Objective of the event:
The CMO Challenge is an intellectual, case-based competition where participants’ marketing acumen is tested. They will be given a hypothetical situation in which they have to step into the shoes of a CMO of a popular/struggling brand and suggest a marketing strategy to introduce new brand extensions and increase market share or prepare a turnaround plan for reviving a struggling brand.
Prizes:
1st – 10,000
2nd– 4,000
Registration Fees: Rs.300
Description of the event:
Round 1: The Marketing Maestro – Duration: 60 Minutes
This round will test the marketing knowledge of participants through a quiz.
The quiz will consist of 10 questions per team.
+10 will be given for every correct answer, -5 for every incorrect answer.
The top 5 teams will qualify for Round 2.
Round 2: The CMO’s Pitch – Duration: 180 Minutes (3 Hours for Preparation (PPT) & 20 Mins for presentation)
In this round, participant teams will be given a case of a Successful/Unsuccessful/Collapsed Brand. The participant teams have to present a marketing plan to revive/establish/strengthen the brand before the jury members.
Guidelines for CMO’s Pitch (Round.2):
The presentation should include the following:
a. Problem Identification (If the team is given the case of a failed brand):
Neglected/Potential Market Segments for Product/Brand Extension.
Why the brand declined?
What mistakes were made?
What immediate issues need solving or attention?
b. Strategy Building for failed brands (If the team is given the case of a failed brand):
Past corrective actions (What should have been done).
Present strategic plan (What should be done now).
Revamped Strategy for Relaunch.
OR
b. Strategy Building for Successful brands (If the team is given the case of a growing successful brand):
New Product/Brand Launch Strategy.
Target Segments & Positioning.
Pricing, Promotion and Distribution Strategy.
Rules for the event:
Faculty Co-ordinators:
Prof. Pushpak Deshpande,
+91 9004737696,
pushpak.management@itmbu.ac.in
Prof. Chirag Rathod,
+91 7600134481,
chirag.management@itmbu.ac.in
Prof. Aayushi Nathvani,
+91 9429912550,
aayushinathvani.mng@itmbu.ac.in
Student Co-ordinators:
Vandana Jangid,
+91 9157082547,
jangidv237@gmail.com
Arya Upadhyay,
+91 8320873880,
aryaupadhyay07@gmail.com
Urmi Rathod,
+91 919624362582,
urmira48@gmail.com
1. Scan QR Code and pay registration fees using any payment app.
2. Take a screen shot of payment receipt.
3. Scan QR Code for registration form, fill it and upload payment receipt.
1. Scan QR Code and pay registration fees using any payment app.
2. Take a screen shot of payment receipt.
3. Scan QR Code for registration form, fill it and upload payment receipt.