Sequencing Technology Go-to-Market Strategy
Research Tools
22
>8
>5
Voice-of-Customer Research
Go-to-Market Strategy
Pricing Strategy
Competitive Analysis
Objective
A research tools start-up enlisted DeciBio to support their go-to-market strategy and activities for their novel sequencing technology by conducting pricing voice-of-customer research and evaluating potential pricing strategies
Our Approach
Secondary Research
- Supplemented stakeholder interviews with secondary research from publicly available sources including press releases and investor reports to understand the current market landscape,
- Conducted a competitive analysis evaluating comparable products and their pricing models
Primary Research
- Conducted telephone interviews with researchers and clinicians experienced in high sensitivity and accuracy sequencing to evaluate VOC feedback on the company’s offering, including willingness to pay
- Interviewees were split across institution types (e.g., academic, biopharma, clinical / hospitals, service providers), and applications with a focus on oncology and genotoxicity testing
- DeciBio worked with the client to create an in-depth product profile to discuss with interviewees, which included publication results and product specifications
Outcome
DeciBio delivered an in-person presentation to a client team, with the results of the analysis synthesized for understanding the current high-sensitivity NGS landscape and recommended pricing strategies
Key takeaways included:
- Current unmet needs in the high sensitivity sequencing customer experience
- Drivers and moderators of customer willingness to pay
- Pricing models and strategies employed by other sequencing and library prep manufacturers
- In depth evaluation of various potential pricing strategies and a recommendation for go-to-market strategy
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Competitive Analysis
VOC research, competitive assessment for a novel multi-omic technology
Pricing Strategy
Voice-of-Customer Research
Competitive Analysis
Market Landscaping and Sizing
Novel Technology Commercialization