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Peak Beverage Co.
Summerland, British Columbia, Canada
Project
Academic experience
120 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Data analysis Market research Customer segmentation Marketing strategy Marketing analytics
Skills
strategy development brand loyalty target audience strategic planning customer engagement customer retention market analysis consumer behaviour customer data management marketing
Details

Peak Beverage Co. is seeking to enhance its understanding of the market fit for its products and identify its target audience more precisely. The goal of this project is to conduct a comprehensive market analysis to determine the characteristics and preferences of Peak's current and potential customers. This involves analyzing existing customer data, researching industry trends, and identifying key demographics that align with Peak's brand. Additionally, the project aims to develop strategies to increase repeat customers and improve customer retention. By understanding customer behavior and preferences, Peak Beverage Co. can tailor its marketing and product offerings to better meet customer needs and foster brand loyalty. The project will involve tasks such as data analysis, market research, and strategy development, all of which are closely related and can be completed by a team of marketing students.

Deliverables

The project deliverables will include a detailed market analysis report that outlines the target audience and market fit for Peak Beverage Co. Additionally, the team will provide a strategic plan with actionable recommendations to increase customer retention and repeat purchases. This will include a presentation summarizing key findings and proposed strategies, supported by data and research insights. The deliverables will be designed to provide Peak Beverage Co. with clear, data-driven insights and practical strategies to enhance customer engagement and loyalty.

Mentorship
Domain expertise and knowledge

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

Hands-on support

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

Regular meetings

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

About the company

Company
Summerland, British Columbia, Canada
0 - 1 employees
Food & beverage
Representation
Small Business Youth-Owned Community-Focused

Peak Beverage Co. crafts all-natural premium fruit sodas with simple, real ingredients with unique BC fruit combinations.