Market Penetration Strategy for Earth Studios


Project scope
Categories
Market research Customer segmentation Digital marketing Marketing strategy Social media marketingSkills
customer engagement strategic marketing market trend brand awareness market analysis marketing market penetration salesEarth Studios, a company focused on community building through the ceramic arts aims to enhance its market presence and sales performance. The project involves developing a comprehensive market penetration strategy that aligns with Earth Studios' values and objectives. The team will analyze current market trends, identify potential customer segments, and evaluate competitors' strategies. By leveraging classroom knowledge in marketing and sales, learners will propose and implement actionable strategies to increase brand awareness and customer engagement. The project will focus on sustainable marketing practices and innovative sales techniques that can be realistically implemented within a limited budget. The goal is to provide Earth Studios with a clear roadmap to boost its market share and sales figures.
The deliverables for this project include a detailed market calendar a strategic marketing plan, and a presentation summarizing the proposed strategies. The strategic marketing plan will outline specific actions for increasing market penetration, including digital marketing tactics and delivery of sales initiatives. The final presentation will be delivered to Earth Studios' management team, highlighting key findings and recommendations for sustained and future growth.
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
eARTh Studios is a hub of creative business ideas and hosts a variety of local and tourism offerings with a series of linked websites related to the artisan experience. Aside from offering community classes and open studio experiences, the linked websites are dewaters.ca (Ceramic gallery) www.artescaperetreat.ca (accommodation for tourists and residencies) and www.bcartisansatwork.ca (Network of local and provincial art experiences).