Market Research

Closed
Money Karma, LLC
Detroit, Michigan, United States
Rebecca Mennen
Rebecca Mennen She / Her
Couples Wealth Coach
2
Project
Academic experience
80 hours per student
Student
United States
Intermediate level

Project scope

Categories
Market research Competitive analysis
Skills
target market coaching
Details

Our company helps couples find financial peace of mind through wealth coaching. We want to better understand our target market and overall market, so we can uniquely position ourselves within our industry.


We want to collaborate with students to conduct market research.


This will involve several different steps for the students, including:

  • Familiarizing themselves with our company’s values and services.
  • Researching our target market and market potential.
  • Researching the industry and competitive landscape.
  • Recommending strategies to improve our positioning, brand, and services.


Bonus steps in the process would also include:

  • Recommending strategies to differentiate ourselves from our competition.
Deliverables

By the end of the project, students should demonstrate:

  • Familiarity with our company’s services
  • Understanding of our target market and market potential
  • Understanding of our industry and competitors
  • Recommendation of strategies to improve our company’s services


Bonus steps would include:

  • Identifying our company’s competitive advantages

Final deliverables should include:


  • A final report.
  • A presentation.
Mentorship

Students will connect directly with the owner for mentorship throughout the project. We will be able to provide answers to questions such as:


  • Our services
  • Our current understanding of the market
  • Input on choices, problems, or anything else the students might encounter.
Supported causes
Gender equality

About the company

Company
Detroit, Michigan, United States
0 - 1 employees
Banking & finance

We help couples create a life of abundance and financial freedom. We specialize in working with couples to help them identify their values, goals, and priorities while cultivating a shift in their mindset, communication skills, and habits to build and sustain wealth.

Many couples can get stuck in comfortable patterns that they have outgrown but don’t know how to shift out of. We offer an unbiased non-judgmental third-party perspective that can identify patterns in thoughts, speech, behaviors, feelings, and actions and how they are impacting your results while offering creative solutions that match your unique needs.