Beverage Startup Launch Strategy
Project scope
Categories
Market research Digital marketing Product or service launch Marketing strategy Social media marketingSkills
market trend brand awareness marketing sales digital marketing social media marketing innovation social media research writingDrastic Drinks Inc., a burgeoning beverage startup, is seeking to establish a strong market presence and drive early traction for its innovative drink offerings. The project involves conducting comprehensive literature research to understand current market trends and consumer preferences in the beverage industry. Learners will identify effective platforms for initial sales, focusing on both online and offline channels, and explore potential re-distributors to expand market reach. Additionally, the project requires the creation of engaging social media marketing content aimed at building brand awareness and connecting with target audiences. A well-structured posting schedule will be developed to ensure consistent and strategic online presence. This project provides an opportunity for learners to apply marketing and research skills acquired in the classroom to a real-world business scenario, enhancing their understanding of startup dynamics and digital marketing strategies.
The deliverables for this project include a detailed report on literature research findings and identified sales platforms, along with a list of potential re-distributors. Learners will also produce a series of creative social media posts designed to engage target audiences and a comprehensive posting schedule. The final submission should include a presentation summarizing the strategy and recommendations for Drastic Drinks Inc.'s market launch.
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.
About the company
Drastic Drinks Inc. was incorporated in 2021. It's a new beverage company with a leading product that will hit the shelves soon - Drastic Drink. Drastic Drink is a nutritional beverage that aims at helping with overall improving overall hydration!