Project Title: Competitor Benchmarking
Sokolin, LLC
| Details | |
|---|---|
| Project Title | Competitor Benchmarking |
| Project Topics | Customer Service & Account Management Digital Marketing Growth Strategy Market Research Marketing Sales & Business Development Strategic Planning |
| Skills & Expertise | Brand Strategy Experimentation & Testing Management Consulting Market Research Marketing Strategy Sales & Business Development Social Media Strategy |
| Project Synopsis: Challenge/Opportunity | Sokolin is one of the nation’s premier fine wine retailers, offering rare and collectible wines to discerning clients. In a market where digital experience, customer loyalty, and curated service define competitive advantage, Sokolin seeks to better understand the evolving landscape of wine eCommerce—both in the U.S. and select global markets. MBA students will lead a comprehensive competitor research and benchmarking initiative to assess how peer companies are approaching customer experience, order incentives, loyalty programs, marketing campaigns, digital strategies, and international expansion. Their findings will directly support Sokolin’s executive team as they refine growth and innovation strategies.
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| Project Synopsis: Activities/Actions Required | Action Items · Identify and profile key domestic competitors (e.g., Wine.com, Vivino, Benchmark Wine, Total Wine, K&L, and other specialty fine wine merchants). · Evaluate competitor offerings across customer experience, including service models, shipping/returns, order minimums, packaging, concierge services, and loyalty programs. · Conduct a digital strategy analysis including technology stack, advertising tactics, and presence across search, paid social, and affiliate channels. · Analyze customer and order incentives, including bundling, referral offers, first-time purchase discounts, subscriptions, and seasonal promotions. · Benchmark digital marketing strategies: email flows, SMS engagement, SEO/SEM presence, influencer use, and content marketing. · Assess the market positioning and entry strategies of top competitors in high-potential global regions (e.g., UK, Hong Kong, Singapore, UAE). · Synthesize findings into a tactical recommendations roadmap to enhance Sokolin’s competitive edge.
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| Project Synopsis: Expected Results | This project will be considered successful if the student team: · Clearly articulates the differences in customer strategy among Sokolin’s competitors. · Identifies gaps or innovation opportunities Sokolin can pursue. · Provides a synthesized view of the global competitive landscape in key growth markets. · Produces actionable insights Sokolin can integrate into marketing, product, or technology planning. · Delivers a final report and presentation of professional quality that sparks internal strategy conversations.
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Project Timeline
| Touchpoints & Assignments | Date | Type |
|---|---|---|
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Kickoff Self Evaluation |
Jun 06 2025 | Evaluation |
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Program Kickoff |
Jun 09 2025 | Event |
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Temp Check #1 |
Jun 16 2025, 17:00 PM | Evaluation |
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TEMPERATURE CHECK: How's it going? |
Jun 16 2025, 17:00 PM US/Eastern (UTC-04:00) | Evaluation |
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Temp Check #2 |
Jul 07 2025, 05:00 AM US/Eastern (UTC-04:00) | Evaluation |
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HOW DID IT GO? Please give us feedback =) |
Aug 08 2025 | Evaluation |
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End of Project Peer Evaluation |
Aug 08 2025 | Evaluation |
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End of Project Self Reflection |
Aug 08 2025 | Evaluation |
Program Managers
| Name | Organization |
|---|---|
| Alisa Hunt | Post University |
| Raymond Kasei | Post University |
