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SEARCHING FOR EARLY-STAGE ENTREPRENEURS!
If you would like a chance to feature in Irish Entrepreneur's 'Crux of The Matter,' then all you have to do is email us with your full contact details and we will be in touch.

In our fourteenth series Linda Pearson talks to Elaine Heney founder of Irish Natural Horsemanship, about her business’ crux at present.

VITAL STATISTICS
Elaine Heney, founder of Irish Natural Horsemanship
Business Name:
Irish Natural Horsemanship
   
Year of Set Up: 2006
   
Founders: Elaine Heney
   
Location: Tipperary
   
Business Type: Natural Horsemanship Education

Natural Horsemanship (NH) is a method of horse training which has enjoyed great success in America, UK, Europe, Australia and New Zealand, and interest in learning about this form of horse training in Ireland continues to grow each year. Natural Horsemanship involves building your knowledge of equine behaviour, psychology and communication, in order to become more successful horsepeople, using gentle methods of horse training. Irish Natural Horsemanship (INH) offers Natural Horsemanship education including e-learning CD-ROMs for young riders and natural horsemanship lessons and clinics in Ireland for all ages.

Background

The INH website www.irishnaturalhorsemanship.com was set up in 2003 to provide information on NH in Ireland. In 2006 natural horsemanship lessons were available in Ireland, and in March 2006 INH’s first elearning CD-ROM for children ‘Gentle Horsemanship for Young Riders CDROM’ was published in both UK English and American / Australian English editions. The CD-ROM has featured in reviews, competitions and write-ups mainly in the UK and Ireland, in both natural horsemanship and general equestrian magazines and websites.

Elaine Heney from Tipperary is the director of Irish Natural Horsemanship. She is an experienced riding instructor, has taught in New Zealand, U.K. and Ireland, and holds the Queensland Natural Horsemanship Australia Level 2 Certificate. She also has five years experience working with international e-learning IT companies in the UK and Ireland as a developer, manager and producer. INH was financed by a loan from founder Elaine Heney.

Current Status

Currently, INH’s first e-learning CD-ROM ‘Gentle Horsemanship for Young Riders’ for ages eight to 13 is available to buy from their online shop, and also from tack shops and saddlries in the UK, New Zealand, Australia, America, Canada, and South Africa. Design and graphic work has started on their second CD-ROM ‘Gentle Horsemanship for Beginners’ for ages five to eight which is due for publication this summer.

Demand for lessons in Ireland continues to grow, from both adults and children. In association with Brad Weeks of Queensland Natural Horsemanship Australia, it is now possible for Irish students to train towards the Queensland Natural Horsemanship (QNH) Level 1 exam with their horse or pony. Clinics and lessons are ongoing with a charity Irish Horse Welfare Trust one day NH clinic scheduled for North Tipperary in June, and a childrens ‘natural horsemanship fun day’ in Sligo.

Expansion

Demand for equestrian lessons and clinics continue to grow. As this demand increases, more clinics will be scheduled and INH’s international instructors will also be holding clinics in Ireland from next year. With the expansion of e-learning CD-ROMs, the challenge will be to expand the sales of the current CD-ROM, and effectively promote and advertise the new CD-ROM for beginners. Currently a free short demo version of the ‘Gentle Horsemanship for Young Riders’ CD-ROM is available on the web as a promotional tool. This is currently being used by pony clubs in Jamaica and Australia. A short demo of the new CD-ROM for beginners will go live this autumn.

Future Plans

INH plan to continue providing a website where interested parties can find out about NH in Ireland and also to continue providing lessons and clinics around the country. If demand continues to grow, future plans include setting up agreements with equestrian centres around Ireland to hold regular day and weekend clinics, and to create a children’s NH exam system to prepare them for the adult QNH exam certificates. Plans also include increasing the sales of the CDROMs and working with Brad Weeks to produce a range of DVDs suitable for adults on the QNH exam system.

Crux Of The Matter

While interest in natural horsemanship lessons and clinics continues to grow, Heney wants to work on the promotion of the current CD-ROM and the launch and promotion of the next CD-ROM, in order to maximise sales. The crux of the matter at present is also to increase sales and sales channels for the ‘Gentle Horsemanship’ CD-ROM and to successfully promote and launch the new CD-ROM for five to eight year olds this summer.

QUESTIONS FROM IRISH NATURAL HORSEMANSHIP TO THE PANEL

  1. INH is now exporting their first CD-ROM to small resellers and wholesalers abroad, but how can they continue to grow sales, and particularly new sales channels abroad?

  2. INH’s new CD-ROM is due for publication this summer so what is the most effective way to publicise, launch, and promote it?

  3. Would it be beneficial to look for sponsorship, promotion or distribution from an agricultural or rural company in exchange for an association with a quality Irish equestrian educational brand?

Kevin Sheehan, Partner, SME Services, Deloitte, heads up the panel of experts below who give their advice on how Elaine Heney of Irish Natural Horsemanship can grow her business.

MARKET RESEARCH
Kevin Sheehan, Partner, SME Services, Deloitte.
The equine industry in Ireland, although high profile and very successful, is still a niche industry. Natural Horsemanship is a further speciality within training circles. Elaine Heney should stop, catch breath, and consider how products are traditionally brought to market.

Considerable market research normally happens prior to the development of a new product. What is not clear here is whether Heney has any information in respect of the size of the potential market for the CD-ROM products.

Cost V Benefit Analysis
Marketing a product can be a costly business. Without clear goals as to sales potential, planned margin earned on projected sales, and production and distribution costs, it is difficult to assess how much one should, or can afford, to spend on any form of promotion, other than the website. Numerous options are available to promote this product ranging from television/radio adverts to less costly and more focused adverts in trade journals and agricultural publications and exhibit stands at equine shows. Before deciding on any promotional spend, consideration has to be given to the potential audience reached and the sales conversion rate.

Market Penetration
Another approach is to partner with equestrian schools. This will cost on the margin side due to the schools profit share but could be a boost to market penetration.

Kevin Sheehan, Partner, SME Services, Deloitte.
Head of Panel for Crux of The Matter.


INCREASING SALES
Mary Ryan, Assistant Director, WESTBIC
Irish National Horsemanship have obviously identified a trend for a different method of horse training. Having successfully presented this training methodology in its first e-learning CDROM, the real issue now is to increase sales for this and subsequent products.

Sales Channels
Key to extending their geographical remit is to increase the level and range of sales outlets. Attention should be given to increasing on-line sales outlets, other than through just the companies own website, as well as aiming to secure a number of international equestrian chain outlets.

Endorsement
To support an extended sales distribution strategy the promoter should aim to gain endorsement from a notable person or number of recognised people across the identified markets that will appeal to its young audience. This extended campaign could be supported financially through sponsorship from an international equestrian brand that could feature in the CD-ROM’s.

Consideration should also be given to changing the cover of the existing CD-ROM as part of any sponsorship deal. Finally, the promoter should develop distinct marketing strategies for the sale of the CD-ROM’s and the development of the equestrian lessons and clinics.

Mary Ryan, Assistant Director, WESTBIC

FINDING A SOLUTIONS
Mark Fielding, Chief Executive, ISME
On first read, there seems to be two quite distinct but related businesses involved in Irish Natural Horsemanship; face to face lessons and clinics and the marketing and sale of e-learning CD-ROMs. Both of these businesses require very different resource inputs and the danger is that one will drag from the other, not allowing either to prosper or grow.

Decide On Priorities
The solution must lie in the phrase ‘horses for courses’, as there is a world of difference between teaching horsemanship, in whatever manner, and global selling of educational CD-ROMs, of whatever sort. Elaine needs to decide on her business and personal goals and priorities and then begin to plan accordingly making hard but necessary choices. There are specialist e-learning companies who have the real expertise in this area and more importantly the spread of distributors, who could be approached to market and sell the CD-ROMs globally. Elaine can retain a royalty interest to compensate for her input and maybe hold on to the Irish market as her sales area.

Using Expertise
Elaine’s forte seems to be in teaching and holding clinics for the pupils, both young and old and here is where she can best use her expertise and limited resources. A further investment in this area should bear fruit with the resultant increase in take up of the clinics and teaching.

Mark Fielding, Chief Executive, ISME


LAUNCHING THE CD-ROM
Ann Murtagh, Business Strategist, AIB
A well-presented and succinct press release, that attracts the attention of journalists in the trade or in the press could be a very effective way for Elaine to launch her cdrom and publicise it. Community involvement and sponsorship could also help enhance INH’s public image, attract new customers and build customer loyalty and confidence. An interview with the press could be rewarding for Elaine’s business too.

Advertising
Trade and specialist magazines could be an excellent medium for getting Elaine’s message across to her target audience. The Internet is a cheaper alternative to television and radio advertising and can combine the graphics, picture, text, animation and sound capabilities of all the other media to produce attractive and eye-catching advertisements. As well as having her own website, Elaine could also negotiate an advertising deal with an existing online publication or web site which suits her strategy.

Sales Methods
Face to face selling will give a personal face to the INH business and gains immediate feedback. Trade fairs and exhibitions would offer an excellent opportunity to promote Elaine’s business and expand her customer base. Direct marketing, using the post, telephone or email is a cost effective method of reaching a target audience, especially an overseas audience. Finally, INH could find online sales effective for selling to overseas customers.

Ann Murtagh, Business Strategist, AIB


IMPORTANCE OF RESEARCH
Brian O’Kane, Managing Director, OAKTREE Press
As a one-stop shop for NH in Ireland, Irish Natural Horsemanship’s knowledge of its marketplace should be second to none. But INH seems to have made the classic mistake of making first, finding buyers later. Rave reviews are no substitute for cash sales.

Market Research
Before doing any more work on the second CDROM, Elaine Heney must do some market research. First, how many people practice NH in Ireland today, that’s the current market. Then identify all the possible horse-related outlets for CD-ROMs and talk to them about their experience, if any, of selling CD-ROMs. Next, identify other CD-ROM outlets and talk to them about their experience, if any, of selling horse-related CD-ROMs. If people aren’t buying horse-related CD-ROMs in reasonable quantities in either channel, there’s some thinking to be done.

Translate Publicity To Sales
Talk to customers who bought the first CD-ROM and ask why did they buy it, where did they buy, for whom did they buy. Only then can INH begin to plan the roll-out of the second CD-ROM. Launching and publicising it is not the issue, Elaine did a great job first time out but, without market research, publicity will not translate into sales. And sponsors will want to be sure that INH can deliver value to them by putting CD-ROMs into riders’ hands.

Brian O’Kane, Managing Director, OAKTREE Press

If you would like a chance to feature in Irish Entrepreneur's 'Crux of The Matter', then all you have to do is email us with your full contact details to cruxofthematter@irishentrepreneur.com and we will be in touch.