Student Bodies
Energize your marketing by bringing students onboard.
URL:
http://www.entrepreneur.com/magazine/entrepreneur/2006/april/84034.html
When Timothy Ferriss developed a mental performance supplement
as a study aid, he hired college students to market the product for
him on their campuses. His San Jose, California, company,
Adaptagenix Applied Biosciences, doesn't have a unique
approach-many companies are hiring college students to market their
products and services on campuses, often considered students'
second homes. Dan Howard, professor and chair of the marketing
department at Southern Methodist University's Cox School of
Business in Dallas, finds that "businesses look to the type of
advertising which people are unable to avoid," and points to
the captive local audience and relaxed setting a campus provides
young marketers.
Ferriss, 28, admits he made mistakes in using students. He
initially had them hand out free samples of his supplement, which
didn't generate many sales or much word-of-mouth. "If
students can get it free," says Ferriss, "they're not
going to buy it." But after receiving stellar feedback on
improved physical performance from student athletes, he realized
targeting a specific group within the student population was key.
The product was rebranded and is now used by collegiate sports
teams at major universities. Adapta-genix is on track to reach $1.1
million in 2006 sales.
Howard advises getting permission from the administration to
appear on campus, and then recruiting student employees. Ferriss
recommends you "focus on recruiting socially connected groups,
like fraternities and sororities, to spread the word," but he
cautions against having students do the actual selling. Remember:
Just about anything can be marketed, and all entrepreneurs,
especially local ones, can benefit from student marketing.
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