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INDEV 308: Introduction to Social
      Entrepreneurship

                       Class 7: Marketing Considerations

                                 Monday, June 20, 2011

Instructors:
Norm Tasevski (norm@socialentrepreneurship.ca)
Karim Harji (karim@socialentrepreneurship.ca)
                                                           1
© Norm Tasevski & Karim Harji
© Norm Tasevski & Karim Harji




Agenda

•    B Corporation
•    Marketing Considerations for Social Enterprise
•    What did we learn – Today?
•    Next Week




                                                                    3
Marketing for Social Enterprises…




                                    4
© Norm Tasevski & Karim Harji




A caveat…




 “Social    “Social
 Media”     Enterprise”




                                    5
© Norm Tasevski & Karim Harji




A Second Caveat…




    Marketing!     !   Sales!




                                                    6
© Norm Tasevski & Karim Harji




Where does Marketing Fit?




                                                7
© Norm Tasevski & Karim Harji




Some Definitions
•    Social Marketing is the systematic application of marketing, along with other concepts
     and techniques, to achieve specific behavioral goals for a social good.
      –    The primary aim of social marketing is "social good", while in "commercial marketing" the aim is
           primarily "financial". This does not mean that commercial marketers can not contribute to
           achievement of social good.
                                                                                                     Wikipedia
•    Cause Marketing (or cause-related marketing) is a mutually beneficial collaboration
     between a corporation and a nonprofit in which their respective assets are combined to
     (1) create shareholder and social value, (2) connect with a range of constituents (be
     they consumers, employees, or suppliers), and (3) communicate the shared values of
     both organizations.
                                                                         Jocelyn Daw (Marketing Consultant)
     –     Cause marketing differs from corporate giving (philanthropy) as the latter generally involves a
           specific donation that is tax deductable, while cause marketing is a marketing relationship
           generally not based on a donation.
                                                                                                      Wikipedia
•    Sustainable Marketing is the process of planning, implementing and controlling the
     development, pricing, promotion and distribution of products in a manner that satisfies
     the following three criteria: (1) customer needs are met (2) organizational goals are
     attained, and (3) the process is compatible with ecosystems.
                                                               Donald Fuller (Sustainable Marketing Consultant)
      –    Sustainable Marketing encourages the process of innovation by turning the marketing process into
           an experimental, iterative process that has close ties to the customer. Individuals and interactions
           on a daily basis are important. Customer Collaboration over customer transactions. Responding to
           change over blindly following a plan.
                                                                                                                8
                                                                Ivan Storck (founder, SustainableWebsites.com)
© Norm Tasevski & Karim Harji




Social Marketing

    Individual
                                     Mind            Heart          Spirit
    Social Enterprise




                        Mission     Deliver         Realize         Practice
                         (why)    Satisfaction     Aspiration     Compassion




                        Vision
                                  ProfitAbility   ReturnAbility   SustainAbility
                         (what)




                        Values                                      Make a
                                  Be Better       Differentiate
                         (How)                                     Difference


                                                                                                       9
© Norm Tasevski & Karim Harji




Examples of Social Marketing…




                                                  10
© Norm Tasevski & Karim Harji




Another Example of Social Marketing…
© Norm Tasevski & Karim Harji




  Examples of Cause Marketing…


One of the first…
     Another…
        Most Recently…




1983 – American        2006 – Bono &    2010 – Pepsi & the
Express & the Statue   Product (Red)
   Refresh Project
of Liberty
Restoration Project



                                                                    12
© Norm Tasevski & Karim Harji




Another Example of Cause Marketing…




                                                13
© Norm Tasevski & Karim Harji


Sustainable
Marketing…
© Norm Tasevski & Karim Harji




Sustainable Marketing…is tricky…
© Norm Tasevski & Karim Harji


Sustainable Marketing Toolkit
Checklist 1!
© Norm Tasevski & Karim Harji


Sustainable Marketing Toolkit
Checklist 2!
© Norm Tasevski & Karim Harji


Sustainable Marketing Toolkit
Checklist 3!
© Norm Tasevski & Karim Harji


Sustainable Marketing Toolkit
A Sample Decision Tree!
Marketing Considerations…




                            20
© Norm Tasevski & Karim Harji




Conventional & Unconventional Marketing




                                                    21
© Norm Tasevski & Karim Harji




Wheel of Marketing Misfortune




                                                  22
© Norm Tasevski & Karim Harji




Insight Led, or Trend Driven?




                                                  23
© Norm Tasevski & Karim Harji




Social Media…




                                  24
© Norm Tasevski & Karim Harji




…be careful!




                                 25
© Norm Tasevski & Karim Harji


Going Viral
4 C’s of Community!

•  Content

•  Context

•  Connectivity

•  Continuity




                                        26
© Norm Tasevski & Karim Harji


Marketing Considerations Specific to Social
Enterprise…

•  Communicating the social benefit alongside the
   product – how much do you weigh the social
   impact vs. price vs. product quality?

  –  One can dilute from the other

  –  This is a big problem for social enterprises (e.g. doing good
     means that quality sometimes isn’t there)




                                                                         27
© Norm Tasevski & Karim Harji




Social Impact vs. Price vs. Quality




                                                        28
© Norm Tasevski & Karim Harji




Other Considerations…

•  Using marketing as a Feedback Mechanism

  –  It is not just the marketing that you are putting out, but it is
     what your customers are feeding back to you that matters




                                                                            29
Break




        30
© Norm Tasevski & Karim Harji




The Investment Pitch…




                                                                   31
                        Source: Peter M. Evans (MaRS Advisor)
© Norm Tasevski & Karim Harji




The Investment Pitch…




                                                                   32
                        Source: Peter M. Evans (MaRS Advisor)
© Norm Tasevski & Karim Harji




What did we learn?




                                       33

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INDEV308 Class 7 - Marketing Considerations for Social Enterprise

  • 1. INDEV 308: Introduction to Social Entrepreneurship Class 7: Marketing Considerations Monday, June 20, 2011 Instructors: Norm Tasevski (norm@socialentrepreneurship.ca) Karim Harji (karim@socialentrepreneurship.ca) 1
  • 2. © Norm Tasevski & Karim Harji
  • 3. © Norm Tasevski & Karim Harji Agenda •  B Corporation •  Marketing Considerations for Social Enterprise •  What did we learn – Today? •  Next Week 3
  • 4. Marketing for Social Enterprises… 4
  • 5. © Norm Tasevski & Karim Harji A caveat… “Social “Social Media” Enterprise” 5
  • 6. © Norm Tasevski & Karim Harji A Second Caveat… Marketing! ! Sales! 6
  • 7. © Norm Tasevski & Karim Harji Where does Marketing Fit? 7
  • 8. © Norm Tasevski & Karim Harji Some Definitions •  Social Marketing is the systematic application of marketing, along with other concepts and techniques, to achieve specific behavioral goals for a social good. –  The primary aim of social marketing is "social good", while in "commercial marketing" the aim is primarily "financial". This does not mean that commercial marketers can not contribute to achievement of social good. Wikipedia •  Cause Marketing (or cause-related marketing) is a mutually beneficial collaboration between a corporation and a nonprofit in which their respective assets are combined to (1) create shareholder and social value, (2) connect with a range of constituents (be they consumers, employees, or suppliers), and (3) communicate the shared values of both organizations. Jocelyn Daw (Marketing Consultant) –  Cause marketing differs from corporate giving (philanthropy) as the latter generally involves a specific donation that is tax deductable, while cause marketing is a marketing relationship generally not based on a donation. Wikipedia •  Sustainable Marketing is the process of planning, implementing and controlling the development, pricing, promotion and distribution of products in a manner that satisfies the following three criteria: (1) customer needs are met (2) organizational goals are attained, and (3) the process is compatible with ecosystems. Donald Fuller (Sustainable Marketing Consultant) –  Sustainable Marketing encourages the process of innovation by turning the marketing process into an experimental, iterative process that has close ties to the customer. Individuals and interactions on a daily basis are important. Customer Collaboration over customer transactions. Responding to change over blindly following a plan. 8 Ivan Storck (founder, SustainableWebsites.com)
  • 9. © Norm Tasevski & Karim Harji Social Marketing Individual Mind Heart Spirit Social Enterprise Mission Deliver Realize Practice (why) Satisfaction Aspiration Compassion Vision ProfitAbility ReturnAbility SustainAbility (what) Values Make a Be Better Differentiate (How) Difference 9
  • 10. © Norm Tasevski & Karim Harji Examples of Social Marketing… 10
  • 11. © Norm Tasevski & Karim Harji Another Example of Social Marketing…
  • 12. © Norm Tasevski & Karim Harji Examples of Cause Marketing… One of the first… Another… Most Recently… 1983 – American 2006 – Bono & 2010 – Pepsi & the Express & the Statue Product (Red) Refresh Project of Liberty Restoration Project 12
  • 13. © Norm Tasevski & Karim Harji Another Example of Cause Marketing… 13
  • 14. © Norm Tasevski & Karim Harji Sustainable Marketing…
  • 15. © Norm Tasevski & Karim Harji Sustainable Marketing…is tricky…
  • 16. © Norm Tasevski & Karim Harji Sustainable Marketing Toolkit Checklist 1!
  • 17. © Norm Tasevski & Karim Harji Sustainable Marketing Toolkit Checklist 2!
  • 18. © Norm Tasevski & Karim Harji Sustainable Marketing Toolkit Checklist 3!
  • 19. © Norm Tasevski & Karim Harji Sustainable Marketing Toolkit A Sample Decision Tree!
  • 21. © Norm Tasevski & Karim Harji Conventional & Unconventional Marketing 21
  • 22. © Norm Tasevski & Karim Harji Wheel of Marketing Misfortune 22
  • 23. © Norm Tasevski & Karim Harji Insight Led, or Trend Driven? 23
  • 24. © Norm Tasevski & Karim Harji Social Media… 24
  • 25. © Norm Tasevski & Karim Harji …be careful! 25
  • 26. © Norm Tasevski & Karim Harji Going Viral 4 C’s of Community! •  Content •  Context •  Connectivity •  Continuity 26
  • 27. © Norm Tasevski & Karim Harji Marketing Considerations Specific to Social Enterprise… •  Communicating the social benefit alongside the product – how much do you weigh the social impact vs. price vs. product quality? –  One can dilute from the other –  This is a big problem for social enterprises (e.g. doing good means that quality sometimes isn’t there) 27
  • 28. © Norm Tasevski & Karim Harji Social Impact vs. Price vs. Quality 28
  • 29. © Norm Tasevski & Karim Harji Other Considerations… •  Using marketing as a Feedback Mechanism –  It is not just the marketing that you are putting out, but it is what your customers are feeding back to you that matters 29
  • 30. Break 30
  • 31. © Norm Tasevski & Karim Harji The Investment Pitch… 31 Source: Peter M. Evans (MaRS Advisor)
  • 32. © Norm Tasevski & Karim Harji The Investment Pitch… 32 Source: Peter M. Evans (MaRS Advisor)
  • 33. © Norm Tasevski & Karim Harji What did we learn? 33