Pricing Model Development

Closed
Riipen
Vancouver, British Columbia, Canada
Emily Masching
Product Owner
(21)
Project
Academic experience
120 hours of work total
Student
Anywhere
Advanced level

Project scope

Categories
Market research Product or service launch Sales strategy
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. 

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. 
Deliverables
No deliverables exist for this project.

About the company

Company
Vancouver, British Columbia, Canada
51 - 200 employees
Education

Riipen’s project-based learning platform leverages thousands of business and nonprofit partnerships to help higher education easily implement and scale projects that enhance learner employability.