Marketing of High-Technology Products and Innovations interns available to assist qualified Montana companies. Are you getting the very best results from your marketing dollars?

It’s that time again when I am looking for companies who would like a
student group to work with them during the spring semester for their
high-tech marketing needs. The class I teach is Marketing of
High-Technology Products and Innovations. Students in my class are
required to work with a firm to assist them with their marketing needs.
The two quotes below from students indicate that their semester project
with a high-tech firm is an important part of their learning process.

"The project is an incredibly good way to join the technical and
marketing aspects of the class. The projects fits well into the
experiential-based learning objective of the school."

"This is a very worthwhile course and contributed to a sense of being
connected to the business world."

********

This is a win-win for all concerned. The company gains the intelligence and insight from some of the best and brightest in this ever evolving expertise necessary for a successful company. The students gain valuable experience by applying their new-found knowldege to real world situations helping them prepare for their career after college. They learn the real workings of a company and provide a clear insight into challenges and opportunities that companies may not be aware of. I highly recommend participation in this and other innovative programs available through our institutions of higher learning. "The State with the Best Education Wins! doesn’t stop when you venture from the classroom. Developing stronger education/business relationships is crucial to economic success. – Russ)

***********

If you want to be considered by the students for this work, please send
me an email with a brief (2-3 sentence) description of your
company/product, and a brief (2-3 sentence) description of the nature of
the marketing problem you would like the have the students address by
Tuesday, January 28.

The specific course requirements for the students are as follows.

"Working with a high-tech firm, identify an important, meaningful,
specific marketing problem, and bring your knowledge from the course to
bear on the problem.

You must:

* conduct a thorough situation analysis for the firm in question,

* analyze the value chain; external environment; competition;
positioning;

* address customer behavior issues (segmentation, buying criteria,
etc.).

I provide a critique of the firm’s marketing strategy in terms of
product, price, promotion, distribution, and relationships,
by assessing the firm’s strengths and weaknesses.

Only after this thorough assessment can you meaningfully diagnose and
offer
solutions for the company’s problem at hand."

I typically have more companies than I do students, so if your project
is not used this semester, there would be another opportunity for next
semester. Please feel free to pass this email along to others who might
be interested.

Be aware of the fact that there will be a trade-off between breadth and
depth of the work the students can do. For example, if you would like
the students to write a marketing plan for you, it will–by
necessity–be more broad-stroke in nature with less supporting detail in
each area. On the other hand, if you would like a competitive analysis,
a marketing communications plan, a distribution channel analysis, or a
segmentation/target market analysis, you can expect proportionately more
detail for such a focused request.

You should also be aware that this is a student-driven project; while I
advise the students and work closely with them, the quality can be
highly variable. In the past, company responses have ranged from those
who said the students did not provide them with any new information to
companies who have actually used the student’s work as the basis of
their marketing plan.

The companies who seem to get the most benefit from this project are
those who are willing to provide the students with some time/information
at the outset of the project regarding the company, the industry, and
the specific marketing needs/problem of the company. Therefore, please
think carefully before submitting your company for this program.
Companies will need to plan on reading the students’ reports on May 13,
and getting their evaluation forms back to me by May 15th at noon in
order for me to submit grades on time. You may also choose to attend
your student groups’ oral industry presentation. If you will not be
able to spend some time with the students, helping to tailor their focus
and providing some guidance/feedback, or if you are early in the
marketplace and not yet focused on marketing concerns, you might
consider participating during another semester.

Finally, if you have concerns about confidentiality, you may request
that I and the students sign a nondisclosure agreement.

Thank you in advance for your willingness to help the students with a
vital part of their learning process: bridging the gap between the
classroom and the ‘real world.’

–Jakki

Jakki J. Mohr, Ph.D.

Ron and Judy Paige Faculty Fellow

Professor of Marketing

School of Business Administration

University of Montana

Missoula, MT 59812

(406) 243-2920

(406) 243-2086 (fax)

[email protected]

http://www.business.umt.edu/faculty/mohr

http://www.markethightech.net