Retail/Channel Marketing Strategy Challenge

MRKT-3017
Closed
Red River College Polytechnic
Winnipeg, Manitoba, Canada
Andrea McCann-Suchower
Instructor
(11)
3
Timeline
  • February 20, 2021
    Experience start
  • January 19, 2021
    Initial meeting with the industry partner
  • February 20, 2021
    Group agreement
  • March 10, 2021
    Rough draft
  • April 1, 2021
    Recommendations
  • April 10, 2021
    Presentations ready, final plan resubmitted
  • April 25, 2021
    Experience end
Experience
9/15 project matches
Dates set by experience
Preferred companies
Anywhere
Any, Non profit, Small to medium enterprise, Sole proprietorship, Family-Owned
Any industries

Experience scope

Categories
Market research Marketing strategy
Skills
competitive analysis business strategy marketing strategy data analysis research
Student goals and capabilities

Student-consultants will work in groups of 4-5 to apply their knowledge in retail/channel marketing to help your retail organization seize a marketing opportunity, develop a strategic retailing plan, or solve a current marketing challenge. This course provides a study of Canadian retailing from a marketing perspective. The emphasis, therefore, is on decision making, customer analysis, site selection, organization store layout and design, and strategic planning.

Students

Students
Undergraduate
Any level
64 students
Project
20 hours per student
Students self-assign
Teams of 5
Expected outcomes and deliverables

1. A detailed written report that summarizes the challenge, recommended solutions, and action plan.

The video presentation has been cancelled due to the overall workload of online classes.

Project timeline
  • February 20, 2021
    Experience start
  • January 19, 2021
    Initial meeting with the industry partner
  • February 20, 2021
    Group agreement
  • March 10, 2021
    Rough draft
  • April 1, 2021
    Recommendations
  • April 10, 2021
    Presentations ready, final plan resubmitted
  • April 25, 2021
    Experience end

Project Examples

Requirements

Based on their in-depth research and analysis, the student-consultants will identify future opportunities for the retailer and recommend specific strategic actions, including an implementation plan.

Area of Focus:

Students will focus on both retailing, including analyses of: the retailing concept, the competitive environment, your customer, the consumer decision making process, your marketing strategy, value chain/distribution channel, your customer relationships, your current strategic plan, your retail trading area, and your merchandising strategy. This will lead to insights and recommendations that address the needs of your organization. However, organizations are encouraged to provide a goal or suggested area of focus to guide students.

Additional company criteria

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

  • question

    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.

  • question

    Be available to present to the students on current issues/current state/goals/Q+A period a few days prior to the assignment start

  • question

    Be available and have someone dedicated to answering questions and be present through either Zoom meetings and/or email.