West Side Neighborhood Project Marketing Plan Professor Manoj Agarwal’s Marketing Strategy Class at Binghamton University Team Two: Spencer Weisser, Linda Ng, Michelle Chew, Tom Klim, and Leo Porto Items for discussion at next meeting: Financial Presentation date/availability Logistics the districts Timeline: 10/30/12- Check-in with Professor Agarwal 11/30/12- Next meeting with Alycia 12/?/12- Presentation for WSNP 12/5/12- Final copy Marketing Plan 1 Analysis a Industry b Competition c Firm d Customers 2 Segmenting, Targeting, Positioning a Segments b Targets c Positioning 3 Marketing Mix a Product b Price c Place d Promotion 4 Recommendations 5 Financial Considerations and Budget a Financial Considerations b Budgeting 6 Implementation and Control Plan a Implementation b Control Plan Section One: Analysis Industry o The West Side Neighborhood Project is a grassroots initiative which will see a great amount of success with the increasing number of volunteers. People who volunteer, show support, or promote ideas will make Binghamton’s West Side a nicer place to live, work, or enjoy. As per the “2011 Accomplishments” on the WSNP website, there are over 750 supporters.Questions: ■ How many of these are actual volunteers? ■ How many show up to meetings and suggest ideas? ■ What has been your best method so far in recruiting supporters/volunteers? o The WSNP can gain more volunteers/supporters by: ■ Working with Binghamton University to earn credit for student volunteers. Marketing students can work on behalf of the WSNP. Accounting or entrepreneur students can team up with local businesses. Those who are studying art or landscaping can help improve the visual appeal of the West Side. Engineering and architecture students can help with the remodeling or building of new homes/storefronts. If the WSNP wants to cater to students, then the students have to know that they can make a physical difference. ■ Working with the BU athletic department and specifically SAAC (student athlete advisory committe) to recruit groups of volunteers for maintenance and working WSNP sponsored events ■ Teaming up with local businesses/eateries that have not yet been reached. Ask all the owners of businesses on Main Street if they have website or social media page. WSNP can link to their content through your Facebook page, and maybe even promote certain events or specials that those businesses are running. In turn, they will likely help out the WSNP. ■ Reach out to landlords, especially those who are struggling. If you give them more student tenants then they are more likely to help out or suggest ideas. Have landlords collaborate at a public venue for a “Student Housing Convention,” where leases can be signed for the upcoming school year, pushing students from BU to the West Side. This would be few weeks before campus has people sign up for housing. ■ Promote yourself at cultural centers and religious places. Have churches announce specific volunteering events. On occasions such as parades or street fairs, have people on the floor promoting the WSNP. Competition ● Binghamton University housing ● University Plaza housing ● Questions: ○ Are you against students moving to the downtown area by Court Street and State Street? And Twin River or Hawley? Yes, those are tenants that could have potentially lived in the West Side, but the student support or local bars and restaurants in the downtown area can be seen as a positive. Student activity has definitely grown in this location, and that is pressuring students to move off campus. ○ If local businesses choose not to locate themselves in Binghamton’s West Side, where else are they looking to be? ○ Nearby areas where family housing has been growing? Firm & Customers Overview: Is a relatively new movement to make the West Side of Binghamton a more attractive, safe, diverse, and fun place to live. In order to do so, WSNP is attempting to lure new homeowners, tenants, businesses, landlords, and religious institutions to the area in order to rejuvenate the West Side’s culture and public image. WSNP supports the objectives from the Mayor’s Commission on Housing and Home Ownership: 1 2 3 4 Promote student housing Promote landlord accountability Increase home ownership Build healthy neighborhoods Key Accomplishments 1 Legislation bills passed improving housing conditions and reducing zoning conflicts 2 Over 750 supporters and growing 3 WSNP honored by Mayor Matt Ryan and fellow officials with Friend of the City Award. Upcoming Challenge ● Keeping current members engaged + attracting new volunteers to complete tasks and projects Solutions: ● WSNP interests align with student interests, largely untapped student base available ○ Resume building, improves community students live in How In our previous meeting we discussed the prevalence of numerous frats, sororities, sports teams, clubs etc currently residing on the West Side. These groups are attracted to the West Side because of the numerous options for group housing. These groups are almost always looking for ways to improve their groups (frat, sorority, club, team etc) public image, and give back to the community. Many of these teams and groups could provide the numbers required to get these grassroots campaigns off the ground. Not only would it be geographically convenient for these groups to work for WSNP, but they would be able to see the fruits of their labor daily. These large groups could quickly spread the word of WSNP’s upcoming events due to their large network and influence. When I discussed the prospect of working with WSNP to several influential members of the athletic department they seemed eager to work together. I am including the contact email of an AD employee who could organize a sports team or group to volunteer for WSNP. (lreynold@binghamton.edu) This contacts name is Linda Reynolds and she has volunteered for WSNP in the past. The proposed partnership would help to serve WSNP purposes as well as improve the reputation of BU and specifically its athletic department. We have prioritized the key issues we see as being relevant to your success. Currently your efforts should be largely aimed at making the West Side a safer environment for all inhabitants. A less crime riddled West Side is very important to changing public perception and opinion of the West Side. We firmly believe that once the stigma of the West Side being dangerous is out the window, people will be drawn to the West Side and significantly less pull activities will be needed to draw customers in. The disconnect between BU students and the city of Binghamton is too strong as it stands. Freshmen are mandated to complete one calendar year of credits on campus so we can take them out of our immediate target market. When upperclassmen look for a place to live off campus they consider several attributes that the West Side already contains. Some of the most important attributes a student seeking housing might consider are price, parking, laundry, safety, size of bedrooms, overall cleanliness, and proximity to fun places. What many students do not realize is the West Side can offer a unique combination of all of these elements. The majority of the houses and apartments offer a washer and dryer which is convenient and valuable to students. The West Side offers many options for food, live music, and recreational facilities that students could enjoy in their leisure time. One selling point that WSNP can leverage is the ability to have a lawn. This commonly overlooked feature will remind many students of home, and cannot be offered by competitors. In my tenure on the West Side, the rooms are approximately the size of a dorm room on campus and offer the privacy of living by yourself. One tactic the advertising and promotions material could include is the ability to have the experience of living on your own prior to when you enter the workforce. Living on your own allows you to take the first step into the real world, and what your life will be like after college. A smooth transition to the work force could be aided by past experiences in balancing your daily schedule from an apartment or small home. From a price aspect, the West Side offers a superior assortment of cheaper options than what is readily available anywhere else. While places such as UP, Twin River Commons, Hawley Street are the West Sides direct competition, they occupy a different niche within the housing market. College students are almost always hard pressed for money, and many will jump at opportunities to save hundreds of dollars per month.. Currently there is not enough general knowledge of how much cheaper housing can be on the West Side compared to places such as UP, Hawley, and Twin River. The apartments on the West Side are generally in the $300-600 per month range. The options previously listed can run anywhere from $800-1,000. If this price differential was more widely known, an influx of price sensitive student tenant would ensue. More often than not parents or guardians have to “sign off” on their child’s housing arrangements. You must convince these parents and guardians that they are not sacrificing their children’s safety while paying drastically less than they would at any one of your competitors. Overall the West Side is safe place to live but some additional steps can be taken in order to ensure parents stamp of approval. For example, covered bus stations with seats would be a good selling point to students without their own transportation.. The websites for Hawley, TRC, and UP all advertise the proximity of the bus lines to their buildings. Students and prospective tenants must immediately be made aware that there are conveniently located bus stops all across the west side when they visit your website. The current bus schedule is relatively reliable. The covers for bus stations would make residents feel more comfortable and protected from poor weather. Additionally if a contract could be reached to provide additional bus routes both to and from downtown Binghamton, this would solve a major setback students may be negatively affected by. The majority of crime in the area occurs at night between downtown bars and the students apartments. An organized and safe system of transportation could nullify this negative aspect. This busing system would need to priced at or below the price of a cab ($3) so we could market the this an additional measure making the West Side easier on the wallet. Section Two: Segmentation, Targeting, and Positioning Segmentation 1 Students at Binghamton University The first segment which WSNP is entertaining are Students, specifically those at Binghamton University. Students are required to live on campus for a full academic year, however after that is up, where they live is fair game. Students have a few options: University Plaza, Hillside/Susquehanna (upperclassman dorms), 20 Hawley Street, Twin River Commons, or renting in the cities of Binghamton or Johnson City. WSNP specifically deals with a section of the city of Binghamton, the West Side, which extends along Main Street. When looking at moving to the West Side, students would take many things into consideration, including but not limited to, price, location (especially in regards to school), transport, acquaintances, businesses, landlord, serviceability, and safety. 2 Other Renters The second segment which WSNP deals with are other renters, specifically those who are not students but would like to live in the Binghamton area. These may be younger people, such as recent graduates, or singles looking to work locally, or families, or older people, such as the large population of retirees whom already populate the West Side. Many of the same considerations for moving the West Side as the students are probed, such as price, location, transport, acquaintances, business, landlord, serviceability, and safety, but perhaps there are additional aspects, such as future ownership prospects, education, or job opportunities. 3 Owners and Investors The third segment which WSNP will acknowledge are Owners and Investors. There are people who are injecting capital into the West Side, either through the purchase of real estate for owning, leasing or development. The considerations for them are the return on their investments, target markets and potential customers, development opportunities, location, transportation, prices (real estate), safety, serviceability, and resale. 4 Businesses The fourth and final segment which WSNP will deal with is Businesses. Businesses are perhaps the most important segment because all others, Student, other renters and owners or investors, take the businesses in the area into consideration before moving or investing in the West Side. They hope to create new opportunities by working with Binghamton’s Economic Development Office. Current needs are for Banks and new food or drink Businesses. Businesses can also serve a double function as Sponsors for the area for such events as Music Festivals. Targeting Potential ideas for Targets ● Price conscious students ● Students who want freedom ● Students who want safety ● Students who want to be close to Downtown Binghamton ● Businesses who want access to a large base of student and older consumers ● Businesses who want to support the growth of the West Side, become sponsors for things such as Music Festivals ● Investors who want cheap property ● Owners who would like to lease to students and singles ● Social Media users in the Southern Tier ● Growing list... Positioning The best positioning for the WSNP and the West Side businesses can be described as the following: Mainstream appeal for cheap housing and business development for all entities. They are not looking for a small, specific group of people to invest and live on the West Side; anyone who is interested in a community that provides cheaper housing than the surrounding areas, as well as cheap opportunities to develop business in the area would be targeted here. While it may seem that using a mainstream approach would be more expensive, developing individual marketing materials for specific segments would end up being more costly. Thus our general recommendation would be to make materials accessible to all persons; rather than seven different brochures for Volunteers, Sponsors, Students, Renters, Investors, Fustic Festival patrons, etc., WSNP should make their materials all encompassing. Section Three: Marketing Mix Product What exactly is the West Side Neighborhood Project? It is a local organization dedicated to building a community that is welcoming to students, business owners, homeowners and various other stakeholders. It seeks to bring a new meaning to the West Side of Binghamton as a less undesirable one that encompasses safe student housing as an alternative to campus housing, and promotes a more secure neighborhood for people to live in. This organization looks to local businesses and volunteers for support to establish a community of involvement, opportunity and safe housing. Price Part of the organization’s goal is to bring students, homeowners, and businesses to the West Side Binghamton area and more specifically the Neighborhood districts within it. Homes for Rent: Students can be drawn to move off campus by the low prices of renting a house, as opposed to living on campus. Current annual campus housing ranges from just under $8000 for double room to $13,000 for a family style apartment. Students would be saving a lot on housing costs by moving to areas in the West Side. Since most students who do move off campus move in groups ranging from 4-12 people, it is easier for students to move into houses on the West Side and split the rent. The rental expense ranges from approximately $325/month per person to $4800/month among the entire group. The cost to move to the West Side is significantly cheaper for students if they choose to move off campus. Homes for Sale: Houses for sale in the West Side area range from $30,000 to about $600,000. The relatively pricier houses are generally along Riverside Drive and should be aimed more towards older homeowners with stable careers and established business owners, rather than to students who will most likely be unable to afford it. Generally, if you are working in the Binghamton area, and expect your family to stay in the long term, you are more likely to buy or own a home than to rent. Therefore, targeting those adults for this area of the West Side would be more effective. Place 1 2 3 4 5 On Binghamton Campus Restaurants Cafes Public Areas such as parks Churches Promotion 1 To Students In order to create more awareness for the project it is necessary to increase exposure to your target audience. While one of the target markets for WSNP is Binghamton University Students, there is minimal exposure on campus. One of the reasons housing complexes such as University Plaza or Twin River commons succeed is the easy access to information about what the housing has to offer. While the west side has much student housing, there is no neatly put together information about all the housing, instead students must rely on individual flyers that the house owners put up on campus. It would be great if instead of this, students can just visit one website which would have information on housing availability or just pictures and information on the housing. WSNP is already a SA chartered group, however there are minimal to no events on campus. GIMs can be held for those who are interested in helping, or just to introduce the project to students. This will create more awareness on campus about the project. Pipe Dream: SA Groups: All SA groups are permitted one standard size (3.65 × 3.175) ad space per week. In order to place an ad the SA group representative must email business@bupipedream.com with the following three things: SA Group name and account number The date they would like the advertisement to appear A digital copy of the ad in JPG or PDF format Larger ad sizes are available. Please contact business@bupipedream.com for more details. It is important to get the project known throughout campus. Even if there is no big event coming up, it would help to have the logo in the newspaper to increase awareness. Other opportunities for on campus promotions besides flyers and pipe dream include dining hall table tents and coffee holder labels. 2 To Businesses People are usually only willing to invest in things that are low risk and high return. In order to attract these people to your neighborhood, put together a portfolio about the returns which the neighborhood has to offer. How many people there are in the neighborhood, the availability of stores in the neighborhood, income statistics of the neighborhood, etc. If there are very few stores in the neighborhood, then there will be less competition and higher demand if the store offers something convenient. Give factual data about where demand lies, how the west side is an ideal location for them to set up business, how the WSNP will add on value to their current business. How will helping WSNP help them? 3 To Sponsors Sponsors would want to know exactly where their money will end up. A proposal towards sponsors must include information such as what kind of media coverage the event will have, overviews of the program, and detailed plans for the program. If a similar event happened previously, sponsors would want to know how many people attended the event, who else was involved in the project, and other metrics of the success. What will the benefits be for sponsoring the event, asides from getting their name on a banner? Will the sponsor be able to develop long term relationships with customers and with WSNP through this event? Sponsors are looking to build preference, loyalty, brand value, and sales. Pitching logo recognition and exhibit space is no longer enough. What are the benefits of working with WSNP? How many people will the sponsorship reach? 4 To Volunteers Have specific goals which should be accomplished within a period. Many people would like to help make the west side a better place, but do not know what exactly they can do to help. Are there any activities that WSNP have that volunteers can go out and do? For example, they can help post flyers around, or door knockers, or speak to neighbors about the cause. What can people with no background in marketing, or policy making, actively do to help? Are there any activities besides the neighborhood watch? To obtain more volunteers, it is crucial to have more reach in terms of the WSNP name. 5 General Promotion In addition to gaining more presence on campus and around the neighborhood, WSNP must have a stronger web presence. Although WSNP makes an effort to post on Facebook and Twitter, there are only a few people who reply to or read the posts. In order to gain more likes/followers, WSNP must post information directly relevant to Binghamton, and the Binghamton West Side. For example, many people turned to BingSpot for news during hurricane Sandy, which constantly updated about emergency meetings, or neighborhoods affected. WSNP must also strive to be able to reach out the residents with important information. Also, although the West Side may have much to offer, there is no exposure on the website or the Facebook about what exactly there is. If possible it would be best to put together a website which actually highlights what the neighborhood has to offer, in addition to having a more organized portfolio of student housing available in the neighborhood. Creating stronger relationships between WSNP and landowners is a must, so that you can mutually help each other. WSNP can feature a different store in the neighborhood every few weeks, or a park or etc. This would increase the image of the neighborhood as a whole. Section Four: Recommendations Social networking overhaul Social networking has become increasingly used by all types of persons and businesses. After FaceBook reached over one billion users, it became immediately apparent that many could be reached through it. Our recommendation is that WSNP should utilize social networking, specifically FaceBook and Twitter, as much as possible. Begin by hiring an intern for credit, who is familiar with social media, to make at least one post a day. It would be best to engage the community, to bring more people into the conversation. Very few of the posts that WSNP makes on Facebook seem to get “likes” or comments, so ask them questions, create polls and hold contests. For example, you could make “What is your biggest concern with the West Side?” as your status to gauge the awareness and interest of your fans. Alternatively, create a poll asking “Is crime a growing concern for the West Side?” to see if the perception is that it’s decreasing. You could also have “like” contests, saying whoever likes this specific picture will be entered for a chance to win a free T-shirt or something of that nature. For even more fun, ask for user submissions; have West Side residents send in pictures of their activities and events. One of our members, attended Seminary Day, for example, why not have some pictures of that up there to showcase how much fun living on the West Side can be? Facebook should be taken to the next level as well. For more strategic timing of posts, preschedule them for times when the site is populated, particularly in the afternoon or evening. Use pictures or links for each of yours posts, as something clickable will increase your traffic, and extend your reach. Most importantly, consider Facebook advertising. Specifically, use it to reach out and get the likes that you haven’t already found using the “Get More Page Likes” option. We would recommend that you can create two separate ads: One for students in the Binghamton/Johnson City/Vestal areas, and other for Business owners or potential entrepreneurs in New York City/East Coast cities. This way you could bring students into the area, and advertise the West Side as a new business prospect. You can target towns and areas specifically, and you will see through “Audience” just how many people you could reach through the advertisement. Be careful with interests, as only people with those specific interests will see those ads. For students, we wouldn’t think it’s necessary, but for business owners, you might put something more specific like “Small Business Owners”. At this point, you will have to make a bid and set your campaign length. You bid will be optimized based on your budget for the campaign, and you will review your ad and submit it. As we have mentioned previously, discuss the cheap prices compared to other options for housing and land as well to attract people. The campaign length should be for a full three months, starting two months before housing sign ups are considered, and persist through that time, as to optimize the number of students who will consider moving to the West Side. While the second ad may not be for students, running them concurrently will help to understand their reach. Above is an example of a Facebook ad for the Southern Tier region. Twitter could be used in much of the same way, thought everything needs to be more brief. Ask for your followers to retweet what you tweet, for example, “Retweet this if you would like to see the OCCT bus routes changed!”, and have them respond to questions, “Tell us what it is! @RT My biggest concern in the West Side is _______.” Currently, your Twitter account only consists of your tweets. To remedy this, when you are not tweeting to your followers, find tweets you find interesting or relevant and retweet them to your followers! This will expand your audience and notify those who made the original tweet know that you are interested in what they have to say. You might also take part in somewhat unofficial advertising as “Follower Friday”, when you tweet the names of some of your followers or those you find interesting and encourage them to retweet. This will help get your name out there. Finally, we discussed the use of hashtags. This will let people quickly find you and your posts on Twitter. For your use consider using #WestSide, #WSNP, #Binghamton, and, for the utility of your crime watch so they may easily report suspicious activities (you may notify the Binghamton police to watch this hashtag), #WestSideWatch. When your followers can easily find what you’re tweeting, it makes you much more accessible. One major reform we strongly suggest you implement is a social media campaign to strengthen ties between the community and the Binghamton Police Department. Many police departments across the nation are utilizing facebook and twitter to help them. With the use of social media as prevalent as it is today, it can provide a strong link between citizens and the PD in crime prevention and detection. We recommend meeting with the BPD to establish joint social media program to deter crime. The structure of this joint venture would give the PD the benefit of having significantly more manpower to detect crime without having to hire any new officers. On twitter the user could tweet the location and suspicious activity being committed followed by #westsidewatch. The police would create a simple scan of tweets to detect and alert them if someone tweeted #westsidewatch. The community would have an easy and direct way to alert the police without ever having to call 911.The popularity of smart phones and their internet access allow citizens to report suspicious behaviors 24/7. The glory of this system is the person reporting the crime can remain anonymous as they are simply a concerned citizen of the West Side Watch. Regular Twitter and Facebook use are free, so there are absolutely no cost considerations there. Facebook advertising will costs as much as you like it to cost, but we recommend that for starters, you run two ads simultaneously: one targeting Binghamton Students, and another targeting Small Business prospects for the area, for two months each, with a lifetime budget of $150.00 per ad. In total, the advertising will cost you $300.00 for three months. Website revamp Create credit opportunities directly geared towards improving the website. The website is the face of WSNP that people see when they are looking up the project, so it is important to leave a good first impression. Interns can work together so that the website will improve at a faster rate. Some skills to look for when creating these opportunities are: Familiarity with Wordpress, HTML, PHP, Javascript and CSS. Wordpress is a great content management system, because plugins can easily be installed and implemented into the website, with minimal coding knowledge. The website should be remade so that it can include more information about what WSNP is about. Although it does offer a description about WSNP, it should be stated on the front page how WSNP will achieve its goals. The front page must also include more information about events, or what WSNP has been recently doing so that WSNP will leave the impression of being an active organization. For the front page, instead of having only one picture, it is possible to creating rotating slideshows and descriptions. These pictures can include WSNP events, popular West Side This will allow people to visually see what WSNP has been doing. A Twitter feed can also be integrated into the main page so that people can easily be updated about things on a short notice. In addition to this, an interactive map can be placed on the bottom of the page showing the areas which the West Side include. One of the main segments which WSNP is focused on is student housing. In order to get more people interested, it is imperative to have a neat collection of the housing available on the West Side. This can be made in a subsection of the website, or as a new website altogether. Instead of being a simple list, available housing can be plotted on a map, and clicking on them can bring up more details. The details can include more pictures, information on amenities available, and landlord information. Students can also have the option to search based on price or rooms available. Landlords will also have an incentive to work together to get this done because it will create more exposure for their housing. In addition to this, the website must highlight what the West Side has to offer asides from affordable housing. Popular stores and cafes can be linked to the neighborhood, in addition to parks and other recreational areas. These can be shown in a different page of the website, and each week a different store or location can be the main focus of the page. This page should also include a rotating image pane where various “featured shots” can be exhibited. A main concern which people had with living on the West Side vs University Plaza or Twin River Commons was “What if I get a horrible landlord?” To quell these concerns it should be made possible so that tenants can post anonymous reviews on certain properties. While some landlords may be concerned about this, it will give them more incentive to become better ones. Easily accessible positive reviews about the West Side would draw more people into the neighborhood. Hire interns for credit Many students on campus are always looking to gain work experience while they are still attending school. We recommend that WSNP utilize various on-campus career services such as the School of Management (SOM), the Career Development Center (CDC) and the Center for Civic Engagement (CCE). Since WSNP has a relatively tight budget, it would be best to offer college credit to the student interns. Making use of the university’s resources will be an inexpensive way for WSNP to put themselves out there and let students know about the organization. 1 School of Management Career Services Office SOM has a dedicated career services office. The directors of SOM career services are constantly emailing students with internship opportunities that become available, so it would be the easiest way for WSNP to reach all the students in SOM for internships. The email for SOM career services is: somcs@binghamton.edu. Now would be the best time to reach out to them with opportunities available in the winter or spring terms. SOM Career Services Staff Christina Whitney, Director of Career Services (607) 777-6849, AA-G16G Denise Lorenzetti, Assistant Director of Career Services (607) 777-6176, AA-G16C Tammy Richard, Career Services Secretary (607) 777-6191, AA-G16B SOM E-Recruiting - http://som.experience.com SOM has a dedicated employment website for employers to post job openings in their company. This can also include non-profit organizations or for credit internships. To post positions on this website, sign up through the Sign-In button under the Employers section. After creating an account and company profile, an email will be sent notifying if it has been approved. This is great to those students who do not check their email daily, and to have job openings available for viewing for a greater amount of time. Also, WSNP would have full access to post jobs at any convenient time. Courses There are many SOM courses which include working with an outside company in addition to Professor Agarwal’s classes. Brian Perry is the SOM Undergraduate advisor, and would be a valuable contact about which courses are offered which term, and which may entail working with an outside organization. Perry, Brian - Undergraduate Advisor (607) 777-2316, AA-140, bperry@binghamton.edu MIS 473 & 573 Information Systems Project is a course offered by Surinder Kahai in which students are dedicated to solely working with an outside company. The projects for this class usually involve managing databases, creating links between databases and a front end, or websites. It would be a great opportunity if a project could be created to create a database of landowners and their properties, and show it in a subsection of the website, along with interactive maps. This way people interested in the West Side will be able to more easily see the properties available. This class is offered in Spring 2013, so make contact as soon as possible. Kahai, Surinder - MIS (607) 777-2410, AA-310, kahai@binghamton.edu 2. Career Development Center The Career Development Center is available to all students on campus. For WSNP to make themselves present in CDC, it will be exposed to a wide reach of students looking to find an internship and gain experience. Through CDC, WSNP can publicize information about the organization and its values and reach out to students who would be willing to contribute their time. General Information including Service Hours 607-777-2400 Employer Services Contact Information Eileen Bauer-Hagerbaumer, Assistant Director-Employer Relations Job & Internship Fair contact (607) 777-4898 Brandy Smith, Recruitment and Assessment Coordinator On Campus Recruiting contact (607) 777-2553 Fax: (607) 777-4499 E-Mail: cdcemp@binghamton.edu eRecruiting: CDC uses an online system, eRecruiting, to manage on-campus recruiting and to post job and internship listings locally, regionally as well as internationally. To post a job onto the eRecruiting website through Binghamton University’s CDC go to: http://www2.binghamton.edu/career-development-center/employers/cdc-job-submission.html or e-mail your posting to: cdcjobs@binghamton.edu. CDC also has a useful program, the Career Development Center Internship (CDCI) Program, where we recommend WSNP should predominantly look to. This is a credit-bearing program, where students do an internship while taking an academic course during the semester. In order for a student to participate in a CDCI, they must first attend an information session the semester before they begin interning. Since CDCI already had their information sessions for the upcoming Winter 2013 semester, it would be best that WSNP contacts CDC to participate in the information sessions for the Spring 2013 semester. We recommend you do this as soon as possible so that students will have the opportunity to learn more about WSNP and contact you with further questions before applying for their internships. The general credit offering for the CDCI Programs are as follows: Fall /Spring Internship: 4 credits Full time Internship: 8 credits - 12 credits Summer and Winter Internships: 2 or 4 credits For more information on the CDCI Program: Laura O'Neill Academic Internship Program Coordinator loneill@binghamton.edu (607) 777-2545 Leverage ties with the Student Association 1. Fundraising Since WSNP is an organization under the Student Association, it is subject to the same benefits as any other student organization. We understand that WSNP is aware of the budget allocated by the SA. However, fundraising is an opportunity that is rather underused. Under the SA’s Treasurer Handbook, it states that “For every dollar of net profit raised in a fundraiser, your group will be allocated an additional $0.50 per dollar up to a maximum payout of $500. After which, you will receive $0.10 per dollar up to a maximum of $1,000 for every dollar of net profit. Maximum: $1500 per group.” As an SA group, WSNP is also allowed to table in the Old Union Tillman Lobby on campus and is also able to reserve rooms on campus to hold events. WSNP can utilize this window of opportunity to not only gain recognition of the organization on campus but to receive additional funds from SA. 2. LateNite Binghamton We also recommend that WSNP takes advantage of LateNite Binghamton. As a student group, it is an easy way to hold events to just get the word out there about WSNP. All events are completely free and are held in the University Union on Friday and Saturday nights from 9pm2am. Also, the organization will be allowed up to $100 of reimbursement, with a receipt for approval, if supplies, equipment, etc need to be purchased to hold a LateNite event. Reserving a spot in LateNite must be done at least TWO weeks ahead of time. Some possible events include a holiday themed arts and crafts for Christmas decorations or stockings since the fall semester is ending soon or a karaoke event, or game night that can be held next semester. A lot of students come to LateNite looking for a night of fun so it is definitely a great opportunity for WSNP to capitalize on.. For more information about LateNite: Campus Activities Office - UUW208G Binghamton University PO Box 6000 Binghamton, NY 13902 Phone: 607-777-2812 Fax: 607-777-2819 Email: latenite@binghamton.edu 3. BU PipeDream As we already mentioned earlier, it would be beneficial for WSNP to take advantage of BU Pipe Dream. Whether you want to place an advertisement or just to get the word out there about WSNP, this will create more awareness on campus about the project. Pipe Dream: SA Groups: All SA groups are permitted one standard size (3.65 × 3.175) ad space per week. In order to place an ad the SA group representative must email business@bupipedream.com with the following three things: SA Group name and account number The date they would like the advertisement to appear A digital copy of the ad in JPG or PDF format Larger ad sizes are available. Please contact business@bupipedream.com for more details. It is important to get the project known throughout campus. Even if there is no big event coming up, WSNP should make its organization known by placing the logo in the newspaper to increase awareness. 4. Creating an Executive Board Creating an executive board on campus for WSNP would greatly help in tying together on campus activities with off campus ones. Most e-boards contain positions for President, Vice President, Secretary, Treasurer, Event Coordinators, and Publicity, and hold weekly meetings. While the positions of President and Vice President may be reserved for Alycia and Tobey, a secretary would be responsible for taking minutes, room reservations, and lighting and equipment reservations. A treasurer would be able to take care of the budget provided by OC3 in addition to taking the treasurer’s test and learning the monetary rules for on campus activities. Event coordinators will team up with the WSNP founders in brainstorming events, and contacting on campus officials, and the publicity chair will be in charge of creating posters, updating B-Line, emailing the listserv, reaching out to other groups, and finding any way possible to get the word about WSNP out. Landlord Convention Many students in their junior and senior years at Binghamton are interested in moving to the West Side, but don’t really know where to look. Landlords have to be more active and readily available, almost campaigning towards the students. It will be very beneficial to have a convention, where landlords collaborate and attempt to gain prospective tenants. Landlords should have information sheets, their business cards, and a poster board display (with pictures of the property, a map with location, and other appealing traits for the apartment/house). Leases can be signed at the event, and those who need more time to decide can stay in contact with the landlord and view the property at a later time. The appeal to live on the West Side is already there. Not only do students like the flexibility of living off campus, but they are saving a ton of money. For an academic year (which is two semesters, not including breaks), students have to pay between $7500 to $9000 to live on campus, depending on the quality of the dorm community. A student who lives in the West Side or downtown area will typically pay between $4000 and $5000 per year, with the freedom to come and go as you please assuming a 12 month lease. That’s plenty of extra money for the student to use on food, partying, and other college expenses. At the start of every Spring semester, students are already thinking about where to live in the upcoming school year. For the Spring of 2013, classes start on January 28. On February 25, Binghamton University issues a $200 room deposit due for Fall 2013 campus housing. Within that month time period, WSNP and landlords have to team up to gain student tenants. The first option would be to host this convention on campus (free), preferably in the Mandela Room or another large room in the University Union. This would not only bring in students who were initially planning to attend, but you would also gain a few people who are passing by. Possibly offer pizza and drinks at the convention, to appeal to more students. As an SA chartered organization, WSNP should have no problem reserving a spot in the University Union. Though Binghamton University is in direct competition with West Side housing because of campus dorms, if they give you any trouble then you can argue that off campus living makes Binghamton overall more appealing and also allows the school to accept a few more students than before (more tuition). Who to contact? To reserve a date and space for the convention (or conventions, if you want to make it a week event) you can call James Koval, Carl Darling, or Penny Mabee at 607-777-3300 from Monday to Friday, between 8:30 AM and 5:00 PM. Requests are at a first-come first-serve basis, so it would be best to reserve a date at the very beginning of next semester (once enough landlord support is available) for a time in the middle of February. To reserve sound equipment, talk to Carl Darling. To reserve tables and chairs, call the same number and ask to be connected to the Tillman Lobby. A schedule viewer for events in the University Union can be found here: http://darla1.cc.binghamton.edu:8080/wv331union/wv3_servlet/urd/run/wv_space.DayList?spdt =20121130,spfilter=255234,lbdviewmode=grid Another option (or if Binghamton denies a campus convention) would be to hold the event at a public venue, like the Broome County Arena or the Forum Theater (also free). Both places have open dates where you can request space. They can be contacted at 607-778-1528 (Arena) and 607-778-2480 (Theater). To confirm the date at either place, call the Arena’s number on the day of. How to promote this event? Try and get B-Line (Binghamton’s daily email news service) to make announcements, starting two weeks prior to the event. Call 607-777-3535 for Binghamton Connection and 607-777-2174 for Communications and Marketing. Or you can request announcements right on their website, http://b-line.binghamton.edu/events/new . You can also create posters or flyers to put around campus dorms, dining halls, the lecture hall, Union, or even on OCCT buses. The advertisement for the convention would have to cater to students looking to save money and live somewhere appealing. An example would be to have a picture of a student smiling, in front of a nice house with a nice lawn. The ad would say “Campus Housing - $9000 per year and nosey RA’s.” Under that would say “West Side Housing - $4500 per year and a house with your best friends.” The $9000 could be in red font and the $4500 can be in green font, maybe even with a circle around it or check-mark next to it. At the top you would put “Student Housing Convention” as well as the location and a date/times. At the bottom, you could put the WSNP logo and maybe even a phone number. There could be a series of these “attack ads” which make West Side housing seem much more appealing than living in the dorms. Assuming you have an intern to make the poster and put them up around campus, materials costs should be no more than $50. Maybe even have landlords donate for the promotional aspect of the convention. Marketing materials Physical marketing materials should be created to advertise the West Side and the West Side neighborhood project both on campus and in Binghamton. We recommend that the number of brochures made for WSNP be smaller than the original seven. Based on the segmentation we identified earlier, we recommend that two brochures be produced, one for Students, the other for potential Owners (a.k.a. Landlords) and Businesses which may develop on the West Side. The theme of the brochures would be the lower pricing of renting and land in the area, which make it a great choice of all three groups. The brochures would also, however, offer more specific information for each group. for students, it may have which attractions are in the area, as well as the bus schedule that makes it easiest to get back and forth to the West Side and campus. You may also highlight the freedom of living off campus. For Owners/Businesses, you may highlight all the reasons to own: to make money, to give yourself something to do, or to give back to the area. Additionally you should highlight all the benefits to owning: access to a large student population, profits, proximity to Binghamton attractions, growing economy and opportunities. We recommend printing at least 200 of each brochure. After you have them, the next step is finding out where to put them. Look for businesses and offices in the area (Dentistry, Pediatric, Ihop, anything really) where they keep brochures for people to peruse, and ask them if they wouldn’t mind having some of yours. I think each business or organization could get along fine with 10 to 15 brochures at most. Additionally, they could be given to offices on campus, such as the Counseling Center, each community’s main office, the Registrar, etc. Alternatively you could hand them out yourselves at events for WSNP and the community in general. Next, we heavily recommend that you increase your presence with posters, specifically on campus. This is the way that Hawley advertised successfully, and WSNP may wish to do the same. Create one specific poster which students would see around campus. It should specifically highlight the accessibility, freedom of living off campus and most importantly, the low price. Make sure they know where to go from the point of seeing it: go to the website, find the listings for houses, talk to landlords, etc. Without a next step, students will be baffled. Make sure that your name is prominent on the poster. If they remember one thing, it should be the “West Side,” so put a large version of the West Side Neighborhood logo at the top. Also it should be mentioned that WSNP is a campus chartered group. I would recommend that these are hung in all the buildings on campus which allow for it: Residential Halls (one for each RA even), Dining Halls, Bartle (on two separate boards), Lecture hall (another two boards), Academic A/SOM Offices (approximately 8 boards), and any other locations possible. So, for every cycle of posters hung, we would approximate that 300 color posters should be made. We recommend, using your account through OC3, that you utilize the Student Associations print shop, SA Ink, to print all of the posters and brochures. SA Ink is located in UUW B09 in the basement of the New Union. After sending in your poster to saink@binghamtonsa.org, you will need to fill out the paperwork. The office is open 10am-7pm Monday through Thursday and 10am-5pm on Friday. in the paperwork you can choose many options, but just color printing single sided on a regular sheet (8 and ½:” by 11”) of paper. Using this service will cost $0.14 per page, so printing the posters will come out to approximately $50.00, and for the brochures approximately $65.00. Alumni investment: The network of BU alumni could be very beneficial to WSNP. Despite the economic status, the majority of BU graduates are able to find stable jobs. These alumni could be convinced that right now is a great time to invest in the West Side. They could invest in a house that they renovate to rent out, or look to start their own business. With property costs as low as they currently are, the West Side can offer alumni an excellent return on investment ratio. Alumni landlords are the type WSNP should look to recruit to the area. They immediately bring a working knowledge of what students look for in housing .Alum will also have direct connections to current students and possible tenants. Section Five: Financial Considerations and Budgeting Financial Considerations After discussing the budget with Alycia, we understand that we have anywhere from $1,000 to $2,000 for a budget. Our aim is to use as modest a budget as possible. This is easily achievable, as many of the services we recommend are offered at no cost to Student Association Chartered Groups. The largest portion of it will presumably be spent on posters for on-campus and in-town advertising, but much of it may be tailored specifically depending on the scale of advertising you would like to do. Budgeting Our costs and allocation of budget is as follows: All On-Campus Resources: Free Social Media Pages for Twitter & Facebook: Free Facebook Advertising (Two ads for three months at $150.00 each): $300.00 Advertising WSNP and the West Side on and off campus (300 posters): $50.00 Brochures for WSNP to be placed on and off campus (400 brochures): $65.00 Flyers/Posters to promote Landlord Convention: $50.00 Timeline of Implementation We recommend WSNP proceeds with the following primary recommendations within this coming year. Prior to Spring 2013, which starts January 24th ● Frost Fest http://b-line.binghamton.edu/events/2137 ● Contacts made with CDC and SOM to begin recruiting for internships ● Make posters and have them printed through SA Ink ● Reach out to B-Line about weekly ads Throughout Spring 2013: ● Interns should be updating Facebook and Twitter accounts as soon as possible ● Website Revamp ● Brochures should be designed and printed for use at all events ● Facebook advertising should start at the beginning of March ● Posters should be hung across campus at the recommended locations, replaced when need be ● Sign up for LateNite Binghamton events We recommend WSNP proceeds with the following secondary recommendations after the primary recommendations are started off. ● ● ● ● Recruiting investors at alumni weekend Tailgating Booth Spring Fling Booth Creating an on campus Executive Board Comments By Agarwal: Have all the ideas but dont link with which goal, which marketing plan Talk about which goal we are focusing on, or goals Find preliminary issue -> plans for all of them or for some areas? Decide which one amongst student, businesses and investors -> Increasing residents in west side -> actionable marketing ideas for these goals -> for increasing awareness -> ideas for increasing that SWOT analysis positioning - come up with some slogans we can use to capture what the west side is for the businesses or students -> capture the essence make a positioning statement then build marketing campaign Web exchange? Like a forum Get more quantitative about binghamton students how many people off campus, on, dorm #s, etc +, - factors Cost to move Seperate into sections focus on, and other smaller recs on other goals Bullet points for recommendations While all these goals should be achieved, here are some which we are focusing on