Title: After School Programming for Entrepreneurs
1After School Programming for Entrepreneurs
- Five Steps to Successfully Launching your
Business Venture
2Five Steps to Launch
- 1. Commit to a Business Paradigm
- 2. Research Consumer Needs
- 3. Develop Marketing Strategy
- 4. Develop Business Plan
- 5. Launch Product
3Step One Commit to a Business Paradigm
- School is Mandatory.
- After School is Voluntary.
- Older school students must be solicited as
customers, as they would by any other business
interest targeted at adolescents. - Its as if every student that comes through the
turnstiles is paying an admission fee.
4Step One Commit to a Business Paradigm
- After school time is a competitive marketplace
with several well-marketed products readily
available.
5Step One Commit to a Business Paradigm
- Nickelodeon Commercials
- What were the overall messages?
- What images stood out?
- How do the spots appeal to tweens?
- Convenience
- Competition
- Product Tie-Ins
- Autonomy
6Step One Commit to a Business Paradigm
- All successful business ventures must be able to
clearly articulate an answer to the question,
Why should your customers do business with you,
instead of someone else?
7Step One Commit to a Business Paradigm
- Educators want to provide activities that
support academic achievement after school. - Students want to have fun with their friends
after school.
8Step One Commit to a Business Paradigm
Follow the logic
- Educators require student participation to meet
their goal. - Students do not require educator participation
to meet their goal. - Therefore, an after school program will not be
successful unless it makes meeting the students
goals a priority.
9Step Two Research Consumer Needs
- You cant develop a product that will appeal to
your consumers unless you know what your
consumers want.
10Step Two Research Consumer Needs
- Lets Play the Feud!
- What is a characteristic of a teenage student?
- What do teenage students like to do?
11Step Two Research Consumer Needs
- The best way to learn what your consumers want
is to ask them. - Conduct focus groups among the various
sub-cultures of your school.
12Step Two Research Consumer Needs
- Explore adolescent culture by learning what is
cool in - Music
- Fashion
- Television
- Hobbies
- Trends
13Step Two Research Consumer Needs
- Generate a variety of product model ideas and
test them in focus groups.
14Step Two Research Consumer Needs
- Keys to Understanding Consumer Needs
- Listen, listen, listen.
- No hidden agendas.
- No pre-conceived notions.
- Dont sell your ideas, sell their ideas.
15Step Three Develop Marketing Strategy
- Determine the available media to communicate
your message. - Public address
- School newsletter
- Daily bulletin
- Closed-circuit TV
- Assemblies
16Step Three Develop Marketing Strategy
- Name Your Product.
- Develop a Logo.
- Test with Focus Groups.
17Step Three Develop Marketing Strategy
- Sell benefits, rather than features.
18Step Three Develop Marketing Strategy
- Recruit your spokespersons.
- Your consumers are peer-focused.
- Know which consumers are held in high regard.
- Utilize their coolness as an asset to sell your
product.
19Step Three Develop Marketing Strategy
- Educate your consumers through words and
pictures. - Back up claims with pictorial evidence.
- Show your consumers having fun.
20Step Three Develop Marketing Strategy
- What is the best selling kids cereal?
- The one that tastes best?
- The one with the best character?
- The one with the best add-on ingredient?
- The one with the most health benefits?
- Answer at end of presentation.
21Step Four Develop Business Plan
- Analyze the assets your parent company has to
assist you. - Existing after school programs
- Popular teachers
- Facility space
22Step Four Develop Business Plan
- Students are on your campus after school doing
something. Your job is to find out what those
things are. - Sports
- Band
- Academic Clubs
- Student Government
23Step Four Develop Business Plan
- Teachers are on your campus after school doing
something. Find out who they are, what theyre
doing, and how much, if anything, theyre getting
paid. - Tutoring
- Special projects
- Alternative learning
24Step Four Develop Business Plan
- Learn who the cool teachers are on campus.
They tend to fit a favorable profile for
overtime work - Younger
- Low end of pay scale
- Fewer family conflicts
- Higher energy
25Step Four Develop Business Plan
- Teachers as Salespersons
- Should constantly be recruiting.
- Must cost-justify their salaries.
- Held to quotas.
- Hired on temporary basis.
- Must justify the educational value of their
product offerings.
26Step Four Develop Business Plan
- Make the best use of your greatest assets you
and your staff. - What skills and talents do you all bring to the
program?
27Step Four Develop Business Plan
- Use the war board technique to link identified
needs with existing assets. - This will also reveal your asset gaps.
NEEDS
ASSETS
28Step Four Develop Business Plan
- Where gaps exist, consider sub-contracting with
community-based service providers to meet the
needs. - Dance classes
- Martial arts
- Musicians
- Artists
29Step Five -Launch Product
- Media Blitz
- Every consumer in your target market must know
your product is available. - Every consumer in your target market must know
how to access your product.
30Step Five Launch Product
- Eliminate All Risk to Customer.
- 500 consumers must try your product to develop
100 loyal customers. - No obligation to join.
- Pre-enrollment waiver.
- Add/drop period.
31Step Five Launch Product
- Test and Revise Everything.
- Research and Development is ongoing.
- Change or eliminate anything that is not working.
- Test new products at every opportunity.
32Step Five Launch Product
- Re-Launch Products Periodically.
- Marketing efforts are ongoing.
- Re-introduce products with new campaigns.
- Turn old favorites into new and improved
products.
33Step Five Launch Product
- Reward your Best Customers.
- Dont take loyalty for granted.
- Publicly acknowledge best attendance.
- Rewarding customers creates an atmosphere of
caring.
Thank You
34Step Five Launch Product
- Stick with What Works.
- Let your customers tell you when they need a
change. - Offer multiple classes of most popular
activities. - Ride that camel until it dies.
35Answer to Trivia Question
- The best selling cereal is Cheerios!
- Why?
- Kids think it tastes good.
- Parents think its healthy.
- Parents ultimately make the purchase, but they
dont want to waste money on something their kids
wont eat.
36Moral of the Story
- If you want your child to eat a healthy
breakfast, dont force oatmeal on them. - Aim for the cheerios balance, but start with
cocoa puffs if you have to. - Otherwise, theyll spend their lunch money at
the candy machine.
37Contact Information
- For an electronic copy of this presentation,
please email me at - samick_at_sdcoe.net