
Project scope
Categories
Market research Competitive analysis Marketing strategySkills
strategic management competitive analysis market potential strategic decision making competitive environment market analysis marketing consumer behaviour customer analysis market researchMacro Tec Systems Inc. is seeking to gain a deeper understanding of the market landscape for store receipt management solutions. The project aims to analyze customer needs and preferences, as well as evaluate the competitive environment. The primary goal is to produce a comprehensive market analysis report that includes insights from customer interviews and feedback on managing store receipts. Additionally, the project will involve researching competitors and existing products to assess the market potential for a new receipt management solution. This project provides an opportunity for learners to apply their knowledge of market research methodologies and data analysis, enhancing their understanding of consumer behavior and competitive strategy. The tasks are closely related and designed to be completed by a team of students from a marketing or business program within an 80-hour timeframe.
The project will result in two key deliverables:
1. A customer analysis report detailing insights from customer interviews and feedback on store receipt management.
2. A competitive analysis report that evaluates existing products and solutions, identifying market potential for a new receipt management solution.
These deliverables will provide Macro Tec Systems Inc. with valuable information to inform their strategic decisions.
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
Macro Tec Systems Inc. aims to develop products that help customers with limited mobility using technology, engineering and software solutions.