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Pricing Strategy

Help Forgotten Not Gone DBA Trike Life create a well-designed pricing structure that accounts for key variables in their target market and product/service offering.
Forgotten Not Gone DBA Trike Life
North Las Vegas, NV, USA
Forgotten Not Gone DBA Trike Life
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Forgotten Not Gone DBA Trike Life
North Las Vegas, NV, USA

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Cause
Military & veterans affairs
Skills
Finance Strategy consulting

Posted September 14th

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Pricing Strategy

Project details

What we need
  • Analysis of Organization’s target audience, competition, costs and products/services
  • Recommendations for pricing for existing products/services
  • Assessment of whether any products/services should be discontinued or offered at differential price points based on constituents’ needs
Additional details

We have cycling clothing merchandise for sale which profits will fund our Nonprofits Mission.

We are launching a bicycle tour service to also fund our Mission where our community could pay to come ride our recumbent trikes. https://youtu.be/VY0ZCu0qvxM

What we have in place
  • We currently have Items in inventory with cost to produce, which should make it easy for you to get started. We also have competitors pricing, and the ability to provide any other information you need.
How this will help
This project will save us $6,868 , allowing us to use funds to keep our fleet of recumbent trikes operational.

By developing a Better Pricing Strategy will allow us to raise funds for our nonprofit to be self sustaining and not have to rely of donations to keep doors open.

Project plan

P
Prep: Current Materials
  • Volunteer Manager provides overview of current pricing and products/services and business practices
1
Milestone 1: Research & Analysis
  • Professional connects with Volunteer Manager for a brainstorming/overview session
  • Professional analyzes current pricing strategies
  • Professional gathers information about the Organization’s products and services and the use of the Organization’s resources in providing those products and services
  • Professional researches and analyzes similar products and services on the market
2
Milestone 2: Recommendations
  • Professional proposes pricing for products/services based on research of demand, audience, costs, competition, etc.
  • Professional assesses any changes needed such as phasing out certain products/services, differential or tiered pricing, etc.
  • Organization provides feedback to Professional's proposals
3
Milestone 3: Delivery of Pricing Strategy
  • Professional delivers a Pricing Strategy outlining the new pricing recommendations
  • Professional provides suggestions for how to roll out the new plan
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About the org

Forgotten Not Gone DBA Trike Life
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Causes
Military & veterans affairs Health & nutrition Violence prevention
Posted by
Peter & Kelley G
Peter & Kelley G.

Co-Founder, Trike Commando

Our mission

Forgotten Not Gone is a Las Vegas Based 501(C)(3) Veteran For Purpose Organization "Stomping Out Veteran Suicide!"

What we do

Veteran Peer Support Outdoor Recreation.

We Provide and Maintain a Fleet of Velomobile Recumbent trikes (3 and 4 Wheel Bicycles, some with electric assist) FREE of charge to ride for our local Veterans and their families to #GetOutTheDamnHouse and learn to live life #StigmaFree

Testimonials

Read the Impact Story
Alissa and her team did a outstanding job helping us with a Pricing Strategy. They asked us some thought provoking questions that forced us to reconsider our whole strategy. Alissa left us with a editable doc that we are now using to improve our process.
Peter & Kelley G.
Peter & Kelley G.

Co-Founder, Trike Commando

Pricing Strategy Project

(No testimonial has been submitted by Alissa)
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