Pricing Model Development

Closed
Wellspring Data Limited
Vancouver, British Columbia, Canada
Employer
(1)
2
Project
Academic experience or paid work
120 hours per learner
Learner
Canada
Advanced level

Project scope

Categories
Lead generation Sales strategy Marketing analytics
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

Students will connect directly with the employer for mentorship and supervision throughout the project.

guidelines for working in customers segment

About the company

Company
Vancouver, British Columbia, Canada
2 - 10 employees
Business services, Technology

Wellspring Data Limited is a startup enabling healthcare professionals to use consumer wearable health data to monitor and improve health outcomes of their patients. Our innovative solution integrates health data from a patient’s smart wearables via their interfaces to the healthcare systems of their attending physicians through a real-time and secure data transfer.