Pricing Model Development

Closed
LulAI
Toronto, Ontario, Canada
Roberto Mena
CEO
(1)
4
Project
Academic experience
300 hours per learner
Learner
Anywhere
Advanced level

Project scope

Categories
Market research Competitive analysis Product or service launch Sales strategy Artificial intelligence
Skills
preparing executive summaries secondary research surveys focus group research legal discovery
Details

We would like you to develop and test a series of pricing model options and present an effective data-based pricing model recommendation for our organization. You should conduct primary and secondary research to confirm your recommendation is validated by our target customer in this market.

To accomplish this, we believe you will need to conduct the following research:

  1. Our organization’s costs, target customer, revenue targets, and business goals.
  2. The competitive landscape of this new market.
  3. Organizing focus groups, surveys, and/or customer discovery interviews to get input and feedback on potential pricing models.
  4. Using targeted online ads to A/B test landing pages with different price models.

We want to enter this new market with a proven pricing model so that we can have a successful launch.

Deliverables

Final deliverables should include:

  1. A written report including an Executive Summary that illustrates your research findings and recommendations on our pricing model.
  2. A visual presentation of your research findings and recommendations.
Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

Skills, knowledge and expertise

Sharing knowledge in specific technical skills, techniques, methodologies required for the project.

Hands-on support

Direct involvement in project tasks, offering guidance, and demonstrating techniques.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

Supported causes
Industry, innovation and infrastructure

About the company

Company
Toronto, Ontario, Canada
2 - 10 employees
Consumer goods & services, Education, Events services, Public relations & communications, Retail

LulAI is an advanced AI-powered SaaS platform designed to revolutionize how businesses engage with their customers. Our platform offers cutting-edge chatbot capabilities that are expertly trained on a business's products, services, and offerings to deliver personalized and seamless customer interactions.
What sets LulAI apart is our unique integration of AI into physical retail environments, enhancing the in-store shopping experience by providing real-time assistance and recommendations. Whether online or in-store, LulAI empowers business owners to elevate their customer service, streamline operations, and drive greater satisfaction and sales.