Market Validation Study for Zinio

Closed
Velocity Tech
Toronto, Ontario, Canada
Managing Director
(5)
4
Project
Academic experience
200 hours per learner
Learner
Anywhere
Advanced level

Project scope

Categories
Market research Marketing analytics
Skills
feasibility studies customer insights market analysis competitive analysis market size regulatory compliance market positioning technology assessment pricing strategies focus group
Details

To validate the market demand, feasibility, and competitiveness of Zinio’s business model, which focuses on connecting ERP contractors from Africa with companies in North America and Europe.


Assignment Goal:

To gather and analyze data that confirms the viability and potential success of Zinio in its targeted market segments.


Tasks to be Completed:


1. Market Analysis: Study the size, trends, and characteristics of the ERP market in both Africa and South America including the target regions (North America and Europe).

2. Competitor Analysis: Identify and analyze major competitors, their offerings, strengths, and weaknesses.

3. Customer Insights: Conduct surveys, interviews, and focus groups with potential users (ERP contractors in Africa/South America and businesses in North America and Europe) to understand their needs, preferences, and willingness to use Zinio.

4. Regulatory Compliance Review: Assess the legal and regulatory framework relevant to cross-continental ERP contracting.

5. Pricing Strategy Evaluation: Analyze various pricing models to determine the most viable option for Zinio.

6. Technology Assessment: Evaluate the current technology landscape to determine the feasibility of Zinio’s proposed platform functionalities.


Deliverables

Deliverables:


1. Comprehensive Market Analysis Report: Detailing market size, growth potential, and key trends.

2. Competitor Analysis Document: Highlighting key competitors, their market positioning, and opportunities for differentiation.

3. Customer Insight Report: Summarizing findings from surveys, interviews, and focus groups.

4. Regulatory Compliance Summary: Outlining key legal and regulatory considerations for Zinio’s operation.

5. Pricing Strategy Recommendation: Offering insights on the most effective pricing model based on market analysis.

6. Technology Feasibility Report: Evaluating the technical aspects of the Zinio platform.

Mentorship

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

  • Who is our target market?
  • Who are come of our market competitors?
  • What is our partnership strategy for GTM?
  • Which ERP’s are most popular?
  • Input on choices, problems or anything else the students might encounter.
Supported causes
Decent work and economic growth

About the company

Company
Toronto, Ontario, Canada
11 - 50 employees
It & computing, Technology

We are a full-service digital strategy & software engineering.