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Start A Socially Conscious
Business

with Zack Rosenberg
Vytalsygns

About Zack Rosenberg, Founder of DoGoodBuyUs
Definitions
– Social Enterprise: A business that incorporates
giving back with every transaction
• Can be both nonprofit and for profit ventures
• Ex: TOM’s Shoes is for profit
• Ex: Girl Scout cookies is non profit

– Corporate Social Responsibility (CSR): Initiative
to assess and take responsibility for the
company's effects on the environment and
impact on social welfare
• $15 billion dollars a year is raised through CSR
programs
– Ex: GAP RED
5
Who is Doing It?
– Social Enterprise: TOMS: “Buy a pair of Shoes and a
Pair is given to someone in need”
• Projected revenue from 2013 is $300 million with more than
10 million pairs of shoes to be donated since it’s inception
• 0 is the amount of money they have spent on advertising

– Corporate Social Responsibility (CSR): Mastercard
partnered with StandUp2Cancer raising over $4mm in
2012!
• 1 billion media impressions and 1 million engaged fans, 3x
growth in 8 months
11% category growth, outpacing category by 2x
Why We Exist
6
Still Not Convinced?
– More than ever, consumers are looking for
ways to Do Good
• Consumer shopping habits:
– 46% of Americans are willing to pay up to 20% more
for an item that they perceive gives back to society
(Nielsen, May 2012)
– 56% of online shoppers bought a product specifically
because it gives back, versus 18% YAG (eMarketer,
January 2013)

Why We Exist
7
Still Not Convinced?
– More than ever, consumers are looking for
ways to Do Good
• Customer Retention
– 10-15% per year increase in sales from customers
aware of your CSR efforts (Tuck School of Business,
Dartmouth)

Why We Exist
8
Still Not Convinced?
– More than ever, consumers are looking for
ways to Do Good
• Recruitment:
– 70% of millennials aged 18 to 26 would take
lower compensation to work for a company
who shared their commitment to the
community (Deloitte, August 2012)

Why We Exist
9
How Can It Tie Into My Business
– Facebook launched internet.org in August of 2013
to bring internet to the next 5 Billion people
• Who benefits from 5 Billion more people having access
to the internet? Facebook of course!

– Visa has partnered with the Gates Foundation and
others to create financial inclusion programs
allowing the underserved ways to pay and get paid
using the devices they own
• Visa Directly benefits by giving more people the
opportunity to use their services while filling a crucial
need
Why We Exist
10
Story Selling
Because of You, Amazing Projects came to life.
Through the sale of bug spray, we were able to
send 12 women back to school on scholarship.

Why We Exist
11
Where Can I Begin
Does your business offer sales and discounts? Why
not make them in exchange for canned goods and
used coats.
Partner with a local organization and co-host an
event or fundraiser
Allow employees a day or two per month to donate
their time to a nonprofit
Create a product that gives back with each purchase
Why We Exist
12
Contact:
Zack Rosenberg
Founder, DoGoodBuyUs
O: 646 438 9577
zack@dogoodbuy.us

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Start a socially conscious business

  • 1. Start A Socially Conscious Business with Zack Rosenberg
  • 2. Vytalsygns About Zack Rosenberg, Founder of DoGoodBuyUs
  • 3.
  • 4.
  • 5. Definitions – Social Enterprise: A business that incorporates giving back with every transaction • Can be both nonprofit and for profit ventures • Ex: TOM’s Shoes is for profit • Ex: Girl Scout cookies is non profit – Corporate Social Responsibility (CSR): Initiative to assess and take responsibility for the company's effects on the environment and impact on social welfare • $15 billion dollars a year is raised through CSR programs – Ex: GAP RED 5
  • 6. Who is Doing It? – Social Enterprise: TOMS: “Buy a pair of Shoes and a Pair is given to someone in need” • Projected revenue from 2013 is $300 million with more than 10 million pairs of shoes to be donated since it’s inception • 0 is the amount of money they have spent on advertising – Corporate Social Responsibility (CSR): Mastercard partnered with StandUp2Cancer raising over $4mm in 2012! • 1 billion media impressions and 1 million engaged fans, 3x growth in 8 months 11% category growth, outpacing category by 2x Why We Exist 6
  • 7. Still Not Convinced? – More than ever, consumers are looking for ways to Do Good • Consumer shopping habits: – 46% of Americans are willing to pay up to 20% more for an item that they perceive gives back to society (Nielsen, May 2012) – 56% of online shoppers bought a product specifically because it gives back, versus 18% YAG (eMarketer, January 2013) Why We Exist 7
  • 8. Still Not Convinced? – More than ever, consumers are looking for ways to Do Good • Customer Retention – 10-15% per year increase in sales from customers aware of your CSR efforts (Tuck School of Business, Dartmouth) Why We Exist 8
  • 9. Still Not Convinced? – More than ever, consumers are looking for ways to Do Good • Recruitment: – 70% of millennials aged 18 to 26 would take lower compensation to work for a company who shared their commitment to the community (Deloitte, August 2012) Why We Exist 9
  • 10. How Can It Tie Into My Business – Facebook launched internet.org in August of 2013 to bring internet to the next 5 Billion people • Who benefits from 5 Billion more people having access to the internet? Facebook of course! – Visa has partnered with the Gates Foundation and others to create financial inclusion programs allowing the underserved ways to pay and get paid using the devices they own • Visa Directly benefits by giving more people the opportunity to use their services while filling a crucial need Why We Exist 10
  • 11. Story Selling Because of You, Amazing Projects came to life. Through the sale of bug spray, we were able to send 12 women back to school on scholarship. Why We Exist 11
  • 12. Where Can I Begin Does your business offer sales and discounts? Why not make them in exchange for canned goods and used coats. Partner with a local organization and co-host an event or fundraiser Allow employees a day or two per month to donate their time to a nonprofit Create a product that gives back with each purchase Why We Exist 12
  • 13. Contact: Zack Rosenberg Founder, DoGoodBuyUs O: 646 438 9577 zack@dogoodbuy.us