Beverage Startup Launch Strategy

Open
Drastic Drinks Inc.
Niagara Falls, Ontario, Canada
Simmy Sidhu
Simmy Sidhu She / Her
CEO/Founder
(19)
5
Project
Academic experience
60 hours per student
Student
Anywhere
Intermediate level

Project scope

Categories
Market research Digital marketing Product or service launch Marketing strategy Social media marketing
Skills
market trend brand awareness marketing sales digital marketing social media marketing innovation social media research writing
Details

Drastic 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.

Deliverables

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.

Mentorship
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.

About the company

Company
Niagara Falls, Ontario, Canada
0 - 1 employees
Food & beverage, Sales, Consumer goods & services, Business & management, Liquor, wine & spirits
Representation
Minority-Owned Women-Owned Small Business Neurodivergent-Owned

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!