Stop the Stink NoMoBO Product Launch Marketing Plan
Project scope
Categories
Communications Market research Digital marketing Marketing strategySkills
target audience brand awareness marketing project management product lining marketing planning marketing strategies market research sales new product developmentThe main goal for the project is to develop and execute a comprehensive marketing plan for NoMoBO's new sustainable product line, with the help of McMaster University marketing students. The students will be expected to conduct market research, analyze the competitive landscape, and develop marketing strategies to increase awareness and drive sales of the new product line. By the end of the project, we expect to have a detailed marketing plan that outlines target audiences, messaging, budget, timelines, and tactics for launching and promoting the new product line. Ultimately, we hope to increase brand awareness and drive sales of our sustainable solutions, while providing the students with valuable real-world marketing experience.
To achieve the project goal, the students will need to complete the following tasks:
- Conduct market research to identify target audiences, their needs, and preferences
- Analyze the competitive landscape to identify opportunities and challenges
- Develop a comprehensive marketing plan, including budget and timelines
- Develop messaging and creative assets that resonate with the target audience
- Identify and prioritize marketing tactics, including social media, email marketing, PR, influencer outreach, and events
- Develop a launch plan, including launch timing, promotional activities, and sales incentives
- Monitor and evaluate the effectiveness of the marketing plan, making adjustments as needed based on performance metrics.
Throughout the project, the students will need to work collaboratively in small teams, communicate regularly with NoMoBO's staff, and follow best practices in marketing and project management.
We will support students in completing the project by providing the following:
- Dedicated staff time: NoMoBO's staff will be available to liaise with the course instructor and student teams to answer questions, provide additional information, and provide feedback on project deliverables.
- Access to data and information: We will provide students with access to relevant data and information about our products, competitors, and market trends to facilitate their research and analysis.
- Regular check-ins: We will schedule regular check-ins with the student teams and instructor to ensure that progress is on track, and provide feedback and guidance as needed.
- Collaboration and networking opportunities: We will offer opportunities for students to collaborate with each other and NoMoBO's staff, as well as network with other marketing professionals in the industry.
About the company
NomoBO is a skincare startup that has developed an innovative underarm rinse designed to address the root cause of underarm odor. Our product is designed to remove the bacteria Staphylococcus hominis, which is a major contributor to underarm odor. By effectively removing this bacteria, our underarm rinse eliminates the need for traditional deodorants, providing a more natural and effective solution for underarm odor.
Our goal is to revolutionize the skincare industry by offering a product that not only addresses the issue of underarm odor, but also promotes a more natural and sustainable approach to personal hygiene. We are passionate about developing products that are both effective and environmentally friendly. We are looking for talented and driven students who share our passion for innovation.