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Q4 Product Research Analysis Part 1

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VAE Distributions Ltd.
VAE Distributions Ltd.
Edmonton, Alberta, Canada
Stefan Semunovic
Purchasing Manager
(8)
3
Project
Academic experience or paid work
60 hours of work total
Learner
Anywhere
Beginner level

Project scope

Categories
Data analysis Market research Competitive analysis
Skills
software suite market trend product analysis market research pricing strategies research data analysis variational autoencoders
Details

The primary goal of this project is to assist VAE Distributions Ltd. in analyzing the market fit for their products in the fourth quarter. Students will engage in comprehensive market research, focusing on seasonal market trends and competitor pricing strategies. They will utilize various product analysis software tools to gather and interpret data, exporting their findings into a structured spreadsheet. The project is divided into three parts: Part 1 involves training on the in-house software suite, Part 2 allows students to practice using the software, and Part 3 focuses on conducting the actual market fit analysis. This project provides an excellent opportunity for students to apply their classroom knowledge in a real-world setting, enhancing their skills in market research and data analysis.

Deliverables

The deliverables for this project include a detailed market fit analysis report and a comprehensive spreadsheet containing all relevant data. Specifically, students will provide:


- A market research report summarizing seasonal trends and competitor pricing.


- A spreadsheet with analyzed data exported from the product analysis software.


- A presentation summarizing their findings and recommendations for VAE Distributions Ltd.

Mentorship
Domain expertise and knowledge

Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.

Skills, knowledge and expertise

Sharing knowledge in specific technical skills, techniques, methodologies required for the project.

Hands-on support

Direct involvement in project tasks, offering guidance, and demonstrating techniques.

Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

About the company

Company

We run an online retail store selling a variety of consumer goods. We specialize in data when making our purchasing decision which help fills the gaps of the market demand.