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promotion-iconPromotions & Segments

Focus:

Marketing, business management, advertising, campaign management and channel management.

Used in:

Graduation and post-graduation courses, Marketing, and business management courses provide practical insights for participants preparing for roles in advertising and channel management. Additionally, they are valuable in professional development and training for individuals involved in promotional decision-making.

Case scenario:

As a Promotion Strategist for an organic skincare brand that focuses on natural products, the participant is responsible for promoting two recently launched items. They are required to create a two-phase promotional strategy, considering information from a market research report about competitors with related products. The strategy should cover both offline and online channels, with a specific emphasis on Return on Advertising Spend (ROAS).

Participant tasks:

Strategically choose advertising channels, while considering the relationship factor, analyze data metrics, conduct A/B testing, and focus on ROAS to enhance promotional effectiveness while efficiently utilizing the given budget.

Key learning areas:

Thoroughly evaluating and testing campaigns to predict their effectiveness, understanding how various media channels interact, and recognizing the significance of consumer insights for positioning the product are fundamental aspects of the learning experience. 

Key success factors:

Success in the simulation relies on participants' skillful execution of effective promotional strategies for their businesses. This includes positioning products for the target audience by utilizing data analysis, allocating funds efficiently, and understanding the significance of channel relationships and their impact on a business.

Expected outcome:

Participants develop enhanced promotional skills and possess a strategic understanding of diverse factors influencing promotional decisions. Prepare them to apply this knowledge in marketing and business management.

Adaptability:

The platform offers powerful user-level customization options where the educator can change the storyline, parameters, difficulty level, languages, and currency for different target groups and experience levels. The platform provides a tool where participants' feedback and assessments can be done by AI. In addition, the platform also has the capability of recording engagement, conducting quizzes, and a forum for doubt-solving.

Available languages:

English, Hindi, Tamil, Telugu, Kannada, Marathi, Bengali, Malayalam, Odia, Gujarati, Punjabi.

Our holistic simulations portfolio

Cesim Global Challenge
Business Strategy for Capstone

Cesim Marketing
Product marketing

Cesim Connect
Service marketing

Cesim Retail
Retail marketing

Cesim Firm
General management

Cesim Service
Small business management

Cesim Project
Project management

Cesim Analytics
Marketing analytics

Cesim Hospitality
Service operations management

Cesim Bank
Banking management

Cesim Power
Utility management

Cesim HR Management
Strategic Human Resource Management

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Automotive Dealership & Business Management

Cesim Invest
Strategic Investment Management

Cesim Stocks
Portfolio Management

Our microsimulations portfolio

local-business-icon
Local Business

design-thinking-icon
Design Thinking

innovation-icon
Innovation

ecommerce-icon
Ecommerce

it-management-icon
IT Management

accounting-icon
Accounting

cvp-analysis-icon
CVP Analysis

financial-analysis-icon
Financial Analysis

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Capital Budgeting

portfolio-management-icon
Investment Portfolio Management

mergers-icon
Mergers & Acquisition

ordering-basics-icon
Ordering Basics

logistics-icon
Logistics

value-chain-icon
Value Chain

pricing-icon
Pricing

promotion-icon
Promotions & Segments

segmentation-icon
Segmentation, Targeting & Positioning

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Sales Management / Sales & Targets

consumer-behavior-icon
Product & Consumer Behaviour

customer-relationship-management-icon
Customer Relationship Management

hr-planning-icon
Human Resources Planning

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Change management