Strategic Market Insights- Consumer behaviour in Australia

Timeline
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August 1, 2021Experience start
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October 10, 2021Project Scope Meeting
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December 21, 2021Experience end
Timeline
-
August 1, 2021Experience start
-
October 10, 2021Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
-
December 21, 2021Experience end
Experience scope
Categories
Communications Market research Sales strategy Marketing strategySkills
sales & marketing research business consulting consumer insights marketing strategyMarketing within Australia poses a unique set of challenges and opportunities. In an ever-shifting market driven by technology, connecting with Australians audience requires a strong, data-informed strategy. In this project, a group of students will conduct primary and secondary market research to specify the needs/ desires, perceptions, attitudes and subsequent behaviour of your target market and develop recommendations based on their findings with respect to your challenge/area of focus.
Learners
The final project deliverables will include:
- A short 8 minute video report detailing the consumer profile and a preliminary recommendation, supported by research
- A 15-minute presentation, with an example of a new strategy and how it would be executed (in the form of recorded video piece) and Q&A on the presentation content.
Project timeline
-
August 1, 2021Experience start
-
October 10, 2021Project Scope Meeting
-
December 21, 2021Experience end
Timeline
-
August 1, 2021Experience start
-
October 10, 2021Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
-
December 21, 2021Experience end
Project Examples
Requirements
Based on your goals/ challenge/ area of focus, students will complete interviews, focus groups, and surveys to gain insights into the perceptions and behaviours of your target customers. Students will create a comprehensive analysis and presentation to brief you on their findings on consumer needs, buying habits, perceptions, preferences and the stages of consumer decision making and all possible influences therein. Presentations will conclude with strategic recommendations based on students' research. You will gain insights directly from undergraduate students undertaking their first year business degree in Australia.
Example project focuses include, but are not limited to:
- Defining and assessing potential customer profiles.
- In-depth interviews of customers/ prospects, which may include personal/ online polls/surveys, and/or focus group research.
- Analysis of consumer preferences/ desires/ perceptions.
- Analysis of all possible influences- why they exist, and how they can be used to inform decision making.
- Analysis and evaluation of your current and potential decision making model.
- Developing product value propositions to meet/ develop desire.
- Developing marketing collateral for the market segments.
- Analysis of secondary academic research to support recommendations/ strategic marketing findings.
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Timeline
-
August 1, 2021Experience start
-
October 10, 2021Project Scope Meeting
-
December 21, 2021Experience end
Timeline
-
August 1, 2021Experience start
-
October 10, 2021Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
-
December 21, 2021Experience end