Developing an Up-Sell Product

Closed
Main contact
905collection
Toronto, Ontario, Canada
Manager
(1)
3
Portals
(1)
Project
60 hours per learner
Learner
Anywhere
Intermediate level

Project scope

Categories
Competitive analysis Market expansion Market research
Skills
marketing sales strategy new product development
Details

We want you to help us develop a new product that will appeal to our target customer, which we can offer as an up-sell to our existing product(s).

To accomplish this, we believe you should focus on:

  • Conducting customer interviews to understand purchase decisions and needs.
  • Defining customer segments that we could target.
  • Brainstorming potential product ideas.
  • Developing marketing messaging and sales strategy for the new product.

We hope this new product will increase revenue and grow our customer lifetime value.


Deliverables
  • A written report explaining how the new product or service will complement our existing offering and increase our customer lifetime value.
  • A 5-minute product pitch presentation.
Mentorship

Students will connect directly with the employer for mentorship and supervision throughout the project. Students are able to ask questions and attend training meetings.

About the company

Company
Toronto, Ontario, Canada
2 - 10 employees
Apparel & fashion, Arts

The 905 is a growing brand that is launching into the new markets by proving custom products to the needs of teens.