COMMERCE CHALLENGE
Welcome to the exciting Commerce Challenge at the Indore Democratic Summit! Which is a unique opportunity for students to showcase their talents and learn valuable skills in marketing, crisis management, and teamwork. Unleashing your passion and business minds . You’ll get a chance to strategize , promote and manage products.
Quick Overview :
Total Team Members: 5 members per team
Total Teams: 20 ( First come First serve basis)
The discussion can be Bilingual (Hindi and English)
Scoring would be done on Cumulative basis across both rounds
The same team will participate in both the rounds of the fest
Round 1 :- MARKETING
In the upcoming competition, the participant’s will be provided with a product (an hour prior to the the challenge) from which they have to create a plan package, label and then promote the product in order to demonstrate their efficient marketing skills.
Their creativity and attention to detail will be the key in this challenge, as they will be required to design the packaging and plan the promotion strategy that effectively communicates the product's key features and benefits. Make sure to consider the target audience and create a label that is both eyecatching and informative.
Preparation Time : 3-4 hours
Presentation Time: 4 minutes per team
Through this round participants will get a chance to horn their creative thinking skills, and will acquire skills in marketing strategy development, design and branding along with that they can have effective communication with everyone (cross questioning would be allowed making them learn about diplomacy)
Round 2 : COMPANY CRISIS
In Round 2, the participants will be assigned a hypothetical company an hour prior to the competition, the company has undergone some serious crisis under suspicious circumstances. The participants task would be to step into the role of a crisis manager and market the company in a positive way to save it from collapsing. The participant is required to design the entire plan with all the resources company. This challenge will test the participant’s ability to think, and adapt to unexpected situations, and demonstrate effective marketing strategies in the face of adversity. Remember, the fate of the company is in the participant’s hands, and their marketing skills will be crucial in turning the situation around. The participants have to Stay focused, think outside the box, and work together to overcome this crisis.
Preparation Time : 5 hours
Presentation Time : 7 minutes per team
Through this round participants will learn all about Crisis management, Strategic thinking, Adaptability , problem-solving and regarding Team collaboration. In short, this challenge will help you develop crucial skills such as marketing, strategic thinking, crisis management, and public speaking and Working in a team of five will enhance your ability to collaborate and grasp each member’s strengths. This is also a great opportunity to meet and network with like-minded individuals who have the same mindset as yours .
SO WHAT ARE YOU WAITING FOR ?
The Commerce fest at the Indore Democratic Summit promises to be a thrilling and enriching experience. Your creativity, strategic thinking, and problem-solving skills will be put to the test. Stay focused, think outside the box, and work together to overcome the challenges Best wishes!
EVENT FEES
GUIDELINES/POINTSTONOTE
A student can participate in only one of the three events. The Youth Parliament is open for students from Grade VI- XII while the Commerce Challenge is open for Grades XI- XII and the Tech Fest for Grades X-XII.
Every school participation shall be accompanied by at-least one faculty member.
A virtual training session regarding the rules of procedure shall be conducted in the first week of august.
Offline Orientation sessions can be arranged as per the requirements of the school.
Fees is not refundable.
HOW TO REGISTER
Registration Guidelines
1. We kindly request schools to complete their registration using the provided link enclosed in the email before the specified deadline.
2. Students are encouraged to register through their school authorities.
3. Once registration is complete, schools are invited to submit an Excel sheet containing student details to our organization. Student allotments will be promptly communicated thereafter.
Registration Timeline
