Prototype Composter Product Launch Strategy

Closed
Now Organic Farms
Toronto, Ontario, Canada
Christopher Frazer
CEO
(22)
5
Project
Academic experience
100 hours per learner
Learner
Anywhere
Intermediate level

Project scope

Categories
Mechanical engineering Engineering project management Market research Competitive analysis Product or service launch
Skills
marketing go-to-market strategy market size packaging and labeling new product development composting research commercialization
Details

We want to expand our product offering with a new line: Research and develop a plan for a prototype composter that will help reduce household waste and provide a more efficient way of composting.

We need insights to help anticipate the ramp-up to commercialization and the best approach to go to market successfully with our new product. Initial questions to brainstorm include, but are not limited to:

1. Where in the world is the best place to launch for early success? What is the total market size for this opportunity?

2. With whom should we partner on manufacturing, kitting, packaging, warehousing, and fulfillment? How complex is that and how much will it cost, realistically?

3. Who are our closest competitors and how do we differentiate ourselves?

4. How do we establish our brand: Build awareness, acquire customers, and defend any early success?

We are looking to gain alternative perspectives on potential marketing tactics and better understand the current competitive market.

Deliverables

The final deliverables should take the form of:

  • A final report
  • Competitive research on the composters currently on the market.
  • A proposed solution
  • A 30-minute presentation
Mentorship

Students will connect directly with the employer for mentorship and supervision throughout the project to ensure their is a clear understanding as well as a successful Project.

About the company

Company
Toronto, Ontario, Canada
2 - 10 employees
Food & beverage, Agriculture, Environment, Hospital, health, wellness & medical

Now Organic Farms is a Organic Farm Company committed to providing local nutrient rich foods. Our goal is to Educate & Inspire people to grow & eat nutrient dense foods, reduce waste & contribute to building a Sustainable Environment.