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Team SYENE Presented by Tuhin Das and Sarah Sayed October 3 rd , 2010 Renovate your home, build a dream. Support habitat for humanity while promoting environmental responsibility

ReStores Challenge - Team SYENE

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Page 1: ReStores Challenge - Team SYENE

Team SYENE Presented by Tuhin Das and Sarah Sayed

October 3rd, 2010

Renovate your home, build a dream.

Support habitat for humanity while promoting environmental responsibility

Page 2: ReStores Challenge - Team SYENE

Objectives

1) Business Objectives:– Increase Sales, visitor frequency, spending

habits of current customers

2) Social Objectives:– Further promote aluminum can project to build

houses and other initiatives– Support Habitat for humanity

Page 3: ReStores Challenge - Team SYENE

Comparisons to Similar Social Ventures

Organization Venture Services Outreach MediumOxfam Second hand

storeClothes and accessories, books, music, moves

- online retailer provides online gift cards for birthday gifts and occasions

Salvation Army Thrift Family stores

Second had outlet for bargain shopping

- Promoted by the Salvation Army through TV and donations campaigns

- Minimum information on the website, an online store locator

- student clubs , Community centers

Goodwill industries

Goodwill Stores discounted clothes, appliances, furniture

- Online auctioning site, face book, twitter- Online store locator - Promotion by the organization

Stardust building supplies

Supplier Environmental responsibility

Building supplies, new and gently used items. deconstruction s

- website- golf fundraiser, free makeover for individual in

need - demolition for high profile celebrity - raffle to win kitchen cabinets

Build It Green! NYC

supplier retail outlet for used and surplus building materials

- website, featured items- public: co-hosted tennis table ping pong

tournament- TV: ReUse makeover ABC show, CBS, - magazine awards, Newspaper ,non-traditional

employment for woman- University programs to get volunteers/ interns

Page 4: ReStores Challenge - Team SYENE

Targeted Marketing & Messaging

Small contractors• Meet BOB

Young Couples/ do-it-yourselfers

Retirees/ do-it-yourselfers

Interior Designers/ do-it-yourselfers

Tech Savvy

Price SensitiveRadioWord of Mouth

RadioPrice Sensitive

Flyers

E-NewslettersPrice SensitiveFlyers

A B

CD

E-NewslettersPrice SensitiveFlyers

Page 5: ReStores Challenge - Team SYENE

ReStore Flyer• Target do-it-yourself is and trade contractors

• Printing costs subsidized

•Recruit high school student for distribution

•look up potential suppliers- strategic distribution

• Tim Horton’s, community centers local business

• no HST tax

Page 6: ReStores Challenge - Team SYENE

Radio Announcements

• Chin radio : Looking for home renovation supplies? Restore retailers offer deep discounts on new and lightly used building materials. New inventory comes in every week, quality products at over 50% off the retail prices. 100% of Restores sales directly go to Habitat for Humanity’s affordable housing projects in the Ottawa area. Visit habitatnrc.com more information.

• University Radio Stations:Looking for social and environmentally responsible home renovation and décor material? Restore is a non-for-profit volunteer based retailer that offers incredibly low prices on new and lightly used building materials. New inventory comes in every week; Find that perfect one-of-a kind design piece. 100% ReStores profits support Habitat for Humanity affordable housing projects in the Ottawa while actively reducing landfill waists through recycling programs. Visit habitatnrc.com more information.

Page 7: ReStores Challenge - Team SYENE

Community Outreach• presence in local fundraisers and/or sporting

events – volleyball tournament, 5K, 10K runs. T

• partner with related local organizations, – high profile fundraisers, BBQ, banner, tee-shirts

• promoting Habitat for humanity

• renovation projects for media coverage

• recruit high local school student– pop cans to build homes

• environmental organizations in Ottawa – Friends of the Central Experimental Farm – Friends of the Earth.

“Unique objects at unbeatable costs “

“Renovate your home, build a dream.”

Page 8: ReStores Challenge - Team SYENE

Prototype Webpage

Page 9: ReStores Challenge - Team SYENE

Prototype Webpage

Page 10: ReStores Challenge - Team SYENE

Targeting new audiences

Page 11: ReStores Challenge - Team SYENE

Low Cost Banners

• Clear ReStore Brand Positioning • Piggy Backing technique

Page 12: ReStores Challenge - Team SYENE

Summary of Recommendations

• Separating the ReStore branding and giving it it’s own identity –   Tweaking the website to increase ReStore’s presence– Social Media Presence  

•  Four Identifiable Target Marketing Groups– Custom flyers and e-newsletters to the different target audiences 

• Traditional Marketing Techniques– Radio broadcasts– Use of best practices identified from other stores and organizations 

• Cause Outreach– Local community events– BBQs– Local sports event (fundraising)– Partnering up with local environmental organizations– Engaging local university and high-school students