Independent University Newspaper
Copenhagen Business School

Popular searches:

Independent University Newspaper

Copenhagen Business School

Simple concept from CBS students can change Pandora’s sales

The winning group from the Pandora-pitch. Mathias Oldrup, Maria Mosgaard Steffensen, Maria Wulff-Høyer, Line Cecilie Juliussen,Julie Lundtoft Jensen, Elizabeth Björkqvist, Cecillie Schaadt King. (Photo: Anne M. Lykkegaard)

Fewer British men buy Pandora jewelry as gifts. CBS students were asked to crack the case and present solutions to Pandora’s executive team. The live case format builds a bridge between theory and practice and it’s here to stay, according to a CBS teacher and the person who developed the concept

News |   21. May 2019

Anne Thora Lykkegaard

Journalist

Jewelry company Pandora has a problem: Fewer British men are buying jewelry as gifts. So how can Pandora increase sales among British men?

This was the case that students from the cand.merc.(kom) program at CBS were presented with about two months ago, along with about 60 pages of data from the company. The five groups of students from the program had to act like real agencies, find solutions to Pandora’s issue, and present them to Pandora’s executive team live on May 9, where one group was picked as the winner.

“We came up with a campaign and concept revolving around everyday life. We called it ‘Simply Because’, as we wanted to show Pandora that by making jewelry part of everyday life, you’re not just relying on seasonal sales, such as Christmas and Valentine’s Day, and can stretch it across the entire year,” explains CBS student Cecillie Schaadt King from the winning group about the concept and continues:

“We discussed that we need to feel appreciated in our day-to-day lives and it’s also the most unexpected time to get gifts. We get caught up in fiddling with our phones or taking care of trivial chores. But if you’re given jewelry simply because you’re a good mother, a best friend or a team player, you value it in another way.”

Agency number two is presenting their campaign ‘Simply Because’ to Pandora. (Photo: Simon Krogh)

The idea for the live case format came from External Lecturer at CBS, Kristian Eiberg, who is also the CEO of the communications agency RelationsPeople, and it’s the sixth time he’s been running it as an elective.

“The intention is to imitate the process of a real agency that aims to win a pitch. Instead of just reading about a campaign, the different elements in it, and the collaboration between an agency and a customer in curriculum, we aim to translate it into a sort of role play, where the students get a real case from a real company,” he says.

Four people from Pandora’s global marketing team attended the presentation from the five different ‘agencies’. Afterwards, they gave the individual agencies feedback and announced the winning pitch. And Pandora found all of the presentations extremely valuable.

“This is a brilliant way for us to see what the students are learning and what ideas they have. And we get a peek into the future of marketing, and what we should prepare for,” says Henriette Stensvik, Brand Director at Pandora.

One of the things that Pandora really liked about the winning pitch was the idea of making a handwritten note to accompany the purchase. Cecillie Schaadt King explains that if you buy a piece of jewelry for your mother, you can attach a note saying; ‘Simply because you’re my mum.’

“The idea about making a handwritten note and putting it in the box is very tangible and it’s easy to do. It’s definitely an idea I will suggest to Pandora,” says Henriette Stensvik.

No ECTS, but lots of learning

Although the students spent two months on the project, they won’t get a grade for it. They don’t even get ECTS points. It’s 100 percent voluntary and an addition to mandatory studies. So why even consider adding extra workload on top of your studies, job and other hobbies?

“Because we learn how to use the theories in practice. And doing it with a live case is something different, as we get to see how Pandora can use our ideas,” says Cecillie Schaadt King and continues:

“But most importantly, I’ve learned to work with other students with different backgrounds, and have seen how we can complement each other in a group. That’s been really helpful.”

Elizabeth Björkqvist worked together with Cecillie Schaadt King, and she too has learned a lot from doing the Pandora case.

“When you pitch to a real company, you have to figure out what should go in the presentation because you want to make it as sharp as possible,” she says.

Experienced communications professionals like me have a responsibility for the next generation of professionals

Kristian Eiberg

Simon Krogh, Teaching Associate Professor at the Department of Management, Society and Communication and Course Coordinator, thinks that the case format is an obvious learning format for students at the master’s level.

“As a business school, we have an interesting dual role. When we educate students, we need to give them a rock-solid theoretical foundation. That’s beyond dispute. But when students move to the master’s level, they’re only a few years away from putting their knowledge into practice. I think an elective like this builds a bridge to the real world, which is important for students to understand too,” he says.

Making it mandatory?

Kristian Eiberg has been developing live cases at cand.merc.(kom) since 2006, but in different formats, and he thinks he knows why the live case format is growing in popularity.

“The students are very practice-oriented. Today, everyone has a student job because they want to use what they learn at CBS. It’s the same with case competitions. And I think that the sort of adrenaline rush you get from doing a live pitch fits well with the students,” he says.

The global marketing team from Pandora together with the winning team. (Photo: Anne M. Lykkegaard)

So far, the live case project is a voluntary elective, but Kristian Eiberg hope that the live case could one day become a mandatory part of the Marketing Campaigns course at the cand.merc.(kom) program.

“It’s our ambition that the live case becomes a mandatory part of the course. Students ask me ‘Why isn’t it mandatory?’ and I know that other teachers are interested in the format too,” he says.

Simon Krogh thinks it would be great to have it as a mandatory part of the program and part of the exam too. And he thinks it would fit in well with a lot of courses at CBS.

”For this elective, the students made campaigns that are very much in line with what happens in the real world, and I think it would be possible for a lot of study programs and different types of courses to implement the practical part too. Especially for programs that are very practice-oriented,” he says.

When Kristian Eiberg develops content for live cases, he spends several hours finding the perfect company with a real-life challenge that’s relevant for the students to work on. But wouldn’t it be much easier to just find a case in a textbook and ask the students to solve that instead?

“Experienced communications professionals like me have a responsibility for the next generation of professionals. Someone paved the way for me, and I would like to do the same for the next generation so they can become well-versed within the field. This is what drives me when I put time and effort into making live cases,” he says.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Simple concept from CBS students can change Pandora’s salesby

  • News

    Staff layoffs: What happens if you’re fired

    The clock is ticking. On Thursday morning (5 October), CBS employees will know if they are up for dismissal or not. But what will happen on the day? What emotional stages are you likely to encounter? And who will be there to pick you up when you are feeling the blow of being laid off? CBS WIRE has talked to HR and the consulting agency Actief Hartmanns to provide you with answers.

  • News

    Network, network, network – CBS graduates advise on getting your first job

    There are many approaches to finding your first job. Three recent CBS graduates talk about how they landed theirs. Their approaches were quite different, yet they all highlight networking as a key element.

  • News

    A-Z of the dismissals

    In these final days of September, the fate of a number of CBS employees is being decided. The final amount of money saved on salaries via voluntary severance agreements (aka redundancy packages, Ed.) and senior agreements will be known.  After this, the actual number of employees up for dismissal will be decided by management – and then the individuals will be selected.

  • News

    Layoffs break the crucial trust between organisation and employee

    CBS is laying off a number of employees soon, which will affect our university in different ways. When employees are fired without having done anything wrong, it shatters the trust between the organisation and employees, while also taking a toll on productivity, according to a CBS expert. Layoffs also affect the ‘survivors’, who are forced to adapt to a changed workload and the loss of cherished colleagues.

  • News

    Here to help – at the touch of a button and at Campus Desk

    Exam anxiety? Lost student card? I’ve wedged my car between a Fiat 500 and a lamp post, can you help? You never know what you’ll be asked next. But that’s just how the Campus Desk team like it. And if they can’t fix your problem, they’ll know someone who can. CBS WIRE asked the team about the whole range of topics they advice on every day.

  • Gif of the week
  • News

    CBS Quiz Time: Unraveling the success story

    A successful university environment such as CBS is often associated with academic pursuits, but campus life extends far beyond the classroom. At CBS Quiz Time, a student society motivated by creative thinking and social engagement, students join in a refreshing range of creativity, excitement, and social interaction. CBS WIRE talked to Celine Møller-Andersen to find out about the society’s vision, strategies and the factors that are driving its rapid expansion.

  • News

    Why so sudden? The CBS financial crisis explained

    Employees and union representatives have posed many questions in the wake of the 17 August announcement of a firing round. In this interview, University Director Arnold Boon explains how Senior Management has been working with the budget and a change of financial strategy since the fall of 2022, and why layoffs are now necessary.

Follow CBS students studying abroad

CBS WIRE collaborates with Videnskab.dk

Stay connected

Close