Strategic Marketing Management: Capstone Experience

MTG 450
Closed
University of North Dakota (UND)
University of North Dakota (UND) - Nistler College of Business and Public Administration Grand Forks, North Dakota, United States
BM
Instructor
2
General
  • Undergraduate; Capstone
  • 30 learners; teams of 4
  • 20 hours per learner
  • Dates set by experience
  • Educators assign learners to projects
Preferred companies
  • 1/1 project matches
  • United States
  • Academic experience
  • Any company type
  • Any industries
Categories
Marketing Market research Market expansion Marketing strategy Marketing analytics
Skills
strategic marketing communication marketing management online communication strategic thinking marketing management research
Project timeline
  • February 5, 2024
    Experience start
  • April 27, 2024
    Experience end
Overview
Details

Looking 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.

Learner skills
Strategic marketing, Communication, Marketing management, Online communication, Strategic thinking, Marketing, Management, Research
Deliverables

Deliverables are negotiable, and will seek to align the needs of the learners and the organization. 


Some final project deliverables might include: 

  1. A 10-15 minute presentation on key findings and recommendations
  2. A detailed report including their research, analysis, insights and recommendations


Project Examples

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:

Provide relevant information and/or data as needed for the project.

Be available for a quick phone/virtual call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the experience.

Provide an opportunity for learners to present their work and receive feedback.

How is your project relevant to the experience?