ZenithBlox Dynamic Pricing Strategy Development

Open
ZenithBlox Inc.
Toronto, Ontario, Canada
FODE TOURE
Founder
(7)
4
Project
Academic experience
120 hours of work total
Learner
Anywhere
Advanced level

Project scope

Categories
Market research Financial modeling Sales strategy Marketing strategy Economics
Skills
strategy development algorithms consumer behaviour data analysis customer segmentation dynamic pricing marketing strategies market research pricing strategies sales
Details

ZenithBlox Inc. is seeking to refine its pricing model to enhance competitiveness and maximize revenue. The current pricing strategy lacks flexibility and does not fully account for market fluctuations or customer segmentation. The goal of this project is to develop a dynamic pricing model that leverages data analytics to adjust prices in real-time based on demand, competition, and customer behavior. This project will allow learners to apply their knowledge of data analysis, economics, and marketing strategies to create a robust pricing framework. The team will conduct market research, analyze historical sales data, and explore pricing algorithms to propose a comprehensive pricing strategy tailored to ZenithBlox's product offerings.

Deliverables

The project deliverables will include a detailed report outlining the proposed dynamic pricing model, supported by data analysis and market research findings. Additionally, the team will present a prototype of a pricing algorithm that can be integrated into ZenithBlox's existing systems. The deliverables will also include a presentation summarizing the key insights and recommendations for implementing the new pricing strategy.

Mentorship
Tools and/or resources

Providing access to necessary tools, software, and resources required for project completion.

Regular meetings

Scheduled check-ins to discuss progress, address challenges, and provide feedback.

Supported causes

The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.

Industry, innovation and infrastructure

About the company

Company
Toronto, Ontario, Canada
11 - 50 employees
Banking & finance, Business services, It & computing
Representation
Minority-Owned

ZenithBlox is a no-code/low-code Web3 integration and compliance platform that simplifies blockchain adoption for enterprises and financial institutions. We offer seamless integration with any blockchain network, eliminating compatibility concerns. Our automated compliance tools streamline regulatory adherence, reducing risk and development time. With enhanced security features, you can protect sensitive data and build trust in your blockchain solutions.

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