Go-To-Market Strategy for Eco-friendly Health Food

Closed
CofiLife
Canada
Shabs B
Founder
(55)
5
Project
Academic experience
120 hours per student
Student
Anywhere
Intermediate level

Project scope

Categories
Market research Competitive analysis Digital marketing Product or service launch Marketing strategy
Skills
niche markets planning research reports go-to-market strategy market research pricing strategies research e-commerce a/b testing innovation
Details

The main goal for the project is to survey the current competitive landscape and plan a Go-To-Market strategy for the innovative health food based on Upcycled Coffee fruit. Tons of this fruit goes to waste during coffee beans extration.


The project will involve several different steps for the students, including:

- Analyzing the current competitive landscape in the health food niche.

- Conducting market research to identify potential retail outlets for distribution.

- Developing an online ecommerce strategy for the product launch.

- Creating innovative ideas for customer uptake validation, such as Kickstarter.

- Planning A/B testing to determine the optimal pricing strategy for the launch.


Deliverables


By the end of the project, students should complete the following list of activities:


- A comprehensive analysis of the current competitive landscape in the health food niche.


- Market research report identifying potential retail outlets for distribution.


- Detailed online ecommerce strategy for the product launch.


- Innovative ideas for customer uptake validation, such as a plan for using Kickstarter.


- A/B testing plan and results to determine the optimal pricing strategy for the launch.



Final deliverables:


- A final report including the competitive landscape analysis, market research findings, ecommerce strategy, customer uptake validation plan, and A/B testing results.


- A presentation explaining all research and findings from the report.


Mentorship

All company resources for successful completion of the project including access to paid accounts and learning resources from the Product Lead.


Students will connect directly with us for mentorship throughout the project via Zoom meetings, phone and emails.

Supported causes
Good health and well-being

About the company

Company
Canada
2 - 10 employees
Food & beverage, Hospital, health, wellness & medical

CofiLife is an innovative food and beverage company which upcycles Coffee Fruit, a traditionally discarded byproduct of coffee production.

Our mission is to revolutionize the food industry by harnessing the untapped potential of coffee fruit. We aim to offer products that are not only beneficial for personal health but also contribute positively to the global environment. Our goal is to reduce waste in the coffee industry, promote sustainable agricultural practices, and provide our customers with high-quality, nutritious, and tasty food options.