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Company
Salyx Health
Victoria, British Columbia, Canada
Contact
Salyx Medical
Employer
(1)
3
Project
Academic experience
120 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Product management Market research Competitive analysis Financial modeling Marketing strategy
Skills
business software marketing
Details
  • Analyze the senior care industry and its challenges


  • Identify customer segments and their specific needs


  • Develop a competitive value proposition for the software


  • Create a feasible go-to-market and monetization strategy


  • Forecast basic financials (revenue, costs, breakeven)


  • Suggest KPIs for tracking the software's success


Deliverables



Market Analysis

  • Industry overview
  • Size of market and trends in senior care tech
  • Target customer profile (B2B: private & nonprofit care homes)

Customer Needs & Problem Statement

  • Interviews, surveys, or case studies (if feasible)
  • Specific challenges faced by senior care facilities

Product Overview

  • Key features & use cases
  • Benefits to users (time-saving, better care, accountability

Competitive Analysis

  • Who else is in this space?
  • SWOT analysis

Business Model

  • Pricing structure (subscription? per-resident? tiers?)
  • Sales channels (direct sales, partnerships, online demos)
  • Customer acquisition & retention strategy

Financial Forecast (basic)

  • Revenue model
  • First-year expenses and expected growth

Marketing Plan

  • Brand positioning
  • Messaging and outreach (conferences, LinkedIn, ads, etc.)

Implementation Roadmap

  • Key milestones (MVP launch, first customers, feature expansion)

Risks & Mitigation

Appendices

  • Interview notes, financial assumptions, etc.


Mentorship
Regular meetings

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

About the company

Company
Victoria, British Columbia, Canada
11 - 50 employees
Hospital, health, wellness & medical, Technology

We are a digital health technology company, an organization that leverages digital innovations to enhance healthcare delivery, patient care, and overall health outcomes. Our Smart Patient-Monitoring Solution, driven by the Salyx Device, connects individuals, healthcare professionals, and loved ones in real-time.