Market Research

Closed
Oxilight Inc
Canada
CEO
(3)
4
Project
Academic experience
100 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Market research Competitive analysis
Skills
target market consulting
Details

We are a MedTech consulting company. Our company aims to revamp the business model and refine business lines and services. We want to better understand our target market and the overall market, so we can uniquely position ourselves within our industry.

We would like 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.
  • Identifying optimal social media channels for each market
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 and developing a strategy how to capitalize on them

Final deliverables should include

  • A final report.
  • A presentation.
Mentorship

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

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

The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.

Industry, innovation and infrastructure

About the company

Company
Canada
2 - 10 employees
Business services, Hospital, health, wellness & medical, Science, Technology

Oxilight is a remote-first MedTech product development company, which aims to improve healthcare by bringing innovative and affordable medical technologies.