Craft Innovations

Craft Innovations

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Details

Min. Project Size: $10,000+
Avg. Hourly Rate: $$100 - $149 / hr/hr
Employees: 10 - 49
Location: Toronto, Canada
Founded: Founded 2019

About

Craft Innovations is a global research and design firm that specializes in creating human-focused innovative products. With a commitment to enhancing user experiences, the firm operates at the intersection of research and design, helping enterprises and startups alike to innovate more rapidly and effectively. By leveraging user insights, Craft Innovations aims to transform these insights into exceptional customer experiences that drive growth in valuation and profitability.

The firm offers a comprehensive suite of services that includes research, design, and consulting. Each of these service areas is meticulously crafted to address the unique challenges faced by businesses in today’s competitive landscape. Through qualitative and quantitative research, Craft Innovations uncovers unmet customer needs and validates decisions with data. This dual approach ensures that businesses are not only aware of what their customers want but also equipped with the evidence needed to make informed decisions.

In the realm of design, Craft Innovations excels in user experience and product design, creating products that resonate with users and are enjoyable to use. The firm also focuses on customer experience design, which is essential for building a unique competitive advantage in the market. By developing value propositions and monetization models for new products, Craft Innovations helps businesses to define their offerings in a way that maximizes their potential for success.

Consulting services at Craft Innovations include design thinking and service design training, which empower organizations to adopt innovative methodologies in their operations. This training is crucial for fostering a culture of creativity and problem-solving within teams, enabling them to tackle challenges with a fresh perspective.

Craft Innovations prides itself on its extensive experience and the impact of its work. In 2023 alone, the firm dedicated over 12,435 hours to user research and usability testing, reflecting its commitment to understanding user needs deeply. The average usability score of their UX/UI design stands at an impressive 91 out of 100, indicating a high level of satisfaction among users. Furthermore, the firm has positively impacted approximately 51 million users globally, showcasing the broad reach and effectiveness of its services.

The firm’s approach to working with startups and SaaS companies is particularly noteworthy. Craft Innovations provides a full cycle of services that encompass everything from product hypothesis validation to market fit and monetization model design. This comprehensive support is designed to accelerate time to market and enhance key product metrics such as conversions, user retention, and engagement. By focusing on making products more investable, Craft Innovations positions its clients for success in a rapidly evolving marketplace.

For enterprise and corporate clients, Craft Innovations extends innovation capabilities by gathering deep insights into consumer behavior. This process involves co-ideation, prototyping, and testing of new physical services and digital products. The firm also plays a vital role in enhancing customer experiences across existing digital touchpoints, including corporate websites, applications, and SaaS products. This holistic approach not only drives revenue growth but also fosters customer loyalty, which is essential for long-term success.

Craft Innovations has built a reputation for its expertise across various industries, including fintech, banking, retail, e-commerce, and more. This diverse experience allows the firm to tailor its services to meet the specific needs of different sectors, ensuring that clients receive the most relevant and effective solutions. The firm’s founders are also actively involved in mentoring startups and providing business support through various accelerators, further enhancing the value of collaboration with Craft Innovations.

The firm’s commitment to research and design is underscored by its membership in global research organizations and its certifications in various methodologies. This dedication to professional development ensures that Craft Innovations remains at the forefront of industry trends and best practices, enabling it to deliver cutting-edge solutions to its clients.

In summary, Craft Innovations stands out as a leader in the field of research and design, dedicated to creating innovative products that prioritize human experience. With a robust suite of services that includes in-depth research, user-centered design, and strategic consulting, the firm is well-equipped to help businesses navigate the complexities of today’s market. By focusing on user insights and fostering a culture of innovation, Craft Innovations empowers its clients to achieve their goals and drive sustainable growth.

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