Marketing to FORTUNE 500 Companies BWC Network Strategy Session July 13, 2005 Ian Todreas, ERG 1 Marketing to F500 • Barriers • Tips to overcoming barriers 2 Some barriers to F500 recruiting • F500 companies are big. – Employ thousands, across multiple work sites – Hard to identify the right person/decision maker • BWC is not central to F500 businesses. – “Employee” issues are not always on the radar screen – TDM not always on the “employee issues” agenda • Making cold calls is scary and time-consuming. – What to say? BWC is complicated! – We are all busy with other things 3 Tips to get past the barriers • Do your homework & develop a list of “hot” leads: – Identify F500s with in your area. – Which work sites have commuter benefits? – Which ones might have commuter benefits? – Which ones have BWC sites elsewhere? – Which F500s are on similar lists (e.g., Best Places to Work, Best Places for Working Mothers, etc.)? – Which are active in the community and care about corporate reputation? – At which F500s/work sites do you have contacts (including friends, family, colleagues, former colleagues, etc.) 4 More tips • Avoid cold calls by: – Sending a letter/e-mail out first about BWC. – Wait at least a week, then make your call. • Don’t procrastinate… – This campaign has a deadline (early Sept)! – Create weekly goals (e.g., x calls/day). 5 More tips • What to say? First get organized: – – – – Keep copy of letter in front during calls. Keep copy of other materials (e.g., flyers) in front. Know thy web site (www.bwc.gov). Always take notes on your correspondences. • Then hone your pitch/message: – – – – Practice your elevator pitch before making calls. For an ETC: your program is great, get recognition! For an HR person: recruitment and retention. For a PR person: distinguish yourself, leadership, free media coverage. – For an employee champion: all of the above. – Other 6 More tips • Do they qualify? – Determine this as early as possible in the conversation. – It’s HARD to convince someone to substantially improve benefits in a short time frame. – It’s EASY to convince someone to join BWC if they already qualify. 7 More tips • Don’t fret over getting the “right person” on the line. – If your first contact doesn’t express enthusiasm, you are not necessarily at a dead end. – A HR exec may not be interested in BWC, but a PR exec may find it compelling, or vice versa. – Be persistent, until you learn that the site doesn’t qualify. 8 More tips • Use the CEO letter to its full potential. – Fax copies to whomever you are speaking with. • Handholding is effective. – Walk your contact through the online application while on the phone! • Drop names. – USA Today, MSNBC, Wash Post, etc. covered BWC F500s last year. 9 More tips • Be prepared to counter conventional wisdom: – “Rural work sites can’t take advantage of benefits” (what about vanpool, carpool, and telework?) – “In the city, everyone takes transit anyway so we don’t offer benefits there” (many F500s do offer benefits at city-based work sites to be competitive. Also telework is popular among workers looking to ease daily commutes) – “This work site [e.g., manufacturing plant] has strict/varied shifts for its employees and is not conducive to offering benefits” (while not necessarily good for catching trains predictable shifts make for great carpooling and vanpooling) 10 More tips: Countering wisdom (cont.) – “We had a bad year and are laying off employees” (some companies argue that offering commuter benefits saves the company money by minimizing parking expenses, and fewer employees could improve their ranking!) – “We had a great year and don’t need to offer these benefits” (you can never be on too many lists of Bests) • BWC has examples of employers of all types: rural, urban, services, East/West/Mid West/South, huge, smaller, etc. Use these! 11 More Tips • Ranking is a competitive force: – Some companies want to be in the Top 20 or #1. – Some companies would be glad to be #1 in their industry. – Some companies would be glad to be #1 in their region. – What’s the competition doing in TDM? Can you leverage one F500’s BWC participation to inspire another? – Etc. 12 More tips • Things change from year to year: – New staff come, old leave. – New facilities open, old ones close. – Awareness of the importance of transportation, environment, and communities is growing. – Benefits offered change. – Awareness of BWC and this list is growing. • Be patient (think Red Sox!) – If you don’t get ‘em this year, there’s always next year. 13 Thanks for your time, and good luck! Ian Todreas, ERG BWC FORTUNE 500 Recruiting Team Ian.todreas@erg.com Tel. (617) 357-4623 14