PRODUCT DEVELOPMENT PROCESS | 7 ESSENTIAL STAGES
Are you able to develop a profitable product? We ready a information describing 7 levels of product improvement.
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▶ About this video:
Are you aware how a software program product is constructed? Although you in all probability have an thought, the product improvement course of could be extra difficult than you suppose. Watch this video to study extra – we’ll reveal the seven-stage mannequin utilized by essentially the most profitable corporations.
In actual fact, the aim of the product improvement course of is to create a brand new sustainable product that may survive a number of market modifications and produce tangible worth to finish purchasers. The fitting product doesn’t comply with the traits blindly, however fairly, leverages on them, whereas nonetheless assembly important buyer wants.
Let’s comply with the product improvement course of step-by-step, from thought era to improvement and additional upkeep.
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What a waste of time
I have a product idea but it’s not a mobile app
1. Idea generation : SCAMPER, Mindmap, Crowdsourcing
– Substitute
– Combine
– Adapt
– Modify
– Put
– Eliminate
– Reverse
2. Idea screening :
Fail-proof testing(feasability, budget, company's value, user needs, competition)
Visual metrix(0-10)
Financial Evaluation (cost, expected profits)
SWOT analysis
Co-star analysis (characterists of team members, opportunities of the product, functionality of the solution, determining what skills & team members you need, competitive advantages, identifying expectations)
3. Concept testing
: describe the way customers would see and use it, demonstrate this info to actual potential customers, pricing/usability/functionality/convenience/quality during testing
4. Product development
: expect price, sales amount, potential lifespan of the product before technical execution
5. Testing and execution
6. Post-development : Alpha testing, Beta testing, Things to check before commercial release
– user readiness (promote brand awareness)
– pricing
– timing (economical, technological, political)
7. Maintenance and Support
– listen to your users
– follow market trends
– collect feedback
– adapt and improve
I take a shower to generate ideas. This is where my best sellers have been developed because of the sound of water
Idea generation-Scamper
Filter
Beta Feedback
Commercial release
Brand awareness
Pricing
Maintenance and support
am i the only one thinking at 2:38 that there was a bloody massaker in this room`? smartly camouflaged as art !! XD
"listen to your users"
Adobe: hmmm, how about no
Which of the following is not a type of decision usually made during the product development stage
A) branding
B) packaging
C) product screening
D) product positioning
Sir please answer this question
Cut the cheesy music please its unnecessary
Our team has many experienced and highly talented members. When we generate an idea, we share it among our peers, refine it, document it. Then, we set the idea aside, because our leadership will just tell us it's not relevant. (Seriously.)
it's a very educational channel
when i need a new idea i smoke weed
Thank you for this informative video!