Developing an Up-Sell Product
Project scope
Categories
Communications Product or service launch Sales strategySkills
marketing sales strategy new product developmentWe want you to help us develop a new product that will appeal to our target customer, which we can offer as an up-sell to our existing product(s).
To accomplish this, we believe you should focus on:
- Conducting customer interviews to understand purchase decisions and needs.
- Defining customer segments that we could target.
- Brainstorming potential product ideas.
- Developing marketing messaging and sales strategy for the new product.
We hope this new product will increase revenue and grow our customer lifetime value.
- A written report explaining how the new product or service will complement our existing offering and increase our customer lifetime value
- A 5-minute product pitch presentation.
Students will connect directly with the employer for mentorship and supervision throughout the project. I will also be happy to assist with providing the software, data and market info.
Supported causes
The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.
About the company
We are a full-service health and wellness consulting company based in Toronto. With Undercover, clinics and independent wellness practitioners can realize their revenue dreams.