Exploring New Horizons: Identifying a New Customer Segment for JamSocial

Open
JamSocial
Calgary, Alberta, Canada
CEO
(18)
4
Project
Academic experience
30 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Market research Customer segmentation Marketing strategy
Skills
market trend market analysis strategic planning consumer behaviour marketing strategies market research data analysis data collection
Details

We'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.

Deliverables

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.

Mentorship
Skills, knowledge and expertise

Sharing knowledge in specific technical skills, techniques, methodologies required for the project.

Hands-on support

Direct involvement in project tasks, offering guidance, and demonstrating techniques.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

About the company

Company
Calgary, Alberta, Canada
2 - 10 employees
Technology

We are JamSocial, and we make networking at events less awkward for people.