24-Dec-2021

Model United Nations is an extracurricular activity accepted as a powerful experiential learning instrument. It is estimated that about 2 million students from around 100 countries participate in these model united nations conferences. Students looking for a pedagogy, a vehicle for global citizenship, a leadership role and a great college application apply for these conferences. These MUN conferences have gained popularity and have continued in their expansion.

So, how do you start a business model using MUN

1. Define Your Consumer Market

When creating a business, you need to decide what you want to sell and to whom? So, first, analyse whether it is a high school or university-level conference? Is the conference beginner or experience-oriented? What experiences do you want to provide to the MUN delegates how attend the conferences? The correct definition of the target consumer is crucial because it helps you advertise your products and conference.

2. Define The Market

You can use the market and sell the conferences as an international body. You can also use the conferences to help the delegates in their public speaking and help them with their MUN work. You can start by collaborating with various public speaking courses willing to coach the students coming to your conferences. You can even advertise your Model United Nations conference as a stimulating conference which may help you attract students from international politics, studying law, management and social sciences. Identifying the right market will help you a better look at the prospective delegates.

3. Highlight your USP

Most organisers held these model united nation conferences. But you are the only ones who have to decide what you can offer more to encourage your targeted consumer to choose you? How can you make your MUN conference different? How can you bring in more sponsors for the conference? How you can bring in funding for the conferences. This is important because highlighting your traits can help you gain more participants and more sponsors. When you offer something unique, much more different than others, you are making more sales.

4. Collaborating with the Advertisers

Do you know how MUN conferences rake in more mullah? They collaborate with various brands that are targeting these students. You can join hands with schools, colleges that want these bright young students to attend their institutions. You can ask a brand to build stalls to cater to these young audiences. The brands could be anything from stationery, audiobooks, apparel confectionery, and more. These brands can use the conference for advertising and marketing the goods, and you can gain advertising money.

5. Set and Achieve Your Goal

It’s good to have confidence and ambition. But unreasonable numbers will set you back. Therefore, while setting targets for your business, think about how many delegates you can afford to bring in. Be realistic with the number of delegates, number when recruiting chairs, booking venues and printing handbooks, and your profits. If you set your expectations too high, you may feel disappointed if you fail short of the target.

Also Read: Cracking The Writing A Mun Position Paper Secret