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Market research Competitive analysis Market expansion Marketing strategy Marketing analyticsSkills
quantitative marketing research territory expansion business expansion market analysis market opportunities strategic prioritization positioning strategyPower WearHouse, a leading innovator in wearable technology, is seeking to expand its market presence globally. The objective of this project is to create a comprehensive market expansion report that identifies and prioritizes potential international markets for entry. The project will involve analyzing current market trends, consumer behavior, and competitive landscapes in various regions. Learners will apply their knowledge of international business strategies and market analysis to assess the viability of different markets. The goal is to provide Power WearHouse with a strategic roadmap for entering new markets, focusing on regions that offer the most promising opportunities for growth and alignment with the company's product offerings. This project will enable learners to gain practical experience in market research, data analysis, and strategic planning.
The deliverables for this project include a detailed market expansion report and a presentation summarizing the findings. The report should include an analysis of at least three potential markets, with a prioritized list of recommended regions for entry. Additionally, the report should provide insights into market trends, competitive analysis, and potential challenges. The presentation should effectively communicate the key findings and strategic recommendations to Power WearHouse's management team.
Providing specialized knowledge in the project subject area, with industry context.
Sharing knowledge in specific technical skills, techniques, methodologies required for the project.
Direct involvement in project tasks, offering guidance, and demonstrating techniques.
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.
About the company
Power WearHouse started in 2020 producing the most comfortable and
stylish weighted wearables to help people get more out of their
existing fitness routine, expanding to innovative therapeutic wearables in 2024. In 2025, PWH is expanding to Incorporate technology into therapeutic wearables to improve the quality of life of those living with specific health conditions including fitness/obesity, sensory processing disorders and osteoporosis.