Market Research

Closed
Solv4x Inc
Oakville, Ontario, Canada
SI
Admin
(15)
3
Preferred learners
  • Anywhere
  • Academic experience
Categories
Market research Competitive analysis Customer segmentation Product or service launch
Skills
secondary research marketing go-to-market strategy product lining swot analysis market segmentation sales research
Project scope
What is the main goal for this project?

Marketing Strategy

Our goal is to perform customer research in the field of EV charging and to increase awareness among the targeted audience about our product line. Our products helps utilities, fleet managers and high rise buildings to manage and schedules EV charging to optimize the price and reduce emissions.

What tasks will learners need to complete to achieve the project goal?

Part 1 - Customer Segmentation - Analyze the customers using STP approach ( or similar) to identify the most appropriate base like geographical, behavioural, contextual etc. Enlist key influences on our target customers and how our company can make changes to encourage sales. We will then move to 4P analysis once the segmentation has been carried out.

Part 2 - Competitor Research - We wish to understand who our competition is and understanding their strengths and weaknesses, in comparison to your organization. This can be achieved by SWOT analysis or secondary research methodologies such as look at competitor’s market dominance, sales, structure and so on. We look for ideas that makes us stand out.

Part 3 Product Research - Niche - As a smaller firm we would like to establish the niche to compete with the larger firms once the niche is identified. Working with our marketing experts students to make a report to identify the niche to target which will formulate the go to market strategy.

About the company

Solv4x is a female founded clean-tech firm that focuses on creating and providing intelligent problem-solving AI solutions in field of Energy. Our leadership is a niche team of professionals with decades of industry experience in developing cutting edge products. We make products to create a smart, economical and reliable power system.

Our mission is to aid the adoption of EVs keeping the electric grid robust, reduce the greenhouse gas emissions and encourage renewable integration. Our designs are futurist to adapt to V2G and autonomous driving.