Product development is the process of creating and refining a new product from concept to market launch. The stages typically involve idea generation, market research, prototyping, testing, and final production. Each stage plays a crucial role in ensuring the product meets customer needs and achieves success in the competitive market.
What if the first deployment of new product didnt go well? For example, due to changing laws governing the specific breed of electronic products, or discovering a software bug that was not discovered during manufacturing and testing? How to deal with such issues that "may be" discovered after selling the 100 units or so? I hope this will never happen.Thank you for your time and answer.
You are referring to electronics products, my content is about software products that generally are easier and faster to fix and deploy the fix, especially for cloud-hosted products. In the case of electronic products, I think the approach would be similar to software products, in the case of building the initial prototypes of the product with different customers, they can test them and give feedback, and help identify potential problems, before releasing them to a wider audience. Without being familiar with the testing processes: I'm guessing there has to be some way to automate the QA of the electronic products to ensure certain levels of performance and outputs.
You iterate. You readjust your product specifics to deal with the problems you found and relaunch. The things is there is always something to change, build upon or rerebuild. Treat it as a lesson and let your customers know you are very interested in their happiness, hence, your progressions. Iteration is something you keep doing overtime.
I gotta admit I'm not an expert in patents, but in my opinion, when you have a working solution that is clearly differentiated from any offerings in the market is when you could start the process.
I really suspect that Temu has american product designers working with some asian 3rd party suppliers that are currently inundating the digital consumer market.
Honestly I'm not familiar with them, other than watching a ton of ads on the recent weeks. They certainly are trying to grow and seem to have plenty of money for marketing
@@InsideTheProduct Right you are ! I see them also. Not only are the prices under cutting the U.S. markets but, their products seem to be updated designs of existing products. But yes, their marketing campaigns seem to have no limits in terms of reaching social media influences.
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Finally, I found a video for Product development that is plain and simple, easy to understand, not jargonized terminologies.
Thank you so much! I'm very happy that you found it useful
Product development is the process of creating and refining a new product from concept to market launch. The stages typically involve idea generation, market research, prototyping, testing, and final production. Each stage plays a crucial role in ensuring the product meets customer needs and achieves success in the competitive market.
Product development is a very complex process that requires lots of steps
thank you for the information explained in this video
I'm really happy that you found it useful ☺
loved this description
Thanks! I'm happy that you found it useful 😊
What if the first deployment of new product didnt go well? For example, due to changing laws governing the specific breed of electronic products, or discovering a software bug that was not discovered during manufacturing and testing? How to deal with such issues that "may be" discovered after selling the 100 units or so? I hope this will never happen.Thank you for your time and answer.
You are referring to electronics products, my content is about software products that generally are easier and faster to fix and deploy the fix, especially for cloud-hosted products. In the case of electronic products, I think the approach would be similar to software products, in the case of building the initial prototypes of the product with different customers, they can test them and give feedback, and help identify potential problems, before releasing them to a wider audience.
Without being familiar with the testing processes: I'm guessing there has to be some way to automate the QA of the electronic products to ensure certain levels of performance and outputs.
You iterate. You readjust your product specifics to deal with the problems you found and relaunch. The things is there is always something to change, build upon or rerebuild. Treat it as a lesson and let your customers know you are very interested in their happiness, hence, your progressions. Iteration is something you keep doing overtime.
What phase should you patent a product?
I gotta admit I'm not an expert in patents, but in my opinion, when you have a working solution that is clearly differentiated from any offerings in the market is when you could start the process.
Thank you
You're welcome! Hope you enjoyed it
I really suspect that Temu has american product designers working with some asian 3rd party suppliers that are currently inundating the digital consumer market.
Honestly I'm not familiar with them, other than watching a ton of ads on the recent weeks. They certainly are trying to grow and seem to have plenty of money for marketing
@@InsideTheProduct Right you are ! I see them also. Not only are the prices under cutting the U.S. markets but, their products seem to be updated designs of existing products. But yes, their marketing campaigns seem to have no limits in terms of reaching social media influences.