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MARKETING STRATEGY SIMULATION

The World's Leading Strategic Marketing Simulation

 

Markstrat
 

Develop strategic marketers through the industry's most realistic marketing simulation.

Markstrat is the world's leading strategic marketing simulation, helping MBA programs, business schools, executive education providers and global organizations develop strategic thinking through realistic competitive decision-making.

Built on sophisticated mathematical market models and validated by more than 40 published academic research articles, Markstrat enables participants to experience the complexity of real markets in a safe, engaging and measurable learning environment.

SaaS Image
Markstrat screenshot
 

Develop strategic marketers through the industry's most realistic marketing simulation.

Markstrat is the world's leading strategic marketing simulation, helping MBA programs, business schools, executive education providers and global organizations develop strategic thinking through realistic competitive decision-making.

Built on sophisticated mathematical market models and validated by more than 40 published academic research articles, Markstrat enables participants to experience the complexity of real markets in a safe, engaging and measurable learning environment.

 

Why Markstrat Stands Out

Unlike simplified business simulations, Markstrat uses sophisticated models to recreate evolving customers, competitors and technologies.

Participants experience the real consequences of strategic decisions in the benchmark marketing simulation trusted for over 40 years.

 

The Most Realistic

 

The Most Realistic

The Most Researched

 

The Most Researched

 

The Most Trusted

 

The Most Trusted

 

 

Built on Confirmed Market Models

The most realistic strategic marketing simulation on the market

Markstrat is powered by sophisticated mathematical models that replicate realistic competitive market dynamics. Every decision influences future market conditions, requiring participants to think strategically rather than simply optimize short-term results.

✔ Dynamic customer behaviour

✔ Competitor reactions

✔ Evolving market segments

✔ New technology adoption

✔ Long-term strategic consequences

✔ Multi-year business planning

Built on sophisticated mathematical market models and validated by more than 40 published academic research articles, Markstrat enables participants to experience the complexity of real markets in a safe, engaging and measurable learning environment.

Mathematical Models in Icon Style Portrait-1
 

Built on Confirmed Market Models

The most realistic strategic marketing simulation on the market

Markstrat is powered by sophisticated mathematical models that replicate realistic competitive market dynamics. Every decision influences future market conditions, requiring participants to think strategically rather than simply optimize short-term results.

✔ Dynamic customer behaviour

✔ Competitor reactions

✔ Evolving market segments

✔ New technology adoption

✔ Long-term strategic consequences

✔ Multi-year business planning

Built on sophisticated mathematical market models and validated by more than 40 published academic research articles, Markstrat enables participants to experience the complexity of real markets in a safe, engaging and measurable learning environment.

 

Why Markstrat Feels Like Running a Real Business

Markets don't stand still. Neither does Markstrat.

Throughout the simulation, customer needs evolve, new technologies emerge, competitors respond to every strategic decision and market segments shift.

Strategies that succeed today may fail tomorrow.

Participants must continuously reassess their positioning, pricing, product portfolio, R&D investments and communication strategy as the market changes around them.

This realistic market evolution is one of Markstrat's defining characteristics and a key reason why it remains one of the world's most respected marketing strategy simulations.

Simulation Mockups (Wattpad Book Cover)

What Participants Learn

 

Strategic marketing planning
Strategic marketing planning 

 

Market segmentation
Market segmentation

 

Targeting and positioning
Targeting and positioning

 

Pricing strategy
Pricing strategy

 

Product portfolio management
Product portfolio management

 

Innovation and R&D investment
Innovation and R&D investment

 

Competitive analysis
Competitive analysis

 

Demand forecasting
Demand forecasting

 

Financial decision-making
Financial decision-making

 

Cross-functional collaboration
Cross-functional collaboration

 

Long-term strategic thinking
Long-term strategic thinking

 

 

Key Concepts

Brand portfolio management

Brand Portfolio Management

New website icons (3)

Segmentation

 

New website icons (12)

Positioning Strategies



 

Put into practice

Managed established and emerging markets

Managed established and emerging markets

Conduct market and competitor analysis

Conduct market and competitor analysis

 

Essential marketing tools

Essential marketing tools



Research & Development

Research & Development

Product portfolio & launches

Product portfolio & launches

 

17-1

Sales and distribution strategies



 

Markstrat features

  • Modern interface and intuitive navigation
  • Beneficial and memorable learning experience.
  • Available in 8 languages: Web versions in English, Spanish, Chinese and Portuguese and installable versions in English, French, Spanish, Portuguese, Russian, Chinese, and Japanese.
  • Built-in assessment tools
  • Accessibility compliant (WCAG and ACR/VPAT)
  • Real-time AI Assistant to support learners inside the simulation

Competition

  • Team vs. Team (direct)
  • Team vs. AI (indirect)
 

Proven to develop strategic decision makers

Unlike most business simulations, Markstrat has been evaluated through decades of academic research and corporate studies.

A published study among managers in a large corporation found:

93
%

agreed Markstrat is a realistic simulation of competitive market forces.

91
%

would recommend Markstrat for management development.

Managers described the experience as:

 

"Extremely lifelike."

"Very competitive marketing environment."

"It didn't feel like a game."

Managers also reported changing real business decisions after completing the simulation by applying insights to pricing, positioning, segmentation, competitive analysis and forecasting.

 

Source Management Perspectives on Markstrat: The GE Experience and Beyond.

 

 

Pick your industry

B2C-Durable Goods

B2C-Durable Goods

Markstrat’s classic version allows participants to design and implement a marketing strategy in a completely fictitious electronics market. The new web platform features modern vocabulary and industry settings matching today’s durable consumer goods market realities.

B2B

B2B

This marketing simulation software features vocabulary, market and industry settings that are adapted to B2B situations. It addresses challenges of B2B markets, such as direct VS indirect distribution.

 

B2C

B2C Consumer Goods

This version features vocabulary and industry settings that are adapted to fast moving consumer goods markets. It addresses challenges behind consumer goods marketing strategies such as repeat purchases, retention rates, private labels or share of shelf space.

What users say about Markstrat 

 

Frequently Asked Questions

 

What is a strategic marketing simulation?

A strategic marketing simulation is an experiential learning tool that allows participants to manage competing brands in a realistic market environment. Teams make decisions on pricing, product development, communication, segmentation and positioning while responding to changing customer needs and competitor actions.

Why is Markstrat considered one of the best strategic marketing simulations?

Markstrat combines sophisticated mathematical market models, realistic competitor behaviour, evolving customer needs and decades of academic research. It is used by leading MBA programs, business schools and corporations around the world and is supported by more than 40 published research articles.

How is Markstrat different from other business simulations?

Unlike many business simulations that rely on simplified business models, Markstrat recreates evolving competitive markets where customer needs, technologies and competitor strategies change over time.

Participants must think strategically, collaborate effectively and continuously adapt their decisions as the simulation progresses.

What is the objective of Markstrat?

Participants manage the marketing division of a large company and compete against other companies in a highly competitive and complex market.

The goal is to work effectively together as a team to make smart decisions to maximize the Share Price Index (SPI) of their company.

Which aspects of marketing will participants learn with Markstrat?

Participants will learn key strategic marketing concepts such as targeting and positioning, segmentation, conducting & analyzing marketing research, managing a product portfolio, making R&D decisions and advertising/salesforce decisions.

How many participants can play together?

Participants typically compete in teams of 3 to 6 people, although team size can be adjusted depending on your program. Multiple teams compete within the same simulated market, creating realistic competitive dynamics.

How long will Markstrat take to complete?

The Markstrat simulation requires 12-20 hours of decision-making, and can be administered in a variety of formats:

    • Over the course of a semester (suited for academic programs)
    • Intensive 4.5-day course (suited for both academic and corporate programs)
    • 2-day highly intensive course (suited for both academic and corporate programs)

How do I get started?

Markstrat is available to registered instructors and corporate learning providers. Simply create an account and complete your profile. Once verified, you’ll gain access to instructor resources, support and everything you need to set up your first course. homepage.

Turn your learners into strategic marketers with Markstrat today