Assessfy Business Functions Lab Advanced 6 milestones 100 marks

Optimizing Pricing and Packaging for a Freemium SaaS Productivity Platform

Function: Product Management Industry: General Function: Product Management Type: Business-function applied project Team: up to 4 Assessment: 6 milestones (100 marks)

Real-world project · AICTE-aligned · AI-graded · Audit-ready certificate

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Available mentors
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About this project

Objective: To design data-driven pricing and packaging recommendations for a freemium SaaS product targeting Indian SMBs and startups.

Problem & Context: Indian SaaS companies offering productivity solutions to SMBs and startups often struggle to convert free users to paid customers, due to unclear value differentiation and ineffective pricing tiers. A structured pricing-and-packaging strategy is essential for sustainable growth and monetization in a highly price-sensitive market.

Approach & Methodology: The student team will analyze existing freemium SaaS models in India, gather data from user interviews, surveys, and competitor benchmarking, and apply product management and pricing frameworks to identify optimal feature segmentation and price points. The project involves synthesizing market insights, usage analytics, and customer feedback.

Deliverables & Analysis: Key outputs include a pricing model, feature-package mapping, conversion funnel analysis, competitor comparison, and actionable recommendations for tier design and pricing. The analysis will use Excel modeling, survey data, and customer segmentation techniques, with results reviewed by product managers and faculty.

Business Impact & Decision: The project informs strategic decisions on monetization, user acquisition, and retention, enabling the SaaS company to maximize conversions, revenue, and customer satisfaction in the Indian market.

Milestones
1. Problem Definition & Business Case
10 marks 21d
Submit a clear definition of the pricing challenge, business objectives, and initial hypothesis; reviewed by faculty and product manager mentor.
2. Domain Research & Data Gathering
15 marks 26d
Deliver a report on competitor pricing, user segmentation, and market analysis; review includes survey instrument and data collection plan.
3. Solution Design / Methodology
12 marks 18d
Present pricing frameworks selected, feature mapping strategy, and methodology for analysis; validated by mentor and peer review.
4. Build / Analysis & Implementation
28 marks 32d
Submit detailed pricing model, conversion analysis, and feature-package proposals; marks based on depth of analysis and actionable insights.
5. Validation & Results
20 marks 29d
Showcase results of model validation (e.g., feedback from test users, scenario simulations); reviewed by industry jury and mentor.
6. Final Report & Presentation
15 marks 24d
Deliver comprehensive report and executive presentation outlining recommendations and business impact; reviewed for clarity and feasibility.
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Skills you'll learn
GeneralProduct ManagementProduct management and feature prioritizationMarket and competitor analysisCustomer segmentation and persona buildingPricing strategy developmentData analysis using Excel and TableauSurvey design and user interviewsPresentation and business communicationApplication of pricing frameworks (e.g.Van Westendorpvalue-based pricing)
Tools used
Microsoft Excel for modelingPower BI or Tableau for visualizationGoogle Forms or SurveyMonkey for surveysSQL for querying internal usage data (if available)Van Westendorp Price Sensitivity MeterCompetitor pricing datasets from SaaS review platforms (e.g.G2Capterra)Customer persona frameworksPublic datasets on Indian SMBs (e.g.MSME ministry reports)
Prerequisites
Basic marketing principlesIntroduction to business analyticsFundamentals of product managementFamiliarity with Excel and data visualizationUnderstanding of SaaS business models
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You'll earn — Certificate (PDF)

AICTE-aligned Project Completion Certificate

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