Market Entry Consulting

Open
Atlas Studio
Simcoe, Ontario, Canada
Denise Davis-Gains
Director
(22)
4
Project
Academic experience
60 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Market research Marketing strategy Social media marketing Marketing analytics
Skills
market opportunities marketing research
Details

This experience focuses on equipping learners with the skills to evaluate market opportunities and develop strategic plans for new ventures. Participants will learn to apply analytical frameworks and strategic thinking to real-world business challenges, particularly in the context of helping a yoga studio and school, enter the Canadian and U.S. market. Learners will gain hands-on experience in creating value propositions, identifying market obstacles, and crafting actionable recommendations, all while honing their communication and problem-solving skills.

Deliverables
  • Developing a market entry strategy for a new line of drop shipped apparel products in the Canadian, U.S. International market space.
  • Creating a value proposition for the Atlas Yoga Studio and Schoo brand targeting Canadian, American and International consumers
  • Identifying and analyzing potential distribution channels for drop shipping that is Canadian Based and International in scope
  • Designing a marketing campaign to raise brand awareness Internationally
  • Assessing competitive landscape and positioning strategies for Atlas
  • Formulating a stakeholder engagement plan to build partnerships iinternationally
  • Developing a pricing strategy for Atlas Apparel Internationally



Client Report Structure outline (for more context, please refer to your Resources on the Riipen platform):


Executive Summary:

This report analyzes the entrepreneur’s product, market positioning, and growth strategies. It covers the founder’s mission, product features, market dynamics, and stakeholder analysis, and provides actionable recommendations for market entry and growth.

Founder Mission and Goals:

The entrepreneur is driven by a desire to solve a specific problem and create a social impact. The business’s long-term vision aligns with market leadership and personal fulfillment, supported by the recommended product and market strategies.

Product Overview:

The product’s unique features, advantages, and limitations are discussed. Key aspects include its unique selling proposition (USP), customer benefits, production scalability, costs, and any barriers to market adoption.

Market Positioning:

The product’s competitive position is analyzed, focusing on its functional and cultural strengths. A perceptual map is used for market comparison, with an emphasis on value chain considerations for the target market.

Stakeholder Assessment:

Key supportive and resistant stakeholders are identified, with strategies for engagement. The focus is on leveraging emotional and rational appeals to maximize success and address resistance.

Barriers and Enablers of Adoption:

This section evaluates barriers to adoption, including regulatory and cultural factors, and highlights enablers such as supportive frameworks and educational campaigns to facilitate product acceptance.

Business Model:

The product’s value proposition and competitor comparison are discussed, with attention to pricing strategy and customer needs. This section lays the foundation for a strong, competitive business model.

Go-to-Market Strategy:

The strategy outlines key actors, including partners and influencers, and provides prioritized recommendations with clear steps for market entry and risk assessment.

Growth Projections:

Financial projections are based on customer acquisition, revenue growth, and repeat business, providing a clear growth trajectory linked to the go-to-market strategy.


General Guidelines: Students should ensure original analysis and proper referencing, with a clear, organized report structure that includes visual aids to support their arguments.


Mentorship
Domain expertise and knowledge

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

Skills, knowledge and expertise

Sharing knowledge in specific technical skills, techniques, methodologies required for the project.

Hands-on support

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

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

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.

Industry, innovation and infrastructure

About the company

Company
Simcoe, Ontario, Canada
11 - 50 employees
Education, Sports & fitness, Hospital, health, wellness & medical, Media & production, Publishing & printing
Representation
Indigenous-Owned Women-Owned Small Business Social Enterprise Community-Focused

A social enterprise community based yoga studio in Cambridge, Ontario with in-person and a global interactive online live and recorded yoga membership based website offering yoga classes, workshops and training, specializing in yoga therapy and training yoga therapists.