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Marketing Management (Marketing Plan - Summer Term)

MRKT 621
Closed
University Canada West
University Canada West
Vancouver, British Columbia, Canada
Dominika Hanc
Dominika Hanc
Faculty Member
(8)
6
Timeline
  • July 25, 2022
    Experience start
  • July 27, 2022
    Briefing Session
  • September 14, 2022
    Student's Presentations
  • September 28, 2022
    Experience end
Experience
3/3 project matches
Dates set by experience
Preferred companies
Canada
Any
Any industries
Categories
Customer segmentation Social media marketing Marketing analytics Competitive analysis Marketing strategy
Skills
digital marketing sales & marketing marketing strategy
Learner goals and capabilities

This semester MBA students working in small groups will apply their knowledge in marketing to help your organization seize a marketing opportunity, develop a strategic marketing plan, or solve a current marketing challenge. The students will use marketing research, strategy, digital promotional tools, and marketing best practices to create a report and presentation.

Learners
Post-graduate
Any level
40 learners
Project
10 hours per learner
Learners self-assign
Teams of 7
Expected outcomes and deliverables

Students will submit a 10-page report including their research, analysis, insights, and recommendations.

Students will also submit a pdf slide deck summarizing their key findings and recommendations to share with your employees.

Project timeline
  • July 25, 2022
    Experience start
  • July 27, 2022
    Briefing Session
  • September 14, 2022
    Student's Presentations
  • September 28, 2022
    Experience end
Project Examples

The outcome of the project is a Marketing Plan for the company based on the current situation analysis and business needs.

Examples include but are not limited to:

  • Marketing strategy review: Providing recommendations on your target market and what methods you can use to leverage and improve your marketing strategy based on your organization's budget and current marketing strategy.
  • Segmentation and targeting: defining best-fit audience segments to market your products to.
  • Marketing Mix strategy: Providing insight and recommending sustainable strategies related to the Marketing Mix (Product, Place, Price and Promotion).
  • Social Media: An analysis of how to leverage social media channels to reach different customer groups
  • Conduct external desk analysis (including customer, competitor, market and environment) as well as marketing mix performance.
  • Developing an integrated online/offline communication strategy with pop-up stores, outdoor display ads, and app features recommendations.

Please, note that teams won't do any implementation, this is a top-line strategy report with recommendations and examples, but it won't provide any specific tactics or deliverables other than the plan. For example, students won't build websites, create content, schedule posts, search for SEO keywords, etc.

The Marketing Plan should outline the marketing strategy and tactics for your company, including all or some of the following sections:

  • Background and Objectives
  • Situation and Environmental Analysis
  • Marketing desk research (including customer, competitor, market and environment)
  • Segmentation, targeting, and differentiation (best-fit audience segments to market your products to).
  • Marketing Mix strategy: Providing insight and recommendations of sustainable strategies related to the Marketing Mix (Product, Place, Price, and Promotion) based on the organization's budget and current marketing strategy. For example, Product/Service– differentiation from the competition, packaging, product categories recommendations. Price - pricing strategy, suggested selling price, price and quality relationship – perceived value. Place - channels of distribution, availability, cost. Promotion - advertising, online marketing, social media, sales promotions, PR, integrated online/offline communication.
  • Budget
  • Measures of success
  • Conclusion
Companies must answer the following questions to submit a match request to this experience:

A Canadian company, min 1 year on the market

Provide a dedicated representative available to attend an online meeting to tell students about your company and your goals for the project before the first milestone AND answer periodic emails or phone calls over the duration of the project to address students' questions

A dedicated representative available to attend the students’ marketing plan online presentation during the final week of the course as well as to provide feedback to the instructor and students.

Provide an official letter of recommendation, endorsement on students' LinkedIn page, or a reference of their cooperation with the business

A dedicated representative available for a quick online call with the instructor to confirm your scope is an appropriate fit for the course.

Attend a kickoff class online meeting to tell students about your company and your goals for the project before the first millstone (second or third week).