Market Validation Study

Closed
Fyto Technologies
Los Angeles, California, United States
CEO
(2)
3
Project
Academic experience
80 hours per Student
Student
Anywhere
Intermediate level

Project scope

Categories
Market research Product or service launch Marketing analytics
Skills
target market marketing market research business to business
Details

We are a b2b and d2c company offering automated wildfire protection products to homeowners. The d2c model will be available on our website www.firefyto.com. The b2b model will sell to partners such as contractors, property developers, insurers etc.

We are looking to gain a better understanding of out target market to ensure we are positioning ourselves in the right segment, offering effective benefits, and creating the best marketing messages.

To accomplish this, you could focus on providing:

  • Perform customer discovery interviews to understand tier 1 pain points
  • A complete analysis of our current offerings, our target market, and the positioning of our brand.
  • Conducting empirical interviews and/or questionnaires for feedback on our brand, product, service, etc.
  • Executing further market research to develop a comprehensive report of our target market.

We hope to gain a comprehensive understanding of our target market and how we can better satisfy their needs. We would like recommendations on how to improve our positioning, brand, and products to better suit the market.


Deliverables
No deliverables exist for this project.
Mentorship

I am available each day for office hours. I am also always reachable via email and messaging platforms such as Slack.

Before founding Fyto, I was the Director of Product at Quantgene, a biotech company in Los Angeles. I have also served as a professional advisor to the Project Management Institute since 2017.

About the company

Company
Los Angeles, California, United States
0 - 1 employees
Manufacturing, Technology, Environment, Real estate

Fyto Autonomous Firefighting is a California-based wildfire protection company. Our mission is to end the destruction of private property caused by climate disasters with a specific focus on wildfires.
Fyto has an exclusive license to use a patented sprinkler system in North America. This sprinkler system will douse the home and the area around the home (the fuels) in water and a microbial-based wetting agent.
In addition to this, Fyto is has developed Fyto Cloud, an artificial intelligence-based system to determine when to enable the sprinkler systems around your home. By using a network of sensors, Fyto Cloud can monitor the environment and selectively enable the sprinklers around the home to reduce the risk of fire ignition.
Fyto is targeting homes in the WUI (Wildland Urban Interface) as a large swatch of these homes are unable to get adequate insurance.

We call our wildfire defense product ‘FireFyto’. You can see more at www.homewildfireprotection.com