Competitive Market Analysis for Gibson's Dry Cleaners Company Ltd.

Closed
Project
100 hours per student
Student
Anywhere
Advanced level

Project scope

Categories
Communications Marketing strategy
Skills
social media analysis consumer behaviour analysis competitor analysis market opportunity marketing & advertising
Details

As a service based B2C company we have a primary focus on being efficient, responsive, and forward-thinking. Making life easier for our customers is at the forefront of everything we do and is the reason why we’ve decided to put our focus on growing and enhancing our pick-up and delivery route business. However, similar to the majority of businesses, we are one of many in a competitive space. We need to have a deeper understanding of how our competitors are appealing to potential customers through pick-up and delivery options and how our business is positioned in relation to these competitors.

With the help of a student group we would like to better understand our existing customer needs and pain points in relation to our services and how we can improve to attract customers from our competitors and keep our existing customers engaged.

In order to be successful this evaluation should include:

  • Identification of key competitors: Identify competitors' offerings, with a specific focus on pick-up and delivery, and how these services appeal to customers
  • Review and Analysis of External company communications: Websites, Social Media Pages and Accounts, Marketing Materials
  • Review and Analysis of Internal company communications: Website, Mobile App, Facebook Page, Coupons and Email Marketing Materials
  • Audience/Customer Analysis: Identify who marketing materials currently address and how Gibson's should be tailoring content for different target customer groups
  • Audit and Analysis: Understand how Gibson's uses consumer concepts throughout the customer journey for pick-up and delivery customers with specific focus on demographics, mood, emotion, attitudes, and habit formation

At the end of the project, our company will be looking for a holistic report which includes the completed analysis and research and recommendations on how Gibson's can gain a competitive advantage to attract target customers away from existing competition and towards signing up for our pick-up and delivery service. These recommendations should be specific to different target customer types (i.e. millennial, baby boomer, etc.)

Deliverables
No deliverables exist for this project.

About the organization

Organization
11 - 50 employees
Consumer goods & services, Retail

Founded in 1929, Gibson's Cleaners is recognized as the highest performing and most responsive dry cleaning company in the GTA. We help our customers enhance their image and save them precious and valuable time.

Our core value of thoughtfulness drives our mission to be the 1st choice service provider for individuals and businesses who value convenience and appreciate and expect exceptional customer service. We've maintained our competitive position for 90 years through listening to our customers, staying up to date with the latest technology, and leading with best practice sustainability initiatives.

Learn more about Gibson's story and work here: https://www.youtube.com/watch?v=bWqsYilDjeg&t=10s