Competitive Analysis for InnScience

Closed
InnScience Labs Inc.
Niagara Falls, Ontario, Canada
Stany Castillo
CEO
(13)
3
Project
Academic experience
60 hours of work total
Learner
Anywhere
Intermediate level

Project scope

Categories
Market research
Skills
competitive analysis marketing target audience web analytics sales paragraphs
Details

Number of individual students required: 3 students

It’s important for us to have a better understanding of how our target audience perceives our brand and competitors. We want to develop clarity on our competitive advantages and optimize our marketing strategy.

This project will include:

  • An identification of our current competitors
  • An identification of potential future competitors (eg. a large company in a similar industry who may enter the space)
  • The creation of a matrix identifying features shared across the companies and those that are different.
  • A summary of 2-4 paragraphs describing our competitive advantages and disadvantages relative to the competition identified. This could be done in the form of a SWOT analysis.

We will give you access to organizational assets to support this project such as personnel, website analytics, sales and brand collateral, and more. We can suggest names of competitors to research.

Objective

We hope to gain a comprehensive understanding of the competitors in our space and how we can differentiate ourselves through our product/service offering, and our messaging.

Deliverables
No deliverables exist for this project.
Mentorship

We will have weekly check-ins

Added benefits of this internship:

  • Exposure to the startup environment
  • Networking opportunities
  • Mentorship

About the company

Company
Niagara Falls, Ontario, Canada
2 - 10 employees
It & computing, Technology

InnScience provides an AI-powered search engine for research papers and patents. It also recommends profiles for potential partnerships.