Strategic Market Expansion Analysis for Leo Charter Services

Open
Leo Charter Services
Calgary, Alberta, Canada
CEO
(27)
3
Project
Academic experience or paid work
60 hours of work total
Learner
Anywhere
Advanced level

Project scope

Categories
Market research Competitive analysis Market expansion Product or service launch
Skills
competitive analysis strategic planning market dynamics market trend market analysis business expansion market positioning market environment market research operations
Details

Leo Charter Services is considering expanding its operations into new regions and launching new service divisions. To support this strategic initiative, the company requires a comprehensive market research project. The goal is to analyze the current market environment, identify potential growth opportunities, and assess competitive landscapes in targeted regions. This project will enable Leo Charter Services to make informed decisions about its expansion strategy. The team will focus on gathering data related to market trends, customer preferences, and potential barriers to entry. By applying classroom knowledge of market analysis and strategic planning, learners will provide valuable insights that align with the company's growth objectives.


- Conduct a SWOT analysis for potential new regions.


- Identify key competitors and analyze their market positioning.


- Evaluate customer demographics and preferences in targeted areas.


- Assess potential risks and barriers to entry in new markets.

Deliverables

The project deliverables will include a comprehensive market research report that outlines findings and strategic recommendations for Leo Charter Services. The report will cover:


- A detailed SWOT analysis for each potential region.


- A competitive analysis highlighting key players and market dynamics.


- Insights into customer demographics and preferences.


- Strategic recommendations for market entry and service launch.


This report will serve as a foundational document for Leo Charter Services' updated strategic plan, guiding their business expansion efforts.

Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

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.

Supported causes

The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.

Industry, innovation and infrastructure

About the company

Company
Calgary, Alberta, Canada
2 - 10 employees
Hospitality, Travel & tourism, Transport, trucking & railroad

Leo Charter Services is a ground charter transportation service provider for different functions: travel and tourism, airport pick up & drop off, wedding, school/church/community events, sporting events, corporate/private functions, etc. Current operation regions: Alberta, British Columbia, Ontario, Quebec. Our vision is to β€œCreate a charter service ecosystem allowing business and individual access convenient, reliable, eco transportation according to their needs.” The business is looking to expand and further penetrate the market with an innovative vision & goals to bring more convenience to our community.