Market Expansion Strategy for Tara Bhuyan Couture Inc.

Project scope
Categories
Product management Market research Competitive analysis Market expansion Marketing strategySkills
market trend strategic planning marketing marketing channel consumer behaviour swot analysis brand identityTara Bhuyan Couture Inc., a renowned fashion brand, seeks to broaden its market presence and reach new customer segments. The company aims to develop a comprehensive market expansion plan that aligns with its brand identity and leverages its unique product offerings. The project involves analyzing current market trends, identifying potential new markets, and evaluating the competitive landscape. Learners will apply their knowledge of marketing principles, consumer behavior, and strategic planning to propose actionable strategies for market entry and growth. The goal is to create a detailed plan that outlines target demographics, potential partnerships, and marketing channels to effectively introduce Tara Bhuyan Couture's products to new audiences.
The project deliverables include a comprehensive market expansion report and a presentation summarizing the key findings and recommendations. The report should detail the analysis of potential markets, proposed strategies for entry, and a timeline for implementation. Additionally, learners will provide a SWOT analysis to support their recommendations, ensuring that the plan is both feasible and aligned with the company's objectives.
Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.
Sharing knowledge in specific technical skills, techniques, methodologies required for the project.
Direct involvement in project tasks, offering guidance, and demonstrating techniques.
Providing access to necessary tools, software, and resources required for project completion.
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
'Tara Bhuyan', born and brought up in the North-Eastern state of Assam, dreams of uplifting the weavers back home and showcasing this woven dream in the form of her design sensibilities.
The ideology behind Tara Bhuyan's origination is to give a global platform to the rich, unique, beautiful, and purest form of hand weaves and to our weavers of Assam, who work tirelessly to create our beautiful creations.