   between   Enactus   and   iLead   will   depend   on   factors   such   as   the   number   of   students  registered  and  those  who  are  wait-­‐listed.  If  the  partnership  leads  to  the  interest  of  students,  the  success  of  the  partnership  can   be  measured   by   how  many   students   have   registered   to   the   program.   If   student   registration   is   becoming   close   to  maximum  capacity,  the  wait-­‐list  is  another  way  to  measure  the  program’s  popularity.  The  demand  for  the  iLead  program  is  contributed   to   the   face   that   students  are   showing   the   initiative   to  be  more   involved  with  a  program,  which  can  benefit  their  overall  work  experience  and  ultimately  their  resume.  

If  Enactus  were  not  approved  as  a  Special  Project  through  the  iLead  program,  students  would  not  be  able  to  receive  credits  toward   their  degree  or   the  valuable  work  experience.  This  partnership  offers   students  a  valuable  asset   to   their  personal  growth  and  understanding  of  business  concepts.  

Since   iLead   is   currently  affiliated  with   the  School  of  Business,  Enactus  will  not  gain   the  awareness   it   seeks   through   this  partnership.  The  Enactus  program  will  not  be  able  to  gain  their  credibility  through  iLead  but  will  also  miss  the  chance  for  promoting  their  brand  through  the  School  of  Business.  Enactus  could  potentially  turn  to  the  Nipissing  University  Business  Committee   (NUBC)   as   a   potential   partner,  which  would   allow   students   to   participate   in   event   planning   as  well   as   gain  additional  knowledge  from  the  team-­‐based  atmosphere.  Although  NUBC  does  not  have  the  prestige  like  iLead,  they  are  still  an  influential,  student-­‐organized  group  that  will  provide  credibility  to  the  Enactus  program  on-­‐campus.  

 

 

 

 

 

 

 

 

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APPENDIX  

       

                                   

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References    Big  Brother  Big  Sisters  of  North  Bay,  2011.  “Become  a  Sponsor”  

http://www.bigbrothersbigsistersnorthbay.org/en/Home/howtosupportus/corporatesupport/becomeasponsor.aspx  

 DK  New  Media,  2013.  “4  Elements  of  a  Successful  E-­‐mail  Marketing  Strategy”  

http://www.delivra.com/blog/delivra-­‐guest-­‐bloggers/4-­‐elements-­‐of-­‐a-­‐successful-­‐email-­‐marketing-­‐strategy    Green  Space  North  Bay,  2012.  “About  Us”  http://www.itfitz.ca/greengals/about.htm    Greening  Nipissing,  2013.  “Awards”  http://www.greeningnipissing.org/awards/    iLead,  2012.  “Why  take  iLead  courses?”  http://www.nipissingu.ca/academics/faculties/applied-­‐professional/school-­‐of-­‐

business/more-­‐than-­‐a-­‐degree/iLEAD/Pages/What-­‐is-­‐iLEAD.aspx    North  Bay  &  District  Chamber  of  Commerce,  2012.  “Membership  Benefits”,  “Membership  Fees”,  and  “  Mission  and  Vision”  

http://northbaychamber.com/    Ontario  Trillium  Foundation,  2013.  “How  to  Apply  for  a  Grant”  

http://www.otf.ca/en/applyForaGrant/how_to_apply.asp?_mid_=21795      Pittaway,  L.,  Rodriguez-­‐Falcon,  E.,  Aiyegbayo,  O.,  and  King,  A.,  2010.“The  role  of  entrepreneurship  clubs  and  societies  in  

entrepreneurial  Learning”      Promotional  Product  Professionals  of  Canada,  2011.  “Backgrounder”  

http://www.brandalliance.com/documents/Effectiveness.pdf  

 University  of  Bristol,  2013.  “Working  in  Partnerships  with  others”  

http://www.publicengagement.ac.uk/how/guides/working-­‐partnership                            

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Enactus  Strategic  Overview  Table    

Objectives   Strategies   Plans/Tactics   Metrics  

1.  Increase  membership  by  50%  in  2013-­‐2014  

-­‐  Increase  awareness  -­‐  Increase  social  media  presence  

-­‐  Promotional  products  -­‐  Nipissing  Open  House  -­‐  Club  Daze    

-­‐  Monitor  social  media  trends  and  metrics  -­‐  Registered  members    

2.  Target  8%  of  environmental  studies  students  at  Nipissing  

-­‐  Direct  e-­‐mail        

-­‐  Meet  with  department  Directors  of  new  targeted  study  fields  -­‐  Promotional  products  

-­‐  Tracking  of  e-­‐mails:  number  of  e-­‐mails  sent,  number  of  e-­‐mails  opened  

3.Promote  credibility  of  Enactus  program  

-­‐  Nominate  for  awards  

-­‐  Become  a  member  of  NBDCC  

-­‐  Awards  received  -­‐  Number  of  nominations  

4.  Inform  faculty,  administrative  staff,  and  students  about  the  program  

-­‐  Direct  e-­‐mail     -­‐  E-­‐mails  sent  through  departments    -­‐  Bulletin  boards  -­‐  Promotional  products  

-­‐  Number  of  bulletin  boards  around  campus  -­‐  Number  of  frosh  kits  sold  -­‐  Registered  members  

5.  Increase  program  funding  

-­‐  Fundraising  efforts  -­‐  Applying  to  grants    

-­‐  Grant  applications  -­‐  Sell  past  promotional  products  such  as  POOKS,  Water  Bobbles  

-­‐  Grant  funding  received  -­‐  Number  of  POOKS  or  Water  Bobbles  sold  

         

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Internal  Analysis  of  the  Enactus  Program  Strengths  

− Emphasis   on   the   business   student   element:   The   program   encompasses   the  entrepreneurial   and   leadership   characteristics   that   students  wish   to  master.  Not  only  does   it   enrich   the   experience   for   these   students,   but   also   their   understanding   of   the  quality  of  a  business  will  provide  them  with  the  knowledge  needed  to  compete   in  the  business-­‐world,  after  the  completion  of  their  studies.  

− Past   achievement   and   success:   In   the   program’s   first   year,   they   were   awarded   the  National   Rookie  Championship,  which   put   the  Nipissing  University   Enactus   group   on  the  map   and   gave   the   students   a   tremendous   amount   of   confidence   for   their   future  projects.  

− Social  media  presence:  the  program  has  maintained  a  great  social  media  graph  in  order  to   inform   and   engage   students   of   Nipissing   University   and   residents   of   the   City   of  North   Bay.   They   operate   on   various   social  media   platforms,   like:   Facebook,   Twitter,  and  Pinterest.  

 Weaknesses  

− Program   Webpage:   Although   the   Nipissing   University   Enactus   brand   has   made   a  prominent  position   in   the   social  media  world,   the  group  does  not  currently  possess  a  webpage  strictly  for  the  group  and  their  project  efforts.  

− Small  membership:  As  previously  discussed,  the  program  has  increased  its  membership  since   last   year,   but   wants   to   engage   and   retain   more   student   involvement,   from  students  in  various  disciplines  and  years  of  study.  

− Brand   awareness:   A   major   concern   for   the   Enactus   brand   is   its   ability   to   generate  awareness  for  its  efforts  in  rebranding  from  the  old  SIFE  brand.  

− No  financial  backing:  The  program  relies  entirely  on  fundraising  efforts  and  donations,  so  there  is  a  significant  strain  on  their  available  budget.  

 Opportunities  

− Joint  venture:  The  iLead  program  offered  at  Nipissing  University  is  considered  a  direct  competitor   to   the   Enactus   brand   and   their   initiatives.   The   brand   is   currently   in   the  works   of   discussing   collaboration   between   the   two   parties,   in   conjunction   with  university,   to   enable   students   to   complete   the   iLead   program   through   an   Enactus  initiative.  

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2013   REBRAND  ENACTUS  Dufour    /    Korecki     page  23  

       

   

− Enactus   alumni   students:   To   further   the   success   of   the   brand,   the   program   may  consider  contacting  past  students  for  their  involvement  or  donation  to  future  projects.  

− Orientation   efforts:   The   Enactus   brand   can   also   develop   an   initiative,   perhaps   in   the  form   of   an   informational   pamphlet,   that   can   be   distributed   to   prospective   students  during   open   houses   on   campus.   This   would   provide   awareness   and   can   generate  interest   for   those   students   considering   Nipissing   University   as   their   post-­‐secondary  institution.  

 Threats  

− Attrition  of  students:  As  is  the  case  with  most  initiatives  offered  through  an  institution,  students  eventually  graduate,   find   jobs,  move,  or   leave   the  university.   It   is   important  that  the  Enactus  program  continue  to  recruit  students  to  fill  these  empty  positions.  

− iLead  program:  This  program   is  considered  a  direct  competitor   to   the  Enactus  brand.  iLead   offers   students   the   ability   to   gain   credits   for   various   business-­‐related   course  offerings,  while  engaging  the  students  in  an  educational  and  international  experience.  

− New   club   formations:   Each   year,   both   schools   (Nipissing   University   and   Canadore  College)  host  Club  Daze  where  students  can  enlist   their  services  to  various  clubs,  who  operate  on  campus  as  well  as  in  the  community.  With  the  increase  of  new  students  and  the  continued  success  of  Club  Daze,  students  have  the  ability  to  create  their  own  clubs,  which  can  pose  a  threat  to  the  recruitment  problems  of  the  Enactus  brand.    

                     

     

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2013   REBRAND  ENACTUS  Dufour    /    Korecki     page  24  

       

   

Enactus  Adapted  Life  Cycle  (Adapted  from:  The  5  Life  Stages  of  Nonprofits,  Judith  Sharken  Simon,  2002)  

Invention

(Grass Roots) Incubation (Start-up)

Adolescent (Growing)

Sustainability (Mature)

Stagnation (Renewal)

Shut-Down (Decline)

Program -Informal organization -Perceived need for a program

-Mix of diverse and non-integrated activities -Strong commitment to delivering services

-Program begins to establish themselves in the market -Become credible and consistent in delivering services

-Core projects are established -Recognition in the community -New projects added

-Program loses sight of market -Hard to reach goals -Inconsistent program quality

-Loss of credibility -Failed client relationships -Decline in program quality

Management -Entrepreneurial and visionary leader

-Vision drives the organization

-Helps foster staff ideas

-Oversee projects -Founder likely to leave

-Mentor inaccessible and unable to meet deadlines

Staffing -All volunteer driven -No paid staff

-Small enthusiastic staff -Cooperation among staff

-Staff size increases -Membership based on mission and benefits

-Larger and diverse staff -Incorporate other student disciplines into projects

-Low staff morale -High staff turnover -Focus on individual goals rather than organizational goals

-Low number of volunteers -Conflict among staff -Key staff leave

Operations -No real ‘home office’

-Operations are flexible -Informal management -Few operational routines or systems in place

-Operational systems developed -Home office decided -Internal communication is developed

-Formal planning of program operations -Policies and procedures set in place -Formal communications

-Poor project planning occurs -Problems with operation systems not addressed

-Crisis occurs in program -Cannot provide accurate picture of financial situation

Finances and Fundraising

-Self-funded -Focus on gathering resources -Limited financial resources -Small budget -Overly dependent on few funding sources

-Establish relationship with funding sources -Cost considerations are important -Revenue options considered

-Reliable and diverse funding streams -Significant cash reserves -Expansion of program -Revenue generation

-Insufficient cash reserves -Falling behind financial obligations -No new funding sources

-Funding sources withdraw -Unable to meet financial obligations

Marketing -Minimal on-campus awareness -Little to no community awareness

-Word of mouth referrals and marketing -No formal public relations

-Word of mouth still primary tool -First official promotional material

-Professional image and promotional material developed -Marketing plan developed

-No real proactive marketing -Spending less on marketing

-Rumors in the community -Bad press -No marketing or preventative measures

 

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Enactus  Buyer  Behaviour  Table  –  Nipissing  University  Students  Who?   Business  Students  

(300+)  Environmental  

Students  (300+)  

First  Year  Students  (1,300)  

Upper  Year  Students  (3,500)  

What?   -­‐Work  experience  -­‐Career  expectations  -­‐Self-­‐funded  -­‐Volunteer  experience  

-­‐Work  experience  for  student  minoring  in  business  

-­‐Social  atmosphere  -­‐Relationship  building  

-­‐Knowledge  and  experience  -­‐Mature  student  

Where?   -­‐On-­‐campus  -­‐City  of  North  Bay  -­‐Social  media  outlets  

-­‐Nipissing  University  -­‐City  of  North  Bay  

-­‐On-­‐Campus  -­‐Residences  -­‐Frosh-­‐Kits  

-­‐On-­‐campus  -­‐City  of  North  Bay  

When?   -­‐Between  classes  -­‐Weekends  (not  throughout  exam  period)  

-­‐Field  testing  -­‐Between  classes  -­‐Weekends  

-­‐Preferably  not  during  school  hours  -­‐Weekends  

-­‐Avoid  confliction  with  other  assignments  -­‐Avoid  academic  interference  

Why?   -­‐Associate  with  fellow  peers  -­‐Networking  possibilities  -­‐Idea  of  “doing  good”  

-­‐Credible  experience   -­‐Volunteer    -­‐Peer  influence  

-­‐Good-­‐cause  -­‐Promote  leadership  

How?   -­‐Volunteer  groups  -­‐Influence  from  business  faculty  -­‐Fellow  peers  

-­‐Peer  recommended   -­‐Friends  -­‐Teachers  -­‐Parents  

-­‐Professors  -­‐Alumni  -­‐Industry  experts  

 

Enactus  Buyer  Behaviour  Table  –  Other  Consumers  Who?   High  School  Students  

(2000+)  Local  Non-­‐Profits   Corporate  Sponsors  

What?   -­‐Prep  for  university  -­‐Prospectus  -­‐Relationship  Building  

-­‐Awareness  and  improved  image  -­‐Relationship  building    

-­‐Cause  sponsorship  -­‐Company  awareness  

Where?   -­‐Nipissing  University  Open  House  and  info  seminars  in  high  schools  -­‐Social  events  

-­‐Around  the  North  Bay  community  

-­‐In  the  community  of  North  Bay  

When?   -­‐After  school  hours  -­‐Weekends  -­‐Final  year  of  secondary  education  

-­‐Events  -­‐Fundraisers  

-­‐Avoid  holidays  -­‐Avoid  other  company  events  

Why?   -­‐To  see  if  business  stream  is  right  for  him/her  -­‐Mandatory  Volunteer  hours  

-­‐Generate  awareness  for  a  cause  

-­‐Build  brand  equity  -­‐Positive  company  image  

How?   -­‐Parental  influence  -­‐Teachers  -­‐Friends  

-­‐Financial  benefits  from  donors   -­‐Provide  funding  -­‐Provide  company  resources