Parachute Market Assessment

Project scope
Categories
Market expansionSkills
marketing strategies financial modeling market sizeThe main goal of this project is to conduct a market assessment for Parachute to expand to the US, UK, Auz, and Nz. This will involve several different steps for the students, including:
- Researching the current market conditions in each of the target countries.
- Analyzing the competitive landscape in each of the target countries.
- Identifying potential customer segments and analyzing their needs and preferences.
- Developing a marketing strategy for each of the target countries.
- Estimating the potential market size and revenue opportunities.
- Developing a financial model for the expansion project.
By the end of the project, students should demonstrate:
- Understanding of the current market conditions in each of the target countries.
- Understanding of the competitive landscape in each of the target countries.
- Identification of potential customer segments and their needs and preferences.
- Development of a marketing strategy for each of the target countries.
- Estimation of the potential market size and revenue opportunities.
- Development of a financial model for the expansion project.
You will have access to the complete management team, and as much 1:1 time with the founders as you need. There are no secrets here - help us to change the lives of millions!
Supported causes
The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.
About the company
Parachute has developed a financial well-being product & platform to help the 8M Canadians stuck with predatory lenders.