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Company
LC Motorworks
Toronto, Ontario, Canada
Contact
Employer
Project
Academic experience or paid work
60 hours of work total
Learner
Ontario, Canada
Intermediate level

Project scope

Categories
Graphic design Market research Market expansion Product or service launch Marketing strategy
Skills
automotive industry target market competitive analysis service offerings strategic planning market pricing market analysis market research business strategies automotive services
Details

The project involves assisting a small automotive shop in expanding its business by developing new service offerings and determining competitive market pricing. The shop aims to attract new clientele and increase its market presence. The learners will conduct market research to identify potential service gaps and customer needs within the automotive industry. They will analyze competitors' offerings and pricing strategies to propose new services that align with the shop's capabilities and target market. The project will also involve creating a pricing model that ensures profitability while remaining competitive. By applying their classroom knowledge of market analysis and business strategy, learners will help the shop position itself for growth and success.

Deliverables

The deliverables for this project include a comprehensive report detailing the proposed new service offerings and a competitive analysis of market pricing. Additionally, learners will provide a strategic plan outlining the implementation of these services, including marketing strategies and potential customer outreach initiatives. A presentation summarizing the findings and recommendations will also be delivered to the shop's management team.

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.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

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

Supported causes

The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.

Decent work and economic growth

About the company

Company
Toronto, Ontario, Canada
2 - 10 employees
Automotive, Marketing & advertising
Representation
Minority-Owned Small Business Family-Owned

We are a small automotive services company offering maintenance, repairs, and consulting for cars, trucks, and motorcycles located in North York.