IXL Social Enterprise Case Studies Energy January 2012 | Page 13

Revolutionizing the way to make energy affordable for everyone their family’s household computer purchase. By rapidly expanding the population of users, school sales help to catalyze the development of third-party software that increases the appeal of Apple’s hardware platforms for all customers. UnderArmour, the athletic clothing manufacturer which has enjoyed years of very rapid growth, had a similar strategy. UnderArmour initially targeted its high-performance apparel at university-level athletic teams who were willing to pay a premium price for any competitive edge. Because sales to these university teams positioned UnderArmour as an exclusive, highvalue product, the brand has been able to retain its premium pricing even as it has entered the mass market for athletic apparel. SunnyMoney can learn from these examples of enterprises that have achieved mass-market presence by building on the early support of a core customer segment. Success with a valuable segment of passionate early adopters could provide SunnyMoney with revenue to fund growth and market presence to catalyze awareness and adoption. Are there new ways to deliver SunnyMoney’s solutions? SunnyMoney is optimistic about the potential to partner with teachers, headmasters, community leaders and other trusted figures in part because of the success of the Mafia Island school-based promotion program. SunnyMoney needs to find similar and new channels that increase the sales conversion rate and provide access to target customer segments. Can SunnyMoney learn from Grameenphone, Natura and Carphone Warehouse? In 1997, Grameenphone, a joint venture between Norway’s Telenor telecoms company and Grameen Telecom Corp, a non-profit affiliate of Grameen Bank, introduced an innovative concept called the Village Phone Program. Grameen Bank lends money to village women in Bangladesh21 to buy a cell phone and airtime from Grameenphone. These ‘phone ladies’ can then start a service business renting out their phones and airtime to other villagers, generating income for themselves while expanding Grameenphone’s access to new customers. Natura, Brazil’s largest manufacturer and seller of cosmetics, relies on a direct sales model. Natura’s 1.5 million “consultants” in Brazil build on existing social relationships to sell cosmetics. The system works because all Natura employees, including the sales consultants, are strong believers in the company’s motto: “Well being well,” meaning one has to have a good relationship with oneself and one has to have a good relationship with others and with the environment in order to be “well.” The sales consultants have excellent relationships with their clients that go beyond just the sale of beauty products. Natura reaches its customers without fancy stores or attractive ads, relying instead on people who build relationships and communicate what Natura is. Car