Probiotic Startup Marketing Strategy Development

Open
Imana Health Inc.
Toronto, Ontario, Canada
Employer
Project
Academic experience
60 hours of work total
Learner
Canada
Intermediate level

Project scope

Categories
Market research Competitive analysis Marketing strategy
Skills
marketing strategies market positioning target audience market trend market analysis competitive analysis strategic planning marketing marketing channel consumer behaviour
Details

Imana Health Inc., a burgeoning probiotic startup, seeks to establish a robust marketing strategy to effectively penetrate the health and wellness market. The project aims to leverage learners' knowledge of marketing principles to develop a comprehensive strategy that aligns with the company's vision and goals. The primary focus will be on analyzing current market trends, identifying target demographics, and assessing competitors to carve out a unique market position. Learners will apply classroom knowledge of market analysis, consumer behavior, and strategic planning to create actionable insights. The project will involve tasks such as conducting a SWOT analysis, identifying key marketing channels, and proposing innovative marketing tactics. This project provides an opportunity for learners to bridge theoretical concepts with practical application in a real-world business context.

Deliverables

The deliverables for this project include a detailed marketing strategy document and a market analysis report. The marketing strategy document should outline recommended marketing channels, target audience profiles, and proposed marketing campaigns. The market analysis report should include a comprehensive SWOT analysis, competitor analysis, and insights into consumer trends. Additionally, learners will present their findings and recommendations in a presentation format to Imana Health Inc. stakeholders.

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.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

About the company

Company
Toronto, Ontario, Canada
2 - 10 employees
Hospital, health, wellness & medical
Representation
Women-Owned BIPOC-Owned Small Business

Imana Health Inc. was founded by two Black female physicians who are passionate about providing natural, effective healthcare solutions. With a focus on evidence-based products and a commitment to improving women's health, we developed the Muna Oral Probiotic, a safe, scientifically-backed solution to recurrent yeast infections and vaginal health maintenance.