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Retail Revitalization
Commonsense Consulting
Alayzia Harris | Israel Lopez-Morillo | Jenny Martinez | Cameron Sonnentag
Analysis
Analysis Strategy Financials Conclusion
About the Retail Center
Betsy Goodman |
Executive Director
Cece Schulz | Director
of Student Engagement
Analysis Strategy Financials Conclusion
About the Retail Center
Advising Retail You Program Retail Society Retail Smarter
Conference
Analysis Strategy Financials Conclusion
Barriers to Entry
Rigorous Requisite Courses
Costs of Courses
Analysis Strategy Financials Conclusion
Alternatives Considered
Ideas Considered Why it is a Feasible Option
Recruiter Information Sessions Similar programs, but will stress importance of minor for retail jobs
Include Retail jobs in BCS Listserve Increases reach, but loses unique factor
Ideas Considered Why it Does Not Work
Add Retail Center tab to Heavener Page Redo outline of Warrington page to include all centers in the school
Use Google Search Optimization Highly Expensive
Ideas Considered Why for Immediate Action
Improve Online Presence Helps attract students and get a better idea of opportunities
Retail Ambassadors Give a unique student perspective
Strategy
Analysis Strategy Financials Conclusion
Retail
Revitalization
Strategic Overview
Increase Social Media Presence
Improve Email Reach
Recruit Retail Ambassadors
KEY QUESTION:
How does the retail center increase Heavener student awareness of its programs and
opportunities, increase involvement in its initiatives, and increase the number of retail
minors?
Impact:
Increase the number of retail
minors by 30% within 1 year
Analysis Strategy Financials Conclusion
Increase Social Media Presence
No Instagram AccountStrong Presence
No ownership over content and image quality that is
associated with the Retail Center
Cannot promote events as there is no presence
In-depth descriptions about upcoming events/opportunities
Vivid imagery to accompany engaging content
Professional environment
Consistent posting schedule
Engaging Content Promotional Content Post Schedule Google Analytics
Analysis Strategy Financials Conclusion
Social Media Changes
Weekly Posts
Live Video Feeds
Weekly Stories
Analysis Strategy Financials Conclusion
Improve Email Reach
Recaps the
biggest news for
the week
Implement Email Newsletter
Provide Retail
Center updates
Employer Spotlights Use Mailchimp
Analysis Strategy Financials Conclusion
Recruit Retail Ambassadors
Qualifications
Responsibilities
Conduct information sessions for prospective students
Serve as a liaison for guest speakers
Build relationships with students registered by Retail minor
Possess a desire to learn, grow, benefit from, and teach others about the Retail
Society
Maintain professionalism, dependability and punctuality
Promote brand and maintain social media presence
Key Benefits
Improve Leadership Skills
Improve Social Reach
Increase Awareness
Full Time Students
Minimum 3.0 UF GPA
Year Long Commitment
Enrolled/Completed Retail Minor Courses
Member of Retail Society
Junior/Senior level standing
Demonstrate enthusiasm, passion and pride for the Retail Center
Analysis Strategy Financials Conclusion
Retail Ambassadors Implementation
Led by Retail Society Application and
Interview
Training
2 Ambassadors
Expand as Necessary
Analysis Strategy Financials Conclusion
Implementation Timeline
Quarter 1 Quarter 2 Quarter 3 Quarter 4
Create Application
Create Newsletter
Applicants Apply
Interviews
Train Ambassadors
Social Media Update
Financials
Analysis Strategy Financials Conclusion
Cost and Revenue Drivers
Low High
In State Tuition Out of State Tuition
Sponsorship Fees (Low) Sponsorship Fees (High)
Revenue DriversCost Drivers
Analysis Strategy Financials Conclusion
Cost and Revenue Drivers
Low High
In State Tuition Out of State Tuition
Sponsorship Fees (Low) Sponsorship Fees (High)
Revenue DriversCost Drivers
ROI= 691.95%(using out of state)
ROI= 192.94%(using in state tuition)
Analysis Strategy Financials Conclusion
Risks and Mitigations
MitigationsRisks
Student Reliability on Social
Media Accounts
Experimental Program
Adds Responsibilities to
Current Employees and
Organizations
Gains More Student Insight
and Appeal
Utilizes Changes that are
Incremental and
Implemental
Expands the Impact of
Typical Activities with new
Techniques
Conclusion
Analysis Strategy Financials Conclusion
Strategic Recommendation
Retail
Revitalization
Increase Social Media Presence
Improve Email Reach
Recruit Retail Ambassadors
KEY QUESTION:
How does the retail center increase Heavener student awareness of its programs and
opportunities, increase involvement in its initiatives, and increase the number of retail
minors?
Impact:
Increase the number of retail
minors by 30% within 1 year
Index
Analysis
About the Retail Center
Barriers to Entry
Alternatives Considered
Strategy
Strategic Overview
Increase Social Media Presence
Social Media Changes
Improve Email Reach
Recruit Retail Ambassadors
Retail Ambassadors Implementation
Implementation Timeline
Financials
Cost and Revenue Drivers
Risks and Mitigation
Conclusion
Strategic Recommendation
Appendix
Google Analytics
Mailchimp
UF Tuition
Google Analytics
Lets you measure your advertising ROI as well as track your Flash, video, and social networking sites
and applications.
Mailchimp
Retail Revitalization

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Retail Revitalization

  • 1. Retail Revitalization Commonsense Consulting Alayzia Harris | Israel Lopez-Morillo | Jenny Martinez | Cameron Sonnentag
  • 3. Analysis Strategy Financials Conclusion About the Retail Center Betsy Goodman | Executive Director Cece Schulz | Director of Student Engagement
  • 4. Analysis Strategy Financials Conclusion About the Retail Center Advising Retail You Program Retail Society Retail Smarter Conference
  • 5. Analysis Strategy Financials Conclusion Barriers to Entry Rigorous Requisite Courses Costs of Courses
  • 6. Analysis Strategy Financials Conclusion Alternatives Considered Ideas Considered Why it is a Feasible Option Recruiter Information Sessions Similar programs, but will stress importance of minor for retail jobs Include Retail jobs in BCS Listserve Increases reach, but loses unique factor Ideas Considered Why it Does Not Work Add Retail Center tab to Heavener Page Redo outline of Warrington page to include all centers in the school Use Google Search Optimization Highly Expensive Ideas Considered Why for Immediate Action Improve Online Presence Helps attract students and get a better idea of opportunities Retail Ambassadors Give a unique student perspective
  • 8. Analysis Strategy Financials Conclusion Retail Revitalization Strategic Overview Increase Social Media Presence Improve Email Reach Recruit Retail Ambassadors KEY QUESTION: How does the retail center increase Heavener student awareness of its programs and opportunities, increase involvement in its initiatives, and increase the number of retail minors? Impact: Increase the number of retail minors by 30% within 1 year
  • 9. Analysis Strategy Financials Conclusion Increase Social Media Presence No Instagram AccountStrong Presence No ownership over content and image quality that is associated with the Retail Center Cannot promote events as there is no presence In-depth descriptions about upcoming events/opportunities Vivid imagery to accompany engaging content Professional environment Consistent posting schedule Engaging Content Promotional Content Post Schedule Google Analytics
  • 10. Analysis Strategy Financials Conclusion Social Media Changes Weekly Posts Live Video Feeds Weekly Stories
  • 11. Analysis Strategy Financials Conclusion Improve Email Reach Recaps the biggest news for the week Implement Email Newsletter Provide Retail Center updates Employer Spotlights Use Mailchimp
  • 12. Analysis Strategy Financials Conclusion Recruit Retail Ambassadors Qualifications Responsibilities Conduct information sessions for prospective students Serve as a liaison for guest speakers Build relationships with students registered by Retail minor Possess a desire to learn, grow, benefit from, and teach others about the Retail Society Maintain professionalism, dependability and punctuality Promote brand and maintain social media presence Key Benefits Improve Leadership Skills Improve Social Reach Increase Awareness Full Time Students Minimum 3.0 UF GPA Year Long Commitment Enrolled/Completed Retail Minor Courses Member of Retail Society Junior/Senior level standing Demonstrate enthusiasm, passion and pride for the Retail Center
  • 13. Analysis Strategy Financials Conclusion Retail Ambassadors Implementation Led by Retail Society Application and Interview Training 2 Ambassadors Expand as Necessary
  • 14. Analysis Strategy Financials Conclusion Implementation Timeline Quarter 1 Quarter 2 Quarter 3 Quarter 4 Create Application Create Newsletter Applicants Apply Interviews Train Ambassadors Social Media Update
  • 16. Analysis Strategy Financials Conclusion Cost and Revenue Drivers Low High In State Tuition Out of State Tuition Sponsorship Fees (Low) Sponsorship Fees (High) Revenue DriversCost Drivers
  • 17. Analysis Strategy Financials Conclusion Cost and Revenue Drivers Low High In State Tuition Out of State Tuition Sponsorship Fees (Low) Sponsorship Fees (High) Revenue DriversCost Drivers ROI= 691.95%(using out of state) ROI= 192.94%(using in state tuition)
  • 18. Analysis Strategy Financials Conclusion Risks and Mitigations MitigationsRisks Student Reliability on Social Media Accounts Experimental Program Adds Responsibilities to Current Employees and Organizations Gains More Student Insight and Appeal Utilizes Changes that are Incremental and Implemental Expands the Impact of Typical Activities with new Techniques
  • 20. Analysis Strategy Financials Conclusion Strategic Recommendation Retail Revitalization Increase Social Media Presence Improve Email Reach Recruit Retail Ambassadors KEY QUESTION: How does the retail center increase Heavener student awareness of its programs and opportunities, increase involvement in its initiatives, and increase the number of retail minors? Impact: Increase the number of retail minors by 30% within 1 year
  • 21. Index Analysis About the Retail Center Barriers to Entry Alternatives Considered Strategy Strategic Overview Increase Social Media Presence Social Media Changes Improve Email Reach Recruit Retail Ambassadors Retail Ambassadors Implementation Implementation Timeline Financials Cost and Revenue Drivers Risks and Mitigation Conclusion Strategic Recommendation
  • 23. Google Analytics Lets you measure your advertising ROI as well as track your Flash, video, and social networking sites and applications.