IHRB x Hult Hult International Business School

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IHRB x Hult Hult International Business School
Hult International Business School

           IHRB x Hult
             Pave a way to a collective mindset through art
                                                              MAKE LIVE A LITTLE BIT BETTER.
                                                                       DAY BY DAY.

                                                                    TEAM 3
IHRB x Hult Hult International Business School
Problematic    Unequal           Wasted
 perception   treatment         potential

                          PROBLEM STATEMENT
IHRB x Hult Hult International Business School
SOLUTION

Viral
marketing
campaign
based on NFT art
IHRB x Hult Hult International Business School
Ethereum blockchain = cryptocurrency

                                 Unique, not replaceable

                                 One-of-a-kind trading card

                                 Stores extra information

                                                              "NON-FUNGIBLE TOKEN"

        Beeple, 2020
- Collection sold for 69 mil $
                                                           What is NFT?
IHRB x Hult Hult International Business School
This is a gif.
Everyone can reshare it,
but there is only one owner!

           "NON-FUNGIBLE TOKEN"

        What is NFT?
IHRB x Hult Hult International Business School
Ethereum blockchain = cryptocurrency

                                 Unique, not replaceable

                                 One-of-a-kind trading card

                                 Stores extra information

                                                              "NON-FUNGIBLE TOKEN"

        Beeple, 2020
- Collection sold for 69 mil $
                                                           What is NFT?
IHRB x Hult Hult International Business School
Why NFT?

01                       02                    03                     04

Market tripled in 2020
                                               The number of
                         The total value of    buyers increased by
Todays maket cap:                                                     User counts on NFT
                         transactions          66%
$25 bn                                                                trading websites
                         increased from
                                                                      shot up to 500 000
                         $62,862,687 in 2019
Total trading volume:                                                 weekly user by
                         to $250,846,205 in    The number of
$ 3 bn                                                                March 2021
                         2020 (299%)           sellers increased by
                                               24%
Increase: 69%
IHRB x Hult Hult International Business School
TARGET AUDIENCE

   Perception-Changers   Perception-Accepters

      16-34                  25-50
      GenZ                   Boomers
      Millennials            Millennials from rural background

      English-Speaking       Semi English-Speaking
      On Social media        Partially On Social media

      Instagram              Instagram
      TikTok                 Facebook
      Reddit                 Reddit

      Open to a change       Not ready for a change but for acceptance
      Future to come         Closely associated with one/several
                             Perception-Changers
IHRB x Hult Hult International Business School
NFT = "Now for them"
Campaign

  Several artists collaborate with migrants
     4-minute videos
     Drawing
     Question-round

  Collection of digital art

  Themes
     Journey
     View of their world
     Past, present and future perspectives
     Hopes and dreams
IHRB x Hult Hult International Business School
ROAD MAP

01                                   02                                      03
Artist x migrant                     Advertising to                          Advertising to
worker collaboration                 buyers                                  audience

Create a dialogue between artists    Limited Availability                    Posts on artists' social media
and migrant workers                                                          with Thank you notes
                                     Story of the extended art
4-minute video plus 2 questions                                              Create buzz on social media by
                                     Post Behind-the-Scenes Content of       installing and then promoting
Submissions are sent to artists      Creation and Announcement on Artist’s   QR murals in London
                                     Social
Artists create art pieces based on                                           Hashtag for the QR scavenger
the info they have                   Creation of QR-Code Murals for a        hunt
                                     Scavenger Hunt of QR-Codes
Multi sensual input
WHO ARE OUR PEOPLE?

 01
 Artists

 Visibility, brand-power,
 story behind the art

 Valuable art pieces

 Examples: PAK, Mad Dog
 Jones, Eduardo Pena,
 ArtbyNafay, Beeple
MADDOGJONES    BEEPLE      MICAH_JOHNSON

              Artists

    PAK       ARTBYNAFAY   TREVORJONESART
WHO ARE OUR PEOPLE?

 01                         02                          03
 Artists                    Migrant workers             NFT Buyers

 Visibility, brand-power,   UK based                    HNWI:
 story behind the art                                   Interests: Art, NFTs
                            A difficult migration       clean image of dirt specks
 Valuable art pieces        process/story
                                                        Segmentation: HNWI, Hipster
 Examples: PAK, Mad Dog     Working or trying to find   Open to Migrant-created Art
 Jones, Eduardo Pena,       work here
 ArtbyNafay, Beeple         maybe with a family         Museum
                                                        Interest: expand the collection
                                                        Open for Digital
                                                        progressive museum/art
                                                        funding
Timeline
             Collaboration                       Sales                                       Revival
             Content Curation                  Auction off art                         Hunt & Artbook prep
             Content Creation                                                            + Advertisment

               W3 / W2                         W3 / W4                                      W3 / W4
             JUNE - JULY21                      JULY 21                                      AUG 21

 W1 / W2                        W4 - W3                             W1 / W2
 JUNE 21                     JUNE - JULY 21                         AUG 21

 Contact                     Advertisment                          After Buzz
  Migrants                      Social Media                         Creation &
   Artists                      IG account                       Installation Murals
Thank you

Sneak peek
Appendix
Methodology

                       Research of the 6 most immigrated regions    Realisation that with the current
                 Germany                                            budget it is not feasible to implement a
                 UK                                                 system for immigration & education
                 UAE & Singapore
                 Russia
                 Italy

              Findings
                 Many misconceptions                               No hero campaigns manageable
                 Unfair treatment                                  Need for campaigns to finance
                     Slavery                                       itself
                 Misused potential                                 Money earned to be invested in
                 Minimal chances in new country for                new systems
                 qualified people
                 Perceived as criminals, low in worth
Appendix
                          715,000 people migrated into the UK (2020)

                           403,000 people emigrated (2020)

                          6.2 million people were living in the UK
                          who had the nationality of a different
                          country

https://commonslibrary.parliament.uk/research-briefings/sn06077/       https://migrationobservatory.ox.ac.uk/resources/briefings/migrants-in-the-uk-an-overview/
Appendix

                       Unemployment of non EU migrants
                       rose to 7% whilst EU migrants
                       unemplyment rate rose to 5% in
                       2020

https://commonslibrary.parliament.uk/research-briefings/sn06077/   https://migrationobservatory.ox.ac.uk/resources/briefings/migrants-in-the-uk-labour-market-an-overview/
Appendix

                                                       Average sales overall
                                                       price is 1,549 $ ( very
                                                       volatile)
                                                       NFT's have perceived
                                                       value dependent on the
                                                       artist and purpose
                                                       Cannot be calculated

         Beeples collection of NFTs were sold for 69 mil $
         Up and coming artist charge between 5,000-50,000$

https://www.businessinsider.com/is-nft-market-bubble-crypto-art-sales-popular-prices-plunge-2021-4?r=US&IR=T
Appendix

     26% of all UK citizens use QR codes
     1 in 3 15-24 year olds scan QR codes
     By 2022, 5.3 billion QR code coupons to be
     redeemed (Juniper Research)
     By 2022, 1 billion smartphones will access QR
     codes (Juniper Research)
     46.75% of UK & US citizen will increase their QR
     code consumption according to a survey by
     Gartner

                                                                https://www.statista.com/statistics/199328/qr-code-scanners-by-age/
https://www.marketreach.co.uk/blog/QR-codes-are-far-from-dead
Appendix

Benefits of QR codes
   Awareness / brand management
   Unique value exchanges
   Inform and educate audiences
   Boost sales, donations and registrations
   Drive events
   Social shareability
   Sustainable & increase green credentials
   Collect GDPR compliant first-party data

 https://www.marketreach.co.uk/blog/QR-codes-are-far-from-dead   https://www.marketreach.co.uk/blog/QR-codes-are-far-from-dead
Appendix                          01
                                  Managerial
                                     IHRB Instagram account               /
                                     Negotiation artist share of          15-20%

       Budget
                                     profits after sales
                                     Opensea or similar account           £ 65

                                  02
       Summary for London
                                  Advertising
       -> Staying within budget
                                  Online
                                      Instagram Ads                       £ 300
                                      Instagram page management           £ 500
                                  Print
                                      Mural promotion                     £ 1000
                                      Rent graffiti walls / Stencil Ads   £ 1000
                                      "Now for them" - Art book           £ 1500

                                                                          £ 4365
                                                                          excl. artist share
MayW1-Contact                                    JunW3-NFT Sales
    Artists and Migrants                             NFTs are auctioned off

                            MayW3-Collaborate
                                                                               JulW1-Murals
                            Perform artists x mirgants
                                                                               Design Murals
                            collaboration

MayW3-Social Media
           Promos                                    JulW3-Installation
  Artists post Content on                           Install Murals in London
                Progress

                                                                               AugW1-Announce
                            MayW4-IG Page
                                                                               Hunt
                            Start promoting created
                                                                               Start a Scavenger Hunt in
                            NFT on artists' social media
                                                                               London
                                                   AugW1-HuntPromo
                                                        Post Locations and
                                                 Information on the Hunt on

            Time frame
                                                                the IG Page
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