Foreign Market Research for Roadgriptires Inc.

Closed
Roadgriptires inc
Markham, Ontario, Canada
Buisness owner
(40)
3
Project
Academic experience
120 hours per learner
Learner
Anywhere
Intermediate level

Project scope

Categories
Market research Market expansion
Skills
research reports market trend headlight maintenance comparative analysis foreign market tires research balancing (ledger/billing) market share pricing strategies
Details

The main goal for the project is to conduct thorough research on foreign markets to identify potential opportunities for expansion and growth for Roadgriptires Inc. This will involve several different steps for the students, including:


- Analyzing the current market trends and demands for tires, installation, balancing, window tinting, and headlights restoration in foreign markets.


- Identifying potential competitors and their market share in the foreign markets.


- Conducting a comparative analysis of the pricing strategies and customer preferences in the foreign markets.


- Researching the legal and regulatory requirements for operating a tire shop and offering additional services in the identified foreign markets.


- Developing a comprehensive report with recommendations for the most viable foreign market(s) for expansion.


Deliverables


By the end of the project, students should complete the following tasks:


- Detailed analysis of market trends, demands, and competition in the identified foreign markets.


- Comparative analysis of pricing strategies and customer preferences in the foreign markets.


- Research report on the legal and regulatory requirements for operating a tire shop and offering additional services in the identified foreign markets.


- Comprehensive report with recommendations for the most viable foreign market(s) for expansion.



Final deliverables:


- A detailed research report with findings and recommendations.


- Presentation summarizing the research and recommendations.


Mentorship

will support the students with mentorship, will support students, and provide teaching to students. will be available for students to ask questions and do meetings according to their schedules.

Supported causes
No poverty

About the company

Company
Markham, Ontario, Canada
11 - 50 employees
Business services, Transport, trucking & railroad

We are a small tire shop owner trying to make a name in the market. we offer brand new and used tires as well as installation and balancing. We are also adding services like window tinting and headlights restorations.