Market Research for a fintech platform

Closed
WingZ Business Barter Corp.
Vancouver, British Columbia, Canada
Project
Academic experience
120 hours per student
Student
Canada
Intermediate level

Project scope

Categories
Communications Market research Competitive analysis
Skills
financial technology (fintech) strategic positioning research methodologies market research
Details

The pandemic has had a profound effect on local shopping, now shopping behaviors have changed utterly. The goal of this project is to conduct market research on the post-pandemic tendency of small businesses to buy locally, the demographics of local buyers, and the barriers small businesses are facing when it comes to buying locally.

We would like students to focus on:

  • Providing suggestions on the strategic positioning of our services in order to facilitate local shopping for small businesses.
  • Selecting the best research methodologies for gaining insights about project goals.
Deliverables

The final deliverables should take the form of a final report and presentation including:

  • Providing rigorous and well-documented market research on the post-pandemic tendency of small businesses to buy locally, demographics of local buyers, and the barriers small businesses are facing when it comes to buying locally.
  • An analysis of our current services and the positioning of our brand in relation to the post-pandemic shopping behaviors of small businesses.
  • Providing a report on how our services are perceived by locally operated businesses and feedback on the compliance of our product with current market barriers.
Mentorship

Students will work closely with the company management team, receive mentorship, learn more about our innovative approach to supporting local businesses and work with our large community of local businesses.

About the company

Company
Vancouver, British Columbia, Canada
2 - 10 employees
Business services, Banking & finance, It & computing

We are solving big problems that small businesses face every day. Our team is dedicated to providing small businesses with the right tools to help them connect and collaborate. WingZ is creating micro-economies where profits recirculate among small businesses, allowing them not only to grow individually but also to achieve collective growth.
With several years of experience in working with small businesses, we have created the most efficient solutions to help them achieve more together. Our young team consists of passionate and impact-driven individuals with unique skill sets. We have all felt the pain of watching a small business shut down and not receive the support it deserves; we know by heart how challenging running a small business can be and believe they deserve access to the tools that can pave the way for growth. Our cross-functional team members bring deep insights from designing Machine Learning and Explainable AI models to financial and marketing management into our startup to ensure we are the right fit for our purpose.