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alicia castillo wealthing group   Creating Wealth From Innovation
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MARKET ASSESSMENT | SALES PLAN | INTERIM VP SALES  | BUSINESS PLAN | INTERIM CEO

 

 

The Market Assessment is the best investment to build a solid foundation for its success.

 

 

 

 

OUR METHOD

Assessment provides critical information that supports decisions about investment, business models and operations. Through a series of surveys, interviews and interactions we discover or create a value proposition that maximizes the creation of wealth.  Our Market Assessment includes:

  • Size of market, current and future (units and value).

  • Description of the innovation in terms of a "solution to a problem".

  • High-value drivers, low-value drivers, differentiating features.

  • Suggested positioning and ideal client profile.

  • Sales leads and collaborative opportunities with third parties.

  • Impact of the innovation’s entry to the market. Expected reactions from potential users, competitors, substitutes, and potential partners.

 

RESULTS

Summarized 20-25 pages presentation. Support information about clients, market data, and substitutes/competitors is annexed for further references. A comprehensive list of useful contacts is provided.

 

Time to completion: 3 months.

Client’s commitment: 10-20 hrs.

 

What to expect

 Obtain a Clear ICP (Ideal Client Profile): 100% clients

 

 

Identify changes in operations and marketing efforts to meet ICP needs: 73% clients

 

 

Distinguish benefits that are low value drivers and lower the value of the technology: 65%

 

 

Discover new benefits that are valuable in the market and that  had not been considered: 100% clients

 

 

Sales leads from assessment: 93% clients

 

 

Ask us to continue as consultants in the next phase of their commercialization efforts: 80% clients

 

 

See testimonials

CASE

A spin-off from a University needed a business plan in educational software.

Their original ideal clients were dispersed but had objections to the technology despite its benefits.

We proposed to do a market study (NOT a Business Plan) to find if there was enough interest and wealth to sustain a company.

After completing an international survey, in-depth interviews, and studying other users, the market assessment completely overhauled the original strategy.

We created a key value proposition with unique selling points.

Increased estimated price from $19 (yes, nineteen dollars per user) to $50,000, by changing client profile (and yes, number of clients was reduced too)

 Generated 26 sales leads, of which 2 were converted in 3 months

 Proposed the development of a business plan to grow the company globally with a local entry

See more cases

       
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