The services offered by NextWave for startups include the following :
Most startup failures are due to a lack of understanding of market need.
Market research could play a key role in the success of the startup.
The insights from the market research study would enable start-ups to estimate the market size, analyse competition, understand customer requirements and develop their growth strategy.
NextWave has strong experience in carrying out market research projects for startups in the manufacturing and services segment.
Some of the projects that have been carried out for startups are:
The most important aspect that you need to understand is if there is currently a need/demand for your new product or service.
A feasibility analysis would enable you to understand the viability of your business.
For example, a company in Pune wanted to enter into the field of manufacturing of 20 and 40 litre Stainless Steel cans that are used for transport of milk.
NextWave carried out a detailed feasibility analysis and based on that suggested to the client to not enter into the segment.
Business Plan Development
The Business Plan plays an important role in creating a structure for your business.
Business Planning includes deciding what products or services you would like to offer, estimating demand, analysing competition and creating the financial model.
The business plan could play an important role in getting the funding for your business and create a roadmap for the startup success.
Branding is an important step for startups.
Business Branding services offered by NextWave include logo design, creative and impactful marketing collaterals and packaging design.