Explore our comprehensive Product Development Process Tools that guide you through identifying market needs to launching a market-ready product effectively.
1
Identify Market Need
2
Concept Development
3
Devising A Product Ideation
4
Conduct Market Research
5
Analyze Competitive Products
6
Create Functional Specifications Document
7
Approval: Specification Document
8
Develop Product Design
9
Product Prototype Creation
10
Prototype Testing
11
Approval: Prototype
12
Plan Product Manufacturing
13
Arrange Product Testing & Certification
14
Approval: Testing
15
Develop Product Launch Plan
16
Train Sales and Support Team
17
Manufacture Product
18
Approval: Final Product
19
Launch Product
20
Gather Customer Feedback
Identify Market Need
In this task, you will identify the specific need or problem in the market that your product aims to address. Consider the target audience and their pain points. What are the current solutions available? How can your product provide a unique and valuable solution? This task will help you set the foundation for your product development process.
1
Millennials
2
Parents
3
Small business owners
4
Healthcare professionals
5
Outdoor enthusiasts
1
Competitor research
2
Surveys
3
Social media listening
4
Market reports
Concept Development
In this task, you will brainstorm and create initial concepts for your product. Consider the market need identified in the previous task and explore various ideas and possibilities. What features or functionalities could address the market need? How can you differentiate your product from competitors? This task will help you generate innovative ideas for further development.
