SMEI Marketing Strategy
Timeline
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January 10, 2022Experience start
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January 16, 2022Project Scope Meeting
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April 2, 2022Experience end
Timeline
-
January 10, 2022Experience start
-
January 16, 2022Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
-
April 2, 2022Experience end
Experience scope
Categories
Market expansion Product or service launch Sales strategySkills
competitive analysis sales & marketing marketing strategyThe major project in this course is a marketing plan. Students conduct customer analysis, competitive analysis, and internal analysis. They develop a set of recommendations for a promotional program to launch/grow the product/service. They create financial projections with sensitivity analysis. At the end of the course the report is turned over to the firm.
Learners
A written report and presentation (if desired) will be given to the firm. The written report will typically contain the following:
1. Executive summary
2. Situation analysis (Category and competitor definition; Customer analysis; Competitor analysis; Channels analysis; Company analysis)
3. SWOT analysis/Formulating objectives
4. Recommended Product/Service/Activity strategy
5. Recommended supporting marketing programs
6. Monitors and Controls
7. Contingency Plans
Project timeline
-
January 10, 2022Experience start
-
January 16, 2022Project Scope Meeting
-
April 2, 2022Experience end
Timeline
-
January 10, 2022Experience start
-
January 16, 2022Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
-
April 2, 2022Experience end
Project Examples
Requirements
Typically students work for smaller companies that wish to grow. For example, past students have done marketing plans for a non-profit looking to increase their volunteer base, a tea company looking to enter the local market, a wine tour company looking to expand into micro brew tours, a local sports team looking to increase revenue, etc.
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
A representative of the company will be available to answer questions from students in a timely manner for the duration of the project.
A representative of the company will be available for a pre-selection discussion with the administrator of the course to review the project scope.
Timeline
-
January 10, 2022Experience start
-
January 16, 2022Project Scope Meeting
-
April 2, 2022Experience end
Timeline
-
January 10, 2022Experience start
-
January 16, 2022Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
-
April 2, 2022Experience end