The Introduction to Marketing simulation allows your students to develop and execute a complete marketing strategy including:
- Market opportunity analysis
- Brand development
- Sales force management
- Profitability projections and analysis
- Internet Marketing
StorylineStudents receive an interesting challenge - to lead a new marketing division of an established, large bicycle company. The division's task is to create a business around innovative technologies: a more economical form of carbon fiber and an advanced 3D printer that uses the new material to efficiently build a bike frame of any size and shape. This enables strong, lightweight bikes that are tailored to the size and usage of each customer. The fabrication equipment can be set up in regular warehouses local to where the bike shops are built. This distributed manufacturing allows the new division to eliminate most of the inventory that would otherwise be held, thus reducing the costs of distribution.
Introductory Marketing courses
6 rounds, each round taking 30 to 90 min per round per student.
Grading is based on the balanced scorecard that measures profitability, customer satisfaction, market share in the targeted market segments, preparedness for the future and wealth.
Your students can compete against their classmates or against the computer.