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Opened on June 11, 2025
Company

Victoria, British Columbia, Canada
Contact

Project
Academic experience
120 hours of work total
Learner
Anywhere
Intermediate level
Project scope
Categories
Product management Market research Competitive analysis Financial modeling Marketing strategySkills
business software marketing- 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
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.
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.