[Business Strategy Internship] Designing Business Model and Revenue Strategy- ON-429

The current business model is based on charging individual users a monthly subscription fee (primary), as well as upselling add-ons mostly for “access to experts” in various forms. Companies who sponsor projects on the platform pay a one time fee for posting their project which includes the prize money for the winning teams. One of the objectives of this project for the next few months is to design, validate, and implement a recurring revenue business model for the enterprise facing offering. Given the one time nature of the interaction with companies in the current setting, the cost of acquisition is very high which is not ideal for scale. There are some initial ideas about where this could go, Janet will help the organization carry out the research rigorously, and establish a business strategy that can scale.

Faculty Supervisor:

Wenlong Yuan

Student:

Partner:

Aggregate Intellect Inc.

Discipline:

Business

Sector:

Artificial Intelligence

University:

University of Manitoba

Program: