Competitive Landscape Analysis for SommEvents

Open
SommEvents
Mississauga, Ontario, Canada
She / Her
President
(7)
3
Project
Academic experience
80 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Market research Competitive analysis Lead generation Marketing strategy
Skills
service offerings strategic planning marketing strategies customer acquisition management event planning market positioning market research team building refining
Details

SommEvents seeks to enhance its market positioning by gaining a deeper understanding of the competitive landscape in the event planning, team building, and corporate gifting sectors. The project aims to conduct thorough market research to identify key competitors and analyze their strengths and weaknesses. By examining the specific needs and preferences of companies in these sectors, the project will uncover potential gaps in current market offerings. The goal is to determine how SommEvents can effectively address these gaps with its services. Additionally, the project will explore strategies for attracting and converting new clients by positioning SommEvents' offerings as the ideal solution to meet unique client demands. This analysis will provide SommEvents with actionable insights to refine its service offerings and marketing strategies.

Deliverables

The project will deliver a comprehensive report detailing the competitive landscape, including an analysis of key competitors and identified market gaps. It will also include a strategic plan outlining recommendations for positioning SommEvents' services to attract and convert new clients. The report will provide actionable insights and strategies to enhance SommEvents' market positioning and client acquisition efforts.

Mentorship
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.

Partnerships for the goals

About the company

Company
Mississauga, Ontario, Canada
2 - 10 employees
Events services, Food & beverage, Liquor, wine & spirits
Representation
Women-Owned Small Business

Creator of client retention, team bonding, client retention and referral programs with celebratory events using wine!
We provide wines from around the world – not available at most retail stores and work across North America.
What we do best:
➢ Create client appreciation and retention
programs with wine, for groups of two to over
one hundred with our teams of sommeliers.
➢ Create branded unique wine gifts.
➢ Create and facilitate team building events with
wine and other spirits.