
Project scope
Categories
Market research Competitive analysis Market expansionSkills
competitive analysis service offerings strategic planning comprehensive planning customer acquisition management market analysis consumer behaviourWellness Flowz Lymphatic Massage is looking to diversify its service offerings by entering the psychotherapy market. The goal is to create a strategic plan that outlines how the company can effectively expand into this new sector and attract new clients. This project involves researching the psychotherapy market to identify potential opportunities and challenges, understanding the needs and preferences of potential clients, and analyzing competitors in the field. The team will also explore how Wellness Flowz's existing brand and services can be leveraged to appeal to psychotherapy clients. By applying classroom knowledge in market analysis, strategic planning, and consumer behavior, learners will develop a comprehensive plan that aligns with Wellness Flowz's mission and values.
The project deliverables will include a detailed strategic expansion plan document that outlines key findings and recommendations. This will encompass a market analysis report, a competitive analysis, and a client acquisition strategy. Additionally, a presentation summarizing the plan and its potential impact on Wellness Flowz's growth will be prepared. The deliverables should provide actionable insights and clear steps for Wellness Flowz to successfully enter the psychotherapy market.
Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.
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.
About the company
Wellness clinic providing lymphedema treatment, Osteopathy, psychotherapy and advanced esthetics through facials.