Nawmba Case Competition Smith School - Presentation Transcript
2008 Case Competition 2009 NAWMBA Conference Marketing Plan Robert H. Smith School of Business Catherine Corso Lauren DeStefano Jaya Kothari Kristi Zobel Yi (Zoe) Zhou
2004: University of Virginia 20 Sponsors 300 Attendees 2005: Rice University 42 Sponsors 620 Attendees 2006: Washington University 70 Sponsors 900 Attendees 2007: University of Maryland 76 Sponsors 1750 Attendees Future Goal…. 200 Sponsors 5000 Attendees
NAWMBA Proposition Sponsors Student Attendees Professional Attendees NAWMBA Target
OBJECTIVES
Increase awareness & visibility
Focus on implementation
2 Conference/Job Fair Case Competition Scholarship Programs Pre-conference Prep Student Chapters Professional Chapters Magazine/Newsletter Networking Programs Web Based Forum Executive Forums Career Coaching Mentor Program
SHORT-TERM LONG-TERM $23,600 $26,400 Total $50,000 3
Promotion Campaign Attendees – Career Office Representatives She serves as a school representative at career conferences and promotes career development for her students. Total Budget: $3,100 She is… Implementation Plan
Phase 1: Identification of Career Coaches
Phase 2: Relationship Development ( Oct’08 -Spring’09)
Meet at the 2008 Conference
Mail NAWMBA magazine, posters, membership invitation
Invite her to local chapter meetings
Make her the ‘NAWMBA representative’
Phase 3: Conference Promotion (Aug’09 – Oct’09)
Mail Career fair posters, invitation
Keep in touch – follow up
Support pre-conference meeting at the school
Kecia, a Career Coach from Smith’s Office of Career Management 4
Promotion Campaign Attendees – Professional Chapters Implementation Plan
Phase 1: Pre-Kick Off Meeting (Jan’09)
Compile list of professional women members
Send invitation
Phase 2: Meeting (Feb’09)
Launch 2009 NAWMBA conference & events
Create networking opportunities with local professionals and MBAs
Phase 3: Post Meeting (March’09 onwards)
Collect Feedback
Event Reminders
They are… Chapters such as NAWMBA’s DC Professional Chapter Total Budget: $10,100
Can be hosted by NAWMBA; student, professional and executive members are invited.
New members can network with other professionals and learn about NAWMBA’s outlook for 2009.
5 2009 DC Chapter Kick-Off Meeting
Promotion Campaign Attendees – Women MBA Clubs The club hosts numerous events and seeks to target women leadership from top companies. However, they lack resources and contacts to achieve their goal. Smith Association of Women MBA A Chapter of the National Association of Women MBA They are… Implementation Plan
Phase 1: Segment the list of Women Club as follows:
Geographic location of school
Level of activity & association with NAWMBA
Select 20 representative schools
Phase 2: Contact leadership team ( Spring’09)
Decide on the event to be Co-Branded
Phase 3: Co-Brand the event (Fall’09)
Help in scheduling Corporate Speakers
Launch 2009 NAWMBA conference & events
Follow up with event attendees
Total Budget: $6,400 A student chapter of NAWMBA, comprised of 100 members 6 SAW MBA
Promotion Campaign Attendees – Existing Members NAWMBA Members Nina and Nancy are interested in exploring career related options, yet know little about the NAWMBA conference and the opportunities that it presents. Implementation Plan
Phase 1: Introducing NAWMBA offering
Email members newsletter, informing them about latest on-going NAWMBA’s events
Mail members Women MBA magazine
Phase 2: Encourage Engagement
Encourage sign up for personal career center via email
Invite them to career panel, workshops
Alumni sponsored “Meet the Members" dinner
Phase 3: “Last Minute” Promotion
Email Privilege Card providing member discount - ‘Feel Special’ perception
Create sense of urgency
Total Budget: $3,200 They are… Nina and Nancy are two working professionals and existing NAWMBA members 7
Promotion Campaign Sponsors They are… Women such as Angela Braly, the only woman heading a Fortune 50 company. Target potential sponsors via personalized, congratulatory notes. Build relationships with sponsors and brief them about NAWMBA. Goal: Obtain Testimonials from Potential Sponsors Fortune 50 Most Powerful Women In Business 2008 Total Budget: $4,400 8
Phase 1: Segment current sponsors & define new target sponsors
Executive women leader. Eg. Fortune 500
Companies promoting diversity
Local Mid-Size companies
Non-Profit/ Gov department
Phase 2: Focused communication & relationship building
Send greeting emails/organization brochures to key sponsor contacts
Conduct Ambassador visit to sponsors
Phase 3: Encourage engagement
Invite to conference for dinner keynotes, workshop
Real-time integration of attendees, sponsors and NAWMBA
Customize profile matching
Continuous relationship building after conference
Prior Event Marketing Booth Sales Total Budget: $10,000 10 network Now! starts making matches as soon as details come in… (+behavioral data) 2. Attendees and Sponsors register for event 1. Attendees … appointment scheduling begins! 3.
NAWMBA Conference Manager/ organizer Relationship Management Networking Software…2/2 Example: NetworkNow! Software 11 Attendee to Attendee Sponsor “invitation only” sessions or interviews Sponsors to Sponsors Sessions Attendee to Session Attendee Sponsors
Relationship Management NAWMBA Ambassador AMBASSADOR She has been actively involved in NAWMBA and wants to work for the advancement of women. She is eager to promote NAWMBA ‘s mission and see it grow. Total Budget: $9,500
Role:
Communication channel among NAWMBA, sponsors and members
Responsibilities:
Personal visit to sponsors, executive women, key chapter school to promote NAWMBA mission and job conference
Attending events, such as professional chapter meeting, women MBA club events
Develop leads for sponsorships: local companies, non-profits etc.
Ambassadors Role and Responsibilities Sherika is a successful professional 12 She is…
Relationship Management 25 Years of NAWMBA Celebration Contents 25 Years Booklet
Leadership Team
Patrons
Mission
Journey
Purpose:
Enhance Credibility amongst existing members & sponsors
Reach out to non-active members
Plan:
2009 Communication Theme – print/online
Celebration Dinner at the conference
Recognition of NAWMBA patrons
Alumni
Sponsors
Purpose and Action Plan Total Budget: $2,800
Testimonials
Future
13
Resource Leverage Public Relations and Free Media Public Relations Expand presence in Social Networks 14 Women Executives from GE & other organizations at the NAWMBA conference Workshop on Resumes Women discuss work-life balance
Implementation Timeline Oct Sep Aug July Jun May Apr Mar Feb Jan Dec Nov Attendees Campaigns Career Office Campagin Profession Chapter Kick-off Meeting Sponsors Campaigns Fortune 500 Top 50 Powerful Women Local/Non-profit/Gov. Relationship Relationship Management 25 Years Celebration Success Story Campaign Network Platform Women MBA Club Co-branding Existing Members 16
Testimonials
Q & A 17
APPENDIX 18
Analysis Framework Student Attendees Professional Attendees Sponsors -------- Situational Analysis -------- -------- Promotion Campaigns -------- Understanding Situation Solutions 2009 NAWMBA Conference Goal Increase Attendee to 5,000 Increase Sponsor to 200 Networking & Communication Platform -------- Relationship Management -------- 19 Marketing Strategy Segmentation and Positioning External Market Analysis Organization Analysis
Budget – Promotion Campaign 20
Budget – Relationship Management 21
Budget – Campaign Break-Up 22
Relationship Management Success Story Campaign . Rewarding Experience for the sponsor Rewarding Experience for the attendee 1 23
Campaign Material Refinement 2008 Campaign Material Implementation Plan
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