Retail and wholesale Expansion Strategy for Sineha Spices

Open
Sineha Spices
Montréal, Québec, Canada
She / Her
Owner and Founder
(4)
5
Project
Academic experience
200 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Market research Competitive analysis Market expansion Marketing strategy
Skills
strategic planning value propositions market trend market analysis marketing consumer behaviour business strategies wholesaling management market share
Details

Sineha Spices, a renowned brand in the spice industry, is looking to expand its presence in the retail and wholesale market. The company seeks to develop a strategic plan to effectively introduce its products to new retail and wholesale partners and increase its market share. The project involves analyzing current market trends, identifying potential retail and wholesale partners, and crafting a compelling value proposition for them. Learners will apply their knowledge of marketing, business strategy, and consumer behavior to create a comprehensive expansion strategy. The goal is to provide Sineha Spices with actionable insights and a clear roadmap for entering new retail and mostly wholesale channels, ensuring alignment with the company's brand values and growth objectives.

Deliverables

The project deliverables include a detailed report outlining the proposed retail and wholesale expansion strategy, including market analysis, target profiles, and a value proposition tailored to potential partners. Additionally, learners will create a presentation summarizing their findings and recommendations, which will be presented to Sineha Spices' management team. The deliverables should provide clear, actionable steps for the company to implement the strategy effectively.


A deep analysis of the impact and benefits of every aspect on the recommendations must be done in order to justify their relevance in the success process.


The team should be good in French as well since we also target French regions like Quebec.

Mentorship
Hands-on support

Direct involvement in project tasks, offering guidance, and demonstrating techniques.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

About the company

Company
Montréal, Québec, Canada
0 - 1 employees
Agriculture, Food & beverage, Retail
Representation
Minority-Owned Women-Owned Small Business Family-Owned Immigrant-Owned

SINEHA SPICES is a dynamic, family-run company that produces and distributes THE REAL Penja pepper (Penja-Cameroon), a rare and exceptional spice, certified PGI, one of the best in the world.

We distribute in Canada through our website, to restaurateurs, distributors and delicatessens.

We believe that better health requires well-being, but also pleasure during mealtimes. Our mission is to combine taste and health for the betterment of our consumers.

Our authentic Penja pepper is irresistible, ideal for those looking for exotic tastes and fragrances, healthy and tasty seasonings. It can be used in meals as well as in hot or cold drinks.

We have recently launched two new products: Spicy Hot Chocolate and Spicy Coffee with Penja Pepper, which are proving a big hit with our consumers.