Industry Market Research and Analysis for Natural Health Supplements

Closed
IndiGrowth Health Wellness Healing Inc
Victoria, British Columbia, Canada
Clayton Hobbs
CEO
(2)
3
Project
Academic experience
60 hours of work total
Student
Anywhere
Intermediate level

Project scope

Categories
Market research Competitive analysis Market expansion Sales strategy
Skills
international finance product analysis market research sales
Details

We are looking to have some market research and product analysis done for our products. We are a Canadian health and wellness company that has two license applications pending approval for Class III Natural Health Products with Health Canada. We want to better understand the domestic and global market for our products as well a sa third Class III product that we are preparing to apply for a license. We are also looking to find out what single and two ingredient products are performing best in the natural supplement market. EX. Collagen We will use this information to build a simple product catalogue that will be used to boost the sales of our licensed products by offer these inexpensive products at unheard of prices becuase most companies mark these prices up extremely high when they in fact are extremely inexpensive.

Deliverables
No deliverables exist for this project.
Mentorship

Weekly meetings with a designated staff memeber. Email communication on a weekly basis

About the company

Company
Victoria, British Columbia, Canada
Consumer goods & services, Hospital, health, wellness & medical, Individual & family services

IndiGrowth Health Wellness Healing Inc. was established in 2019 and offers products and services that improve their client’s overall health and wellness. IndiGrowth has launched two natural health supplements, and applications for NPN licenses for both products have been received by Health Canada (regulatory licenses expected before Decemeber 2021). IndiGrowth’s supplements are manufactured in Canada and meet Health Canada's NHP regulations The company is looking to begin domestic and export sales with target markets being: Canada, China, USA. The company is in the process of registering for trademark registrations for its Brand name and logo as well as all product marks. The company is looking to add a services platform to it's website which will onsite of Online Health Services such as Certified Health Coaching and Professional Licensed Counselors. This platform will be unique and one of the most comprehensive Online Wellness platforms available