Market Entry Strategy for Enginehire

Open
Enginehire
Vaughan, Ontario, Canada
Aakash Goel
CEO
4
Project
Academic experience
60 hours of work total
Student
Anywhere
Intermediate level

Project scope

Categories
Market research Competitive analysis Market expansion Sales strategy Marketing strategy
Skills
sales marketing customer analysis
Details

Enginehire, a company specializing in innovative recruitment solutions, is preparing to launch its latest product into a new market segment. The goal of this project is to develop a comprehensive sales strategy and marketing plan tailored to this new audience. The project will involve analyzing the target market, identifying key competitors, and understanding customer needs to position the product effectively. Learners will apply their knowledge of marketing principles and sales strategies to create a cohesive plan that aligns with Enginehire's brand and objectives. The project will focus on creating actionable strategies that can be implemented within a short timeframe, ensuring a successful market entry.


- Analyze the new market segment to identify opportunities and challenges.


- Develop a sales strategy that highlights the product's unique value proposition.


- Create a marketing plan that includes digital and traditional marketing channels.


- Conduct a competitor analysis to identify differentiators for Enginehire's product.

Deliverables

The project will culminate in a detailed report and presentation outlining the proposed sales strategy and marketing plan. Deliverables will include:



- A comprehensive market analysis report.


- A strategic sales plan with clear objectives and tactics.


- A marketing plan with recommended channels and messaging.


- A competitor analysis highlighting key differentiators.


These deliverables will provide Enginehire with a clear roadmap for entering the new market segment effectively.

Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

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
Vaughan, Ontario, Canada
11 - 50 employees
Technology
Representation
Minority-Owned Small Business

Enginehire is a all-in-one software platform for staffing agencies. We are launching an exciting new AI product!