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After School Programming for Entrepreneurs

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amick.lcap_at_gmail.com. 1. After School Programming for Entrepreneurs ... amick.lcap_at_gmail.com. 2. Five Steps to Launch. 1. Commit to a Business Paradigm ... – PowerPoint PPT presentation

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Title: After School Programming for Entrepreneurs


1
After School Programming for Entrepreneurs
  • Five Steps to Successfully Launching your
    Business Venture

2
Five Steps to Launch
  • 1. Commit to a Business Paradigm
  • 2. Research Consumer Needs
  • 3. Develop Marketing Strategy
  • 4. Develop Business Plan
  • 5. Launch Product

3
Step 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.

4
Step One Commit to a Business Paradigm
  • After school time is a competitive marketplace
    with several well-marketed products readily
    available.

5
Step 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

6
Step 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?

7
Step 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.

8
Step 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.

9
Step Two Research Consumer Needs
  • You cant develop a product that will appeal to
    your consumers unless you know what your
    consumers want.

10
Step Two Research Consumer Needs
  • Lets Play the Feud!
  • What is a characteristic of a teenage student?
  • What do teenage students like to do?

11
Step 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.

12
Step Two Research Consumer Needs
  • Explore adolescent culture by learning what is
    cool in
  • Music
  • Fashion
  • Television
  • Hobbies
  • Trends

13
Step Two Research Consumer Needs
  • Generate a variety of product model ideas and
    test them in focus groups.

14
Step 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.

15
Step Three Develop Marketing Strategy
  • Determine the available media to communicate
    your message.
  • Public address
  • School newsletter
  • Daily bulletin
  • Closed-circuit TV
  • Assemblies

16
Step Three Develop Marketing Strategy
  • Name Your Product.
  • Develop a Logo.
  • Test with Focus Groups.

17
Step Three Develop Marketing Strategy
  • Sell benefits, rather than features.

18
Step 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.

19
Step Three Develop Marketing Strategy
  • Educate your consumers through words and
    pictures.
  • Back up claims with pictorial evidence.
  • Show your consumers having fun.

20
Step 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.

21
Step Four Develop Business Plan
  • Analyze the assets your parent company has to
    assist you.
  • Existing after school programs
  • Popular teachers
  • Facility space

22
Step 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

23
Step 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

24
Step 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

25
Step 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.

26
Step 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?

27
Step 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
28
Step 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

29
Step 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.

30
Step 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.

31
Step 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.

32
Step 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.

33
Step 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
34
Step 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.

35
Answer 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.

36
Moral 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.

37
Contact Information
  • For an electronic copy of this presentation,
    please email me at
  • samick_at_sdcoe.net
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