Is there a real market for a guided jewellery-making studio in this part of Toronto?
An investor was ready to commit capital to a franchise, with no evidence that this part of Toronto held enough of an audience for it.
Project outcome
The studio opened, took on investment, and is thriving in the new location. The research found a defensible position in Toronto's experiential retail market and a business model that held up against it.
How I got there
I ran a horizon scan of experiential shopping, creative workshops and adjacent leisure experiences, which surfaced the shift toward participation-based retail and toward learning as leisure.
Then I sampled comparable services in person, watching where friction showed up and what shaped how people valued the experience while they were inside it. I tested the proposed business model and financial assumptions against both, and returned a prioritised where-to-play recommendation.