Extraction of Product Ideas

Evaluation of Assembled Product Ideas

Development and Testing of Concepts

Examination of the Idea From the Business’ Perspective

Transformation of the Product Concept into a Reality

Market Testing and Commercialization

  • Use of social media can be a huge advantage in assessing the needs of the customers. Moreover, social platforms like Facebook, LinkedIn, Twitter, etc. also make it convenient to collect feedback of the customers regarding a product.
  • Documentation of the whole product development process is helpful not only for the ongoing project but for the future endeavors as well. Thus, it is ideal to document the whole process in different segments like design documentation, technical documentation, feasibility reports, marketing documentation, etc.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store