Case Studies

Market Research and Analysis

 / 

Education
Online learning company needed a market opportunity study to test the feasibility of introducing a new B2B business model

Client description:

A for-profit online university

Challenge: 

This for-profit university wanted to test the concept of providing outsourced online course development and support services to the higher education market.

Methodologies: 

We conducted over 50 qualitative and 200 quantitative customer interviews, conducted an online focus group.

The result: 

The research revealed that the hypothetical market was not as attractive as originally believed. As a result of our research and analysis, the client changed their market segment priorities and reevaluated their business model. Planned investment was saved as the company redirected efforts toward redesigning the conceptual business model based on market insights gathered.

Geographic scope

US

Industries involved 

Education, IT & Software

Services applied 

Competitive Intelligence, Concept Testing, Market Opportunity Study, Voice of the Customer

Methodologies 

Qualitative Research, Quantitative Research

Practice area

Market Research and Analysis

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