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WIL PROJECT
The Green Growth Case Study
Group 6
Program: MMPT
Project code: CPL-5559-MMPT-0096-0041R01-V2
Submitted by:
Gagandeep Kaur
JASWINDER SINGH
Riddhi Pravinbhai Joshi
SUKHWINDER KAUR
- C0772352
- C0777279
- C0777664
- C0773742
Submitted to: Khyati Nagar
Submission date: 08/13/2021
(“Collaborate & Create Amazing Graphic Design for Free,” n.d
Inroduction
(“Canopy Growth Poised To Dominate The Canadian Marijuana Market (NASDAQ:CGC) | Seeking Alpha,” n.d.)
Project code: CPL-5559-MMPT-0096-0041R01-V2
Launching
The Product
The s t e p s to l a u n c h i n g the product:
Meeting users’ needs.
Know the market competitors
Focus on the feedback
Build anticipation by pre-marketing
Know the target marketing
(“Collaborate & Create Amazing Graphic Design for Free,” n.d
Project code: CPL-5559-MMPT-0096-0041R01-V2
Marketing
Plan
Setting social media marketing goals
Selecting appropriate social media platforms
Developing content
Developing social media content calendar
Leverage social media tools
Monitor and optimize the platforms
(“14
Data-Backed
Cannabis
Marketing
Tips
to
Take
Your
Brand
Higher,”
n.d.)
Project code: CPL-5559-MMPT-0096-0041R01-V2
Marketing
O bjectives
W h a t W e S t a n d F o r
Using selective distribution channels
Increase brand awareness.
Content marketing strategy
chieve First mover advantages like building network size, building switching costs
for its existing medicinal cannabis customers, and shaping consumer preferences.
Achieve a recurring customer base
Leverage influencer marketers
M/O
Project code: CPL-5559-MMPT-0096-0041R01-V2
Marketing Mix
O f f e r i n g a wide r a n g e o f Pr o d u c t s
Us in g on l in e bl og s , w ebs it es , c on t en t ma r k et in g
f o r Promotion.
Conduction t r a d e s h o w s and c on v e n tion s in
dif f er en t Pl a c es a n d pr omot es on l in e s a l es t o
r e a c h a l a r g e number o f c u stom e r s.
Ch an g e ab l e Pricing S t r a t e g y.
(“Collaborate & Create Amazing Graphic Design for Free,” n.d
Project code: CPL-5559-MMPT-0096-0041R01-V2
Marketing Budget
Project code: CPL-5559-MMPT-0096-0041R01-V2
Evaluating Sales Strategy And The Viability
Of Marketing A Product Or Service In A
Global Market
Project code: CPL-5559-MMPT-0096-0041R01-V2
Primary and Secondary Research
Methods
* Q u e s t i o n e r
* Paper-based p o l l s
* S u r v e y o n t h e i n t e r n e t
i n t e r v i e w
Primary R e s e a r c h
Focus g r o u p s
O b s e r v a t i o n
S u r v e y
Secondary R e s e a r c h
I n t e r n a l i n f o r m a t i o n
E x t e r n a l i n f o r m a t i o n
* Total m a r k e t size
* M a r k e t c h a r a c t e r i s t i c s
* Competitor p r o d u c t s a n d prices
* Competitor promotion al s t r a t e g i e s
* Competitor d i s t r i b u t i o n methods
* The m a r k e t size o f c a n n a b i s
(“Collaborate & Create Amazing Graphic Design for Free,” n.d
Project code: CPL-5559-MMPT-0096-0041R01-V2
Secondary
Research Outcomes
Project code: CPL-5559-MMPT-0096-0041R01-V2
Customer Relationship
Management
The f o l l o w i n g a r e t h e t op f i v e CRM
s o f t w a r e w h i c h t h e Green G r o w t h Corp.
c an use f o r i t s business:
Baker
Spring big
Web j o i n t
Soros
Pipeline deals
(“Three Reasons Marketers Use CRM Systems fo r Marketing Metrics - Business 2 Community,” n.d.)
Project code: CPL-5559-MMPT-0096-0041R01-V2
Get m o r e l eads
I nc r eas e n u m b e r o f
c u s t o m e r s
I nc r eas e c u s t o m e r
s a t i s f a c t i o n
I nc r eas e sales a n d
r e t u r n o n i n v e s t m e n t
Uses of
CRM
Customer R e l a t i o n s h i p
Management w i l l h e l p
Green G r o w t h Corp. t o
Project code: CPL-5559-MMPT-0096-0041R01-V2
(“Collaborate & Create Amazing Graphic Design for Free,” n.d
Sales Management Techniques
(“15 Pr o v e n Techniques t o Improve Customer Experience (CX),”
n.d.)
(“Timely Service, Fast Delivery, Time Period, S t o p w a t c h I n Motion, V e c t o r Icon Stock
V e c t o r - I l l u s t r a t i o n o f Flying, Flat: 101526365,” n.d.)
Project code: CPL-5559-MMPT-0096-0041R01-V2
Marketing
Management
Techniques
SEO For Cannabis B r a n d M a r k e t i n g
Website a n d blogs
Social media
C o l l a b o r a t i o n
Bi l l boar d
Project code: CPL-5559-MMPT-0096-0041R01-V2
Human
Resource
Management
Plan
D E T E R M IN E H U M A N
R E S O U R C E N E E D S .
D E T E R M I N E
C O M P E N S A T IO N
D E T E R M IN E R E C R U IT M E N T
S T R A T E G Y
• A P P R A I S E P E R F O R M A N C E
D E V E L O P T R A IN IN G P L A N S
(“Collaborate & Create Amazing Graphic Design for Free,” n.d
Project code: CPL-5559-MMPT-0096-0041R01-V2
D i f f i c u l t y t o e n s u r e s m o o th
c o m m u n i c a ti o n
D i f f i c u l t y i n developing
s t r o n g social t i e s
D i f f i c u l t t o e s t a b l i s h team
s t r u c t u r e a n d processes
Leadership
Challenges
(“Collaborate & Create Amazing Graphic Design for Free,” n.d.
Project code: CPL-5559-MMPT-0096-0041R01-V2
USAGE OF TECHNOLOGY
ADJUSTING
COMMUNICATION NORMS
PROM OTI N G TEAM COH ESI ON
ESTABLISHING TRUST
PROMOTING GLOBAL
M I N DSET AN D CULTURAL
SENSITIVITY
PROMOTING INDIVIDUAL
DEVELOPM EN T AN D TEAM
PERFORMANCE
Managing
Geographically
Dispersed
Teams
Project code: CPL-5559-MMPT-0096-0041R01-V2
Communication Plan
MODE OF COMMUNICATION CHANNELS OF COMMUNICATION
DIGITA L VIDE O CONF E RE NCE E MA IL S
FREQUENCY OF COMMUNICATION
FORTNIGHTLY
Project code: CPL-5559-MMPT-0096-0041R01-V2
Managing
Customer
Value
G R E E N G R O W T H C O R P O R A T I O N C A N M A N A G E C U S T O M E R
P R O D U C T M A R G I N S B Y
R e g u l a r l y r e p r i c i n g p r o d u c t s
T r y in g t o r e d u c e c u s t o m e r costs by i m p l e m e n t i n g
technology.
I T C A N I M P R O V E C U S T O M E R L I F E T I M E V A L U E B Y
·Offering v a l u e p o i n t s o r d i s c o u n t s f o r e v e r y p u r c h a s e
made.
·Increasing c u s t o m e r s a t is f a c t io n .
I T S H O U L D C A P T U R E A N D U S E C U S T O M E R D A T A
E F F E C T I V E L Y.
Green G r o w t h C o r p o r a t i o n can manage c u s t o m e r impact by
I n c r e a s i n g r e f e r r a l s .
Pursue i n f l u e n t i a l customers.
Increase c u s t o m e r p a r t i c i p a t i o n (Epstein & Yuthas, 2007).
Project code: CPL-5559-MMPT-0096-0041R01-V2
Conclusion
R e c r e a t i o n a l m a r k e t i n g a f t e r l e g a l i z a t i o n is d i f f i c u l t because o f p r o m o t i o n r e s t r i c t i o n s .
Green G r o w t h C o r p o r a t i o n has t h e a b i l i t y t o become p r e m i e r d i s t r i b u t o r o f c o n s u m e r - o r i e n t e d cannabi s p r o d u c t s a n d
i t c a n u t i l i z e t h i s p o t e n t i a l t o become Canada’s p r e m i e r d i s t r i b u t o r o f c o n s u m e r o r i e n t e d cannabi s p r o d u c t s w h e n i t is
l e g a l i z e d i n O n t a r i o f o r c o m m e r c i a l use i n 2018 by u s i n g c o r r e c t m a r k e t i n g techniques.
Di g i t a l m a r k e t i n g w i t h emphasis o n c o n t e n t m a r k e t i n g s h o u l d be t h e m a r k e t i n g s t r a t e g y o f Green G r o w t h Corporation.
A b u l k a m o u n t o f company’s m a r k e t i n g budget s h o u l d be a l l o c a t e d t o c o n t e n t m a r k e t i n g .
I t s h o u l d c o n t i n u o u s l y e v a l u a t e i t s m a r k e t i n g s t r a t e g y u s i n g p r i m a r y r e s e a r c h methods l i k e s u r v e y s a n d secondary
r e s e a r c h methods.
I t s h o u l d p l a n i t s sales management gi vi ng i m p o r t a n c e t o e n h a n c i n g c u s t o m e r experience.
I t s h o u l d p l a n i t s h u m a n r e s o u r c e management a n d c o m m u n i c a t i o n management i n c l u d i n g t h e measures r e q u i r e d t o
manage g e o g r a p h i c a l l y dispersed teams.
I t s h o u l d use Customer r e l a t i o n s h i p management t o o l s t o e v a l u a t e a n d i m p r o v e c u s t o m e r s a t i s f a c t i o n .
Project code: CPL-5559-MMPT-0096-0041R01-V2
Thank You
Project code: CPL-5559-MMPT-0096-0041R01-V2

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Cpl 5559-mmpt-0096-0041 r01-v2-summer-2021-narrated file

  • 1. WIL PROJECT The Green Growth Case Study Group 6 Program: MMPT Project code: CPL-5559-MMPT-0096-0041R01-V2 Submitted by: Gagandeep Kaur JASWINDER SINGH Riddhi Pravinbhai Joshi SUKHWINDER KAUR - C0772352 - C0777279 - C0777664 - C0773742 Submitted to: Khyati Nagar Submission date: 08/13/2021 (“Collaborate & Create Amazing Graphic Design for Free,” n.d
  • 2. Inroduction (“Canopy Growth Poised To Dominate The Canadian Marijuana Market (NASDAQ:CGC) | Seeking Alpha,” n.d.) Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 3. Launching The Product The s t e p s to l a u n c h i n g the product: Meeting users’ needs. Know the market competitors Focus on the feedback Build anticipation by pre-marketing Know the target marketing (“Collaborate & Create Amazing Graphic Design for Free,” n.d Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 4. Marketing Plan Setting social media marketing goals Selecting appropriate social media platforms Developing content Developing social media content calendar Leverage social media tools Monitor and optimize the platforms (“14 Data-Backed Cannabis Marketing Tips to Take Your Brand Higher,” n.d.) Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 5. Marketing O bjectives W h a t W e S t a n d F o r Using selective distribution channels Increase brand awareness. Content marketing strategy chieve First mover advantages like building network size, building switching costs for its existing medicinal cannabis customers, and shaping consumer preferences. Achieve a recurring customer base Leverage influencer marketers M/O Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 6. Marketing Mix O f f e r i n g a wide r a n g e o f Pr o d u c t s Us in g on l in e bl og s , w ebs it es , c on t en t ma r k et in g f o r Promotion. Conduction t r a d e s h o w s and c on v e n tion s in dif f er en t Pl a c es a n d pr omot es on l in e s a l es t o r e a c h a l a r g e number o f c u stom e r s. Ch an g e ab l e Pricing S t r a t e g y. (“Collaborate & Create Amazing Graphic Design for Free,” n.d Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 7. Marketing Budget Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 8. Evaluating Sales Strategy And The Viability Of Marketing A Product Or Service In A Global Market Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 9. Primary and Secondary Research Methods * Q u e s t i o n e r * Paper-based p o l l s * S u r v e y o n t h e i n t e r n e t i n t e r v i e w Primary R e s e a r c h Focus g r o u p s O b s e r v a t i o n S u r v e y Secondary R e s e a r c h I n t e r n a l i n f o r m a t i o n E x t e r n a l i n f o r m a t i o n * Total m a r k e t size * M a r k e t c h a r a c t e r i s t i c s * Competitor p r o d u c t s a n d prices * Competitor promotion al s t r a t e g i e s * Competitor d i s t r i b u t i o n methods * The m a r k e t size o f c a n n a b i s (“Collaborate & Create Amazing Graphic Design for Free,” n.d Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 10. Secondary Research Outcomes Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 11. Customer Relationship Management The f o l l o w i n g a r e t h e t op f i v e CRM s o f t w a r e w h i c h t h e Green G r o w t h Corp. c an use f o r i t s business: Baker Spring big Web j o i n t Soros Pipeline deals (“Three Reasons Marketers Use CRM Systems fo r Marketing Metrics - Business 2 Community,” n.d.) Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 12. Get m o r e l eads I nc r eas e n u m b e r o f c u s t o m e r s I nc r eas e c u s t o m e r s a t i s f a c t i o n I nc r eas e sales a n d r e t u r n o n i n v e s t m e n t Uses of CRM Customer R e l a t i o n s h i p Management w i l l h e l p Green G r o w t h Corp. t o Project code: CPL-5559-MMPT-0096-0041R01-V2 (“Collaborate & Create Amazing Graphic Design for Free,” n.d
  • 13. Sales Management Techniques (“15 Pr o v e n Techniques t o Improve Customer Experience (CX),” n.d.) (“Timely Service, Fast Delivery, Time Period, S t o p w a t c h I n Motion, V e c t o r Icon Stock V e c t o r - I l l u s t r a t i o n o f Flying, Flat: 101526365,” n.d.) Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 14. Marketing Management Techniques SEO For Cannabis B r a n d M a r k e t i n g Website a n d blogs Social media C o l l a b o r a t i o n Bi l l boar d Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 15. Human Resource Management Plan D E T E R M IN E H U M A N R E S O U R C E N E E D S . D E T E R M I N E C O M P E N S A T IO N D E T E R M IN E R E C R U IT M E N T S T R A T E G Y • A P P R A I S E P E R F O R M A N C E D E V E L O P T R A IN IN G P L A N S (“Collaborate & Create Amazing Graphic Design for Free,” n.d Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 16. D i f f i c u l t y t o e n s u r e s m o o th c o m m u n i c a ti o n D i f f i c u l t y i n developing s t r o n g social t i e s D i f f i c u l t t o e s t a b l i s h team s t r u c t u r e a n d processes Leadership Challenges (“Collaborate & Create Amazing Graphic Design for Free,” n.d. Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 17. USAGE OF TECHNOLOGY ADJUSTING COMMUNICATION NORMS PROM OTI N G TEAM COH ESI ON ESTABLISHING TRUST PROMOTING GLOBAL M I N DSET AN D CULTURAL SENSITIVITY PROMOTING INDIVIDUAL DEVELOPM EN T AN D TEAM PERFORMANCE Managing Geographically Dispersed Teams Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 18. Communication Plan MODE OF COMMUNICATION CHANNELS OF COMMUNICATION DIGITA L VIDE O CONF E RE NCE E MA IL S FREQUENCY OF COMMUNICATION FORTNIGHTLY Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 19. Managing Customer Value G R E E N G R O W T H C O R P O R A T I O N C A N M A N A G E C U S T O M E R P R O D U C T M A R G I N S B Y R e g u l a r l y r e p r i c i n g p r o d u c t s T r y in g t o r e d u c e c u s t o m e r costs by i m p l e m e n t i n g technology. I T C A N I M P R O V E C U S T O M E R L I F E T I M E V A L U E B Y ·Offering v a l u e p o i n t s o r d i s c o u n t s f o r e v e r y p u r c h a s e made. ·Increasing c u s t o m e r s a t is f a c t io n . I T S H O U L D C A P T U R E A N D U S E C U S T O M E R D A T A E F F E C T I V E L Y. Green G r o w t h C o r p o r a t i o n can manage c u s t o m e r impact by I n c r e a s i n g r e f e r r a l s . Pursue i n f l u e n t i a l customers. Increase c u s t o m e r p a r t i c i p a t i o n (Epstein & Yuthas, 2007). Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 20. Conclusion R e c r e a t i o n a l m a r k e t i n g a f t e r l e g a l i z a t i o n is d i f f i c u l t because o f p r o m o t i o n r e s t r i c t i o n s . Green G r o w t h C o r p o r a t i o n has t h e a b i l i t y t o become p r e m i e r d i s t r i b u t o r o f c o n s u m e r - o r i e n t e d cannabi s p r o d u c t s a n d i t c a n u t i l i z e t h i s p o t e n t i a l t o become Canada’s p r e m i e r d i s t r i b u t o r o f c o n s u m e r o r i e n t e d cannabi s p r o d u c t s w h e n i t is l e g a l i z e d i n O n t a r i o f o r c o m m e r c i a l use i n 2018 by u s i n g c o r r e c t m a r k e t i n g techniques. Di g i t a l m a r k e t i n g w i t h emphasis o n c o n t e n t m a r k e t i n g s h o u l d be t h e m a r k e t i n g s t r a t e g y o f Green G r o w t h Corporation. A b u l k a m o u n t o f company’s m a r k e t i n g budget s h o u l d be a l l o c a t e d t o c o n t e n t m a r k e t i n g . I t s h o u l d c o n t i n u o u s l y e v a l u a t e i t s m a r k e t i n g s t r a t e g y u s i n g p r i m a r y r e s e a r c h methods l i k e s u r v e y s a n d secondary r e s e a r c h methods. I t s h o u l d p l a n i t s sales management gi vi ng i m p o r t a n c e t o e n h a n c i n g c u s t o m e r experience. I t s h o u l d p l a n i t s h u m a n r e s o u r c e management a n d c o m m u n i c a t i o n management i n c l u d i n g t h e measures r e q u i r e d t o manage g e o g r a p h i c a l l y dispersed teams. I t s h o u l d use Customer r e l a t i o n s h i p management t o o l s t o e v a l u a t e a n d i m p r o v e c u s t o m e r s a t i s f a c t i o n . Project code: CPL-5559-MMPT-0096-0041R01-V2
  • 21. Thank You Project code: CPL-5559-MMPT-0096-0041R01-V2