Market Analysis for Dewatering Truck Production

Closed
Reliable Septic Services Inc.
Salmon Arm, British Columbia, Canada
Special Projects Research Coordinator (sister company though)
3
Project
Academic experience
60 hours per Student
Student
Canada
Intermediate level

Project scope

Categories
Communications Market research Competitive analysis Customer segmentation Sales strategy
Skills
market environment market analysis research
Details

Our company has a patented dewatering truck prototype that is currently being field-tested, with drawings being prepared for commercial production. We are looking for a student or a team of students to prepare a market analysis to determine the competition, barriers to entry, potential market, price points, SWOT, etc. The primary goal for this project is to find an appropriate template for the market analysis and to complete a first draft.

Deliverables

The student(s) will need to interview stakeholders within the company to determine business goals for the product as related to a market analysis, then research market conditions, potential competitors, and other components of the market environment and business/product. The student(s) should be familiar enough with a market analysis to understand how to approach a market analysis in general.

Mentorship

The student will have access to all product stakeholders within the company; this is a small company with a very flat organizational structure. In addition, the student will be mentored by a supervisor who is experienced in business administration and business planning, with an MBA.

About the company

Company
Salmon Arm, British Columbia, Canada
Environment

Reliable Septic Services is a well-established septic pumping and wastewater processing company.