Strategic Marketing Management: Capstone Experience
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Timeline
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February 5, 2024Experience start
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April 27, 2024Experience end
Experience scope
Categories
Marketing analytics Market research Market expansion Marketing strategySkills
strategic marketing communication marketing management online communication strategic thinking marketing management researchLooking to elevate your organization and take it to the next level? Bring on learners from the University of North Dakota to serve as your learner-consultants in a project-based experience. Throughout the semester, learners will work on one main project, connecting with you as needed using virtual communication tools.
In the Marketing Management Capstone experience, learners will seize this opportunity to refine their skills in analyzing marketing challenges and crafting effective strategies. They will gain proficiency in identifying opportunities and navigating the impact of organizational environments on marketing efforts. Additionally, learners will enhance their strategic thinking and communication abilities, both in written and oral presentations.
Learners
Deliverables are negotiable, and will seek to align the needs of the learners and the organization.
Some final project deliverables might include:
- A 10-15 minute presentation on key findings and recommendations
- A detailed report including their research, analysis, insights and recommendations
Project timeline
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February 5, 2024Experience start
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April 27, 2024Experience end
Project Examples
Requirements
Learners in groups of 5-6 will work with your company to identify your needs and provide actionable recommendations, based on their in-depth research and analysis.
Here is a break down of how students would produce reports:
Company Overview:
- Brief history and description of product/service.
Strategic Focus:
- Mission, vision, goals, core competencies, SWOT analysis.
Company Environment:
- Existing products, expertise, financial situation, resources, suppliers, customer relations.
Competitor Environment:
- Competitors' products, experience, financials, resources, suppliers, customer relations.
Situational Environment:
- Market demand, social/cultural trends, demographic shifts, economic conditions, technology impact, political influences, laws/regulations, special interests.
Target Market:
- Segment definition, decision-making process, purchase behavior, demographics, buying habits, values, media consumption, size, disposable income.
Marketing Objectives:
- Specific goals for target markets (e.g., sales volume, market share, ROI).
Marketing Tactics:
- Product, price, place, promotion strategies.
People and Research:
- Potential endorsements, research needs.
Financial Data:
- Past performance, one-year projections.
Organizational Structure:
- Current and recommended structure.
Evaluation and Control:
- Measurement methods for objectives.
Contingency Plans:
- Actions in case benchmarks aren't met.
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Timeline
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February 5, 2024Experience start
-
April 27, 2024Experience end