Question: Hello, I've appreciated your help so far. As you know, I require extra help with Buhi's proposal as it is more complex than the others.
Hello,
I've appreciated your help so far. As you know, I require extra help with Buhi's proposal as it is more complex than the others. I am expecting you will choose multiple methodologies to answer the research questions, and I ask that you consider Buhi's budget and timeline.
Background & Research Objective
Buhi Supply Co is a midmarket, ecommerce, and retail bag supplier. It specializes in backpack, purse, wallet, satchel, and duffel products. Buhi prides itself in providing highquality products with unique and detailed elements inspired by global designs. Buhi's most successful product is its line of backpacks. With the thought of capitalizing on that success, the company is interested in exploring the viability of a new product line: luggage.
Buhi is interested in obtaining research to help guide concept development of this potential product line. Before proceeding with a concept, the company would like to better understand the competitive environment, optimum features, and unique or preferred design elements to include for the market.
Buhi's target market for this new luggage line is predominantly male, years old, single, and earning a yearly income between $$
Research Questions
Search existing reports to discover what the competitive landscape looks like for the highquality, midmarket luggage market. Who are the players? What are their market shares? Is there room for Buhi to enter this market?
Gather qualitative data on the most desirable functions and features that should be built into this line of luggage.
Learn from category users about their experiences with luggage in generalpros and cons to uncover unique features and functions that may not yet be available in the marketplace.
Along with the topofmind features gathered, Buhi would also like to obtain interest ratings on ergonomic handles, unbreakable shells, and antimicrobial interior fabric.
Gather ratings on the most desirable aesthetic elements eg colors, design, material, etc.
What are consumers willing to pay for such a product in small, medium, and large sizes price range
What marketplace segmentation would require product variations eg business travelers, vacationers, world travelers, domestic travelers, etc.
Budget and Timeline
The budget allocated for this research project is $$P and all deliverables are due eight weeks from project launch.
Please respond to their RFP with the methodologies you propose to address these questions along with your estimated cost and timing. I look forward to evaluating your proposal.
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