Consumer Behavior Research for Decision Making

MRK525
Closed
St. Clair College
Windsor, Ontario, Canada
JC
General
  • Undergraduate; 3rd year
  • 40 learners; teams of 5
  • 20 hours per learner
  • Dates set by experience
  • Learners self-assign
Preferred companies
  • 2 projects wanted
  • Canada
  • Academic experience
  • Any
  • Any
Categories
General Market research Product or service launch Sales strategy Marketing strategy
Skills
competitive analysis sales & marketing marketing strategy research digital marketing
Project timeline
  • September 10, 2021
    Experience start
  • September 18, 2021
    Project Scope Meeting
  • October 30, 2021
    Midpoint Feedback
  • December 4, 2021
    Experience end
Overview
Details

Guided by your organizational objectives, a group of student-researchers from St. Clair College will profile your target consumers in order to provide you with key insights and strategic recommendations.

Learner skills
Competitive analysis, Sales & marketing, Marketing strategy, Research, Digital marketing
Deliverables

The final project deliverables will be agreed upon by students, company, and educator but may include:

  • A written report detailing the challenge, recommended solutions, and action plan.
  • A 30-minute presentation with actionable recommendations based on the market research results.
Project Examples

In groups of 4-5, students will spend approximately 20 hours working on a project of your choosing. Project examples include but are not limited to:

  • Market segmentation to identify the ideal target market for a new or existing product or service.
  • Investigating the competitive landscape to identify key messaging for promotion.
  • Develop a pricing strategy based on industry research and customer surveys.
  • Identify business expansion opportunities through location analysis and customer surveys.
  • Identify key messaging via customer focus groups that investigate the competitive landscape for a new product or service.
Additional company criteria

Companies must answer the following questions to submit a match request to this experience:

Be available to present virtually in a kickoff meeting to the students.

Be available for a quick phone call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the course.

Provide a dedicated contact who is available to answer periodic emails or phone calls over the duration of the project to address students' questions.