Market Validation Study
![Mindflix for Athletes](https://riipen-platform2-ca-central-1-production.s3.ca-central-1.amazonaws.com/uploads/company/20623/avatar/medium-de61c69c-8b46-4878-8e51-668b8074609d.jpeg)
Project scope
Categories
Market research Marketing analyticsSkills
target market market trend marketing market research surveysThe main goal of this study is to determine the feasibility and potential success of our product by gathering feedback from customers and analyzing market trends and data.
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:
- 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.
Prepare a report outlining findings and recommendations.
Students should focus on:
- Conducting surveys and interviews with potential customers
- Analyzing data and identifying trends and insights
- Testing minimum viable product with small group of customers
Students will work closely with Co-Founder, Gus Ayoub who is supervising and available for questions. This will also include occasional progress meetings where adjustments to the students' tasks and duties can be made if necessary.
About the company
Mindflix for Athletes is an on-demand video platform designed to give competitive, recreational athletes and coaches, easy and affordable access to world-class performance and wellness content. It is the Netflix of performance and wellness content for athletes and coaches. The platform is highly user-friendly and is free to all athletes & coaches. Each athlete creates their own login and has access to the full series of video content 24/7/365 days a year. Each video “series” will include an important performance/wellness topic (over 40 topics), for athletes supported by videos lasting 3-6 minutes in length. Mindflix for Athletes will also feature sport specific live events and webcasts featuring professional and Olympic athletes as a complement to the on-demand video platform. The timing is ideal for all involved to present an innovative performance and wellness solution for young competitive and recreational athletes and coaches.