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Facing Reality: Student Projects with Real Clients

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One of the requirements for this class is a semester-long group marketing ... Simon Cowell, American Idol judge. Additional data analysis after semester ... – PowerPoint PPT presentation

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Title: Facing Reality: Student Projects with Real Clients


1
Facing Reality Student Projects with Real
Clients
  • Vanessa Gail Perry
  • Department of Marketing
  • GWU School of Business

2
A Real Challenge
  • One of the requirements for this class is a
    semester-long group marketing research project.
    This project must deal with an actual marketing
    problem/opportunity facing a real organization.
  • You are required to work in conjunction with a
    firm or an organization, and design and execute a
    marketing research project.
  • The project must provide data and information,
    which will directly aid in making decisions about
    the above problem/opportunity.

3
Real Client Project Example
  • Local firm Loudoun Magazine
  • Goal Expand subscriber base
  • Method Focus group and survey research of
    current subscribers and non-subscribers
  • Demographic profile of subscribers vs. local area
  • Gather data on activities, interests, opinions
  • Recommend product improvements

4
Real Compared to What?
  • Budget 0
  • Deadline Semesters end
  • Logistics Client meetings and data collection
    involved travel
  • Human Resources 10 students out of 45
  • Skills Limited technical capabilities

5
The Real McCoy
  • What students did
  • Conduct focus groups
  • Analyze qualitative data
  • Develop survey instrument for mail and internet
  • Analyze secondary data, e.g. Census
  • Use survey data for market segmentation
  • Prepare a research report
  • Present findings to client

6
Reality Bites
  • It was a little manic, verging on insane at one
    point."
  • --Simon Cowell, American Idol judge
  • Additional data analysis after semester
  • Hours of meetings and work sessions
  • Were learning goals achieved?

7
Keeping It Real
  • Graduate vs. undergraduate students
  • Course learning goals
  • Consider all stakeholders
  • Students
  • Client
  • Faculty member
  • School
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