Enhancing IITTI's Marketing Strategy
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Project scope
Categories
Market research Competitive analysis Marketing strategySkills
marketing strategies competitive analysis target audience market trend market analysis marketing strategic planning market research management innovationIITTI, a company specializing in soft skills certification, is seeking to refine its marketing strategy to better reach its target audience and drive growth. The project involves conducting comprehensive market research to identify new marketing techniques that can be leveraged to enhance IITTI's current strategy. The goal is to evaluate the effectiveness of the existing marketing efforts and provide actionable recommendations for improvement. This project will allow learners to apply their knowledge of marketing principles and techniques, including market analysis, competitive analysis, and strategic planning. The tasks will include analyzing market trends, identifying potential gaps in the current strategy, and suggesting innovative marketing approaches that align with IITTI's objectives.
Market Research Report:
Objective: Identify and analyze new marketing techniques and trends, particularly in digital marketing, content marketing, and social media strategies, that are relevant to IITTI's target audience.
Tasks:
- Conduct a thorough analysis of industry trends, including the latest advancements in digital marketing tools (e.g., AI-driven marketing, personalized content).
- Examine competitors’ marketing strategies to identify successful approaches and potential gaps.
- Assess customer behavior and preferences, particularly in how they engage with online content and certification programs.
- Explore opportunities in emerging markets and platforms where IITTI's presence could be expanded.
Evaluation of IITTI’s Current Marketing Strategy:
Objective: Assess the effectiveness of IITTI's existing marketing efforts, identifying strengths, weaknesses, and opportunities for enhancement.
Tasks:
- Perform a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) of IITTI’s current marketing strategy.
- Analyze key performance indicators (KPIs) such as customer acquisition cost, conversion rates, and return on marketing investment (ROMI).
- Evaluate the effectiveness of current content marketing, including blog posts, social media, email campaigns, and SEO performance.
- Identify areas where IITTI's marketing messaging could be better aligned with its brand values and audience needs.
Actionable Recommendations:
Objective: Provide a set of strategic recommendations that IITTI can implement to enhance its marketing efforts and drive business growth.
Tasks:
- Propose new marketing channels or platforms that IITTI should consider
- Suggest strategies for enhancing customer engagement and retention
- Recommendations for optimizing IITTI's digital presence
Presentation to IITTI's Management Team:
Objective: Summarize research findings, evaluations, and strategic recommendations in a clear and compelling presentation to IITTI's management.
Tasks:
- Create a visual presentation that highlights key insights, supported by data and examples.
- Outline a phased implementation plan, including timelines, budget considerations, and expected outcomes.
- Prepare to address potential questions or concerns from the management team, offering evidence-based responses.
- Ensure the presentation is aligned with IITTI’s brand tone and values.
Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.
Sharing knowledge in specific technical skills, techniques, methodologies required for the project.
Direct involvement in project tasks, offering guidance, and demonstrating techniques.
Providing access to necessary tools, software, and resources required for project completion.
Scheduled check-ins to discuss progress, address challenges, and provide feedback.
About the company
The single-most difficult task HR or university admission has to handle is: how do you judge the soft skills of a job applicant or a student?
Imagine a single number that would help, particularly in business etiquette, empathy or intercultural awareness. It is called the 'World Civility Index', which is now a part of United Nations Sustainable Development (Goal #8 Meaningful Youth Employment) and is used in 17 countries as of 2019.
Example: https://www.iitti.org/show/certificate?laury07