Exploring New Horizons: Identifying a New Customer Segment for JamSocial

Project scope
Categories
Market research Customer segmentation Marketing strategySkills
market trend market analysis strategic planning consumer behaviour marketing strategies market research data analysis data collectionWe're seeking to expand its user base by identifying and targeting a new customer segment. The current market is saturated, and the company aims to explore untapped demographics that could benefit from its unique features. The project involves conducting market research to analyze potential customer segments, understanding their needs, and evaluating how Jam's offerings can be tailored to meet these needs. The goal is to provide strategic insights that can guide the company in developing marketing strategies and product enhancements. This project will allow learners to apply their knowledge of market analysis, consumer behavior, and strategic planning in a real-world context. The tasks will include data collection, analysis, and the formulation of actionable recommendations.
The project deliverables will include a comprehensive report detailing the identified customer segment, their characteristics, and potential strategies for engagement. Additionally, a presentation summarizing the findings and recommendations will be prepared. The report should include data analysis, market trends, and a proposed action plan for targeting the new segment.
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
We are JamSocial, and we make networking at events less awkward for people.