Strategic Market Insights- Consumer behaviour in Australia

MKTG1339
Closed
RMIT University
Melbourne, Victoria, Australia
Course Coordinator/ Teacher
3
Timeline
  • August 1, 2021
    Experience start
  • October 10, 2021
    Project Scope Meeting
  • December 21, 2021
    Experience end
Experience
1 projects wanted
Dates set by experience
Preferred companies
Anywhere
Any
Sales, Retail, Food & beverage, Entertainment, Hospitality, Apparel & fashion, Government, Consumer goods & services, Non-profit, philanthropic & civil society, Marketing & advertising, Events services, Liquor, wine & spirits, Media & production, Sports & fitness

Experience scope

Categories
Communications Market research Sales strategy Marketing strategy
Skills
sales & marketing research business consulting consumer insights marketing strategy
Learner goals and capabilities

Marketing 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

Learners
Undergraduate
Any level
60 learners
Project
30 hours per learner
Learners self-assign
Teams of 4
Expected outcomes and deliverables

The final project deliverables will include:

  1. A short 8 minute video report detailing the consumer profile and a preliminary recommendation, supported by research
  2. 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, 2021
    Experience start
  • October 10, 2021
    Project Scope Meeting
  • December 21, 2021
    Experience 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:

  • Q - Checkbox
  • Q - Checkbox