MarketShare is a practical, engaging business simulation, perfect for supplementing Marketing Principles or second semester marketing classes. Students step into the shoes of a brand manager for an over-the-counter cold medicine team, experiencing real-world market analysis and decision-making scenarios. While the simulation simplifies the complexity of the packaged goods industry, it retains sufficient realism to enrich the learning experience.
One of the key benefits of MarketShare is that it allows students to experiment with the 4Ps of marketing—Product, Price, Place, and Promotion—in a simulated, risk-free environment. Working in teams, they face simulated competitors, responding to changing market dynamics, all while honing their collaborative decision-making skills.
MarketShare helps students understand the broader applicability of marketing concepts, beyond just the packaged goods industry. It fosters a deeper understanding of market segmentation, customer targeting, distribution motivation, and pricing strategies. This comprehensive learning tool, spanning up to six simulated years, provides insights into both the short-term and long-term impacts of marketing decisions.