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Product Marketing Simulation

Cesim Marketing simulation develops participants’ strategic marketing capabilities and promotes a holistic approach to decision making.

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Cases:

Mobile devices
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Case description:

The marketing simulation game consists of eight customer segments in two market areas and a maximum of six different products with varying features that can be offered to the markets simultaneously. In order to encourage unique strategy creation and execution, participants start their companies fresh without any operations history.

Participants are provided with a decision making tool that helps them to try and practice with different scenarios as well as analyze the outcomes of their decisions and projections. In addition, the simulation generates a range of reports that will help the teams to analyze and benchmark their own performance against their competitors.

Participant tasks:

A significant part of the decision making challenge is to actively manage the product portfolio by matching both qualitative and quantitative features of products with the selected target segments’ preferences. Moreover, pricing, promotion and channel selection need to be set based on the segments’ preferences. In addition, teams manage the after sales and research and development decisions.

Key learning areas:

The marketing game simulation covers marketing topics including product life cycle management, product mix management, market segmentation, positioning, distribution channel investments, advertising budget allocation, after sales services, pricing, sales forecasting, marketing research, competitor analysis, research and development, revenue and margin management and overall profitability.

Key success factors:

The essence of Cesim Marketing simulation is to mirror a rapidly changing market place that is driven by short product life cycles and innovation; where constant attention to core competences, timely product development, segmentation, positioning, and marketing communications are the keys to success.

Expected outcome:

As an outcome of the marketing strategy simulation game, participants will fully comprehend the different parts of the marketing decision making process, their relationship with each other, and their impact on the company’s overall results. In addition, participants will gain invaluable experience in teamwork and problem solving.

Available languages:

English, French, German, Italian, Mandarin Chinese, Portuguese, Romanian, Russian, Spanish, Turkish.

Customers:

Aalto University, ESSEC, EPSCI Bachelor in Business Administration (ESSEC Business School), Pôle ESG, Leeds University, Coventry University, Higher Colleges of Technology (UAE), IMD, University of Illinois, University of Durham.

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

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Local Business

design-thinking-icon
Design Thinking

innovation-icon
Innovation

ecommerce-icon
Ecommerce

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IT Management

accounting-icon
Accounting

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CVP Analysis

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Financial Analysis

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Capital Budgeting

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Investment Portfolio Management

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Mergers & Acquisition

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Ordering Basics

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Logistics

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Value Chain

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Pricing

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Promotions & Segments

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Segmentation, Targeting & Positioning

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Sales Management / Sales & Targets

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Product & Consumer Behaviour

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Customer Relationship Management

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Human Resources Planning

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Change management