Consultancy Research for Regent Group London: Organizing a Marketing Campaign
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This report provides consultancy research for Regent Group London on organizing a marketing campaign. It includes competitor analysis, target customer market, and influencing factors from the external environment. The report also identifies the top three issues the client is facing and suggests solutions.
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Contents Contents...........................................................................................................................................2 INTRODUCTION...........................................................................................................................1 1. Clarify who your client is, and what is the problem they are facing...........................................1 2. Using research, break the problem down by critically analysing and presenting areas of importance to the client such as, competitors, target customer market and influencing factors from the external environment.........................................................................................................2 3. From your above analysis, what are the top three issues the client is facing?............................4 CONCLUSION................................................................................................................................4 REFERENCES................................................................................................................................5
INTRODUCTION Business research is the area of acquiring detailed information of all areas of business for the purpose of maximising the sales and profit of the business. This is important for researcher to understand what is happening around and how to resolve business problems. The present report is based on individual learning and development that can be used to take challenge while working and complete it effectively (Abduvalievna, 2021). The project is all about consultancy forRegentGroupLondon,thataimstoprovideasimulatingandsupportinglearning environment that enables student to interact, share stories within collective community. The report involves information about client, problem they are facing, target customer market, competitors, and factors from external environment. 1. Clarify who your client is, and what is the problem they are facing In relation to consultancy project 2021 Regent Group London is the client that is college where number of students get entrants for learning and developing their understandings. The aim of the college is to improve student’s employability skills and enhance their career prospects. To improve skills, tutor and college is putting their efforts and manage the working. This is important for students to select a best college and University from where they can continue their study and enhance productivity. The college is providing different types of courses in which student get entrance according to their specialisation and interest area that support to develop understanding and managing all activities (Bode, 2021). Regent Group London college is planning to develop the NEW CAMPAIN for Regent to promote the Brand for college. This event will help to attract the number of student and increase their insights to take participation in different courses. This can help to develop the understanding and skills of individual that supports to complete the project timely and maintain performance. The College is facing the problem of organising this Campaign successfully as there is need to arrange many resources, guests, and support of students who can help to manage the activities(Duboff, 2017). . 1
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2. Usingresearch,break the problemdownbycritically analysingand presenting areas of importance to the client such as, competitors, target customer market and influencing factors from the external environment Before beginning any kind of project and work there is need to have good knowledge and skills which support to complete the task in certain time and maintain higher performance. While starting and running a project, identification of problem is needed as it helps to know what types of issues could be rise and how it can be solving effectively. This is important for each industry to understand importance of client as it supports to develop business working and productivity. Regent Group London is the main client who is planning to organise a marketing campaign for the purpose of influencing students and developing their educational skills through providing information about different industry based courses (Torre, 2021). This can help to develop the understanding and skills in particular field and manage the business activities. The importance of Regent Group London is defined in the form of different aspects such as: Competitor Analysis The competitor analysis refers to framework and tool that use by individual for the purpose of managing all business activities and attaining competitive advantages. This is most important for individual to know what happening in environment and how to influence students by providing information (Tura, 2019). With the help of competitor analysis model, visual structure is created by people by comparing with others that support to develop business activities. To face competition there is need to have proper knowledge and understanding which support to improve performance. The main competitors of Regent Group London is University of West London,Regent’s University London, Melior, and Nambiti technology that also provide education courses to their students and develop their understanding to build their future by taking part in different activities. It has been seen that Regent Group London make sure every student feels fully supported from day one. The students who will take entrance in college would get industrybasedcoursesdesignedwithemployabilityinmind,andalsomaintainstrong partnership with local business. Thus, selected client is taking competitive advantages. The company or education system is planning to use Digital campaign in which every student can take part and enhance their knowledge effectively (Kiseleva, 2020). Target customer market 2
A target market is a group of customers with shared demographics have been identified by buyers in order to make buying decisions. Products and services are designed as per customer requirement and changing environment that can help to develop the organizational productivity. In context to Regent Group London, targeted customer is most important as it understand what courses needs to be provides to students and how they could build their future. The selected client is an education system that provides different courses to their students as per changing demand that can help to improve skills and abilities of people and manage the working effectively (Werth, 2017). The targeted customers of Regent Group London are students of all ages across the globe, with an average age range of 18 to 35. This campaign will help to interact to students, share stories, and support each other in collective community. This event will also help to develop understandings and managing activities of digital marketing as it adds more new student in university programme. This can help to maintain higher productivity and profitability by managing all functions and activities. This event became most important for students to take participation in different courses as per their interest and specification which supports to develop understanding and manage event functions as well activities. The students between 18 to 35 have been completed their education or degree courses that can help to maintain higher performance (Ledford, 2017). Influencing factors from the external environment To start and running any kind of organization it is important to analysis external environment as it helps to know which factor might be affect business and event. The people shouldhavegoodknowledgeandskillswhichcanbeusedtodeveloporganizational performance by arranging all resources and activities. In relation to Regent Group London, management requires to analysis the external environment that states factors such as economic, political, social, and technological that can affect the such event and its performance. To organize digital campaign there is need to focus on political factor like government approval and stability that can help to manage programme effectively. To increase the interest of student and parents’ social factors is analysed that supports educations, and use of technology and digital marketing will help to reach targeted customers effectively. The fees structure of Regent Group London could be challenging for student that creates problems to take participations (Nissen, 2019). Segmentation 3
Regent Group London has segmented their students as per different groups such as demographic,psychographic,behaviouralsegmentation,andgeographicsegmentation.To organiseacampaign,demographicsegmentinvolvespeoplebetweenageof18-35.The behavioural segmentation focuses for part time students and full time who would take part in different industry based courses and improve the college image. This programme will help to improve brand image and productivity (Rajeshwari, 2019). Positioning Regent Group London will maintain higher position in market by influencing number of students and taking entrance in different courses (Nissen, 2019). 3. From your above analysis, what are the top three issues the client is facing? The above analysis said that, Regent Group London faces issue of organising a campaign of brand promotion, use of new technology, and providing satisfaction to students in relation to study courses that can affect the working of education and affected productivity. The issues need to be resolve by Rasika as she is expert in digital marketing, and use of new technology that will help to influence number of students and provide them opportunity to get entrance. The issues will be resolve by event planner and students by arranging sources and using optimally that will help to target those students who is looking to a best college for industry base courses (Silpcharu, 2021). The college is providing different types of courses in which student get entrance according to their specialisation and interest area that support to develop understanding and managing all activities. CONCLUSION From the report it can be concluded that Regent Group London is the client who provide study and different courses to their students which can help to develop understanding and manageperformance.Themanagementof suchcollegefacedissue of organising digital marketing campaign and use of new technology for influencing people that directly affect the working. The competitor’s analysis, target customer market and influencing factors from the external environment important to consider in running business and conducting consultancy research to manage the performance. 4
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REFERENCES Abduvalievna, K. S., (2021). STRENGTHENING THE ROLE OF CONSULTING SERVICES IN REFORMING THE UZBEKISTAN ECONOMY IS A REQUIREMENT. Bode, M., Deneva, M. and van Sinderen, M. J., (2021), September. Requirements for Digital IT Consulting Services and their Provision through Digital Consulting Platforms-Results from a focus group study. In2021 IEEE 23rd Conference on Business Informatics (CBI)(Vol. 1, pp. 111-120). IEEE. Duboff, R. and Giulioni, P.R., (2017). The marketing and selling of consulting services. InManagement Consulting Today and Tomorrow(pp. 51-70). Routledge. Kiseleva, I. A., Sadovnikova, N. A.. and Androshina, I. S., (2020). Analysis of levels and factors of competitiveness of consulting companies.Journal of Advanced Research in Dynamical and Control Systems,12(S4), pp.1259-1265. Ledford, G.E., Lawler, E.E. and Mohrman, S., (2017). Human Resources Consulting: 2016. InManagement Consulting Today and Tomorrow(pp. 175-182). Routledge. Nissen, V. and Machts, T., (2019). How to Successfully Position New Consulting Services with Clients:Insightsfrom the Theory of Planned Behavior. InAdvancesin Consulting Research(pp. 299-313). Springer, Cham. Nissen, V., (2019). Consulting research: A scientific perspective on consulting. InAdvances in Consulting Research(pp. 1-27). Springer, Cham. Rajeshwari, M. and Krishna Prasad, K., (2019). IT Consulting and Software Services by Outsourcing Makes a Company World Leader-A Case Study of Infosys Ltd.International Journal of Case Studies in Business, IT and Education (IJCSBE),3(2), pp.1-13. Silpcharu,T.,(2021).SECONDORDERCONFIRMATORYFACTORANALYSISOF CONSULTING SERVICES IN THE INDUSTRIAL BUSINESS SECTOR.Academy of Strategic Management Journal,20(3), pp.1-12. Torre, J. Q., Barriga, A. B. R.,. and Vásquez, L. E. S., (2021).Business Consulting Para La Empresa Polindustria SA(Doctoral dissertation, Pontificia Universidad Catolica del Peru- CENTRUM Catolica (Peru)). Tura, N., Keränen, J. and Patala, S., (2019). The darker side of sustainability: Tensions from sustainablebusinesspracticesinbusinessnetworks.IndustrialMarketing Management,77, pp.221-231. Werth, D. and Greff, T., (2017). Scalability in consulting: insights into the scaling capabilities of business models by digital technologies in consulting industry.Digital Transformation of the Consulting Industry: Extending the Traditional Delivery Model, p.117. 5