Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

The Process of Product Development

By Angie Turner Subscribe to RSS | May 25th 2012 | Views:
loading
 
  



What is Product Development?

This is the creation of new products with new or different characteristics, which offer new or additional benefits to the customers. This may involve the modification of an existing product, its presentation or the formulation of an entirely new product that satisfies a newly defined customer want or niche.

There is nothing simple about the process. It requires keen attention to competitors, customer needs now and in future, the ability to finance prototypes, manufacturing processes, a creative marketing, and communications plan.

The Process:

Though the processes are unique to each product, the basics are outlined below.

• Idea: The idea starts with a need-this product should be beneficial to potential customers .This idea becomes a sketch or a set of sketches. The visualization is critical in evaluating, communicating and documenting the specifics of the idea. All notes, specifications and concerns about the direction of the product need thorough documentation.

• Patent and Market analysis: It is critical to meet a patent attorney at the onset of the project for the following reasons:

1. Filing a patent with the products unique features protects one from others who may try to use this idea.

2. Existing patent concepts that need to be avoided during the product development process.

Understanding facets of markets such as similar products, market size, production costs and financial projections are also critical.

• Product requirement document: This is a list of all documents necessary for a fully functioning product such as intended users, buyers, selling cost, production, schedule and many more.

• Industrial Design: This is where the product begins to take shape.

• Mechanical design: CAD files of the product are created.

• Prototypes and evaluation: Prototypes are made of various materials and are tested for safety purposes.

• Final Mechanical Development.

• Tooling and component sourcing .This is done to manufacture high quantities at low costs.

• Pre Production: Parts are fabricated and assembled.

• Production: Mass production begins.

• Sales, marketing and distribution.

Angie Turner - About Author:
For more information on patent engineer, check out the info available online; these will help you learn to find the product development!

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/the-process-of-product-development.htm

Related Business Articles Subscribe to RSS

Tamin Theodore Kim makes business success with his software development company
Published by Colbert Raynard on March 20th 2012 | Business
Athena Software Services, Inc., owned by Tamin Theodore Kim, is just one of the prestigious third-pa...
 
Power plant development responsibilities
Published by Albert Stephen on June 11th 2012 | Business
Thermal energy is generally considered to be a term used in physics, and refers to the energy create...
 
Future of multimedia Game development
Published by Puneet on June 28th 2012 | Business
Multimedia is several forms of media incorporated together. Media can be text, graphics, audio, anim...
 
Tangent Exhibitions display stands are certain to get your product or service noticed
Published by James Blee on June 16th 2012 | Business
Here at Tangent Exhibitions we have a selection of five separate display stands designs from you to ...
 
Dedicated to designing development boards
Published by Seogesdc on February 17th 2012 | Business
When it comes to designing, almost everything can be considered under the term, designing....
 
Making a Nice Foremost Impression with the product packaging
Published by Leroy Batard on June 29th 2012 | Business
It is time tested saying that first impression is the last impression. This is not an exaggerated or...
 
IT solutions, IT Project Management and Software development
Published by RnD Consulting on January 3rd 2012 | Business
R&D Consulting Ltd offers professional bespoke IT Solutions. Their IT Consultants are qualified, hig...
 
Insight information on web development services
Published by Maya Gupta on June 12th 2012 | Business
In today’s modern world, it is extremely important to boast to online presence along with high ran...
 
The different marketing tactics for selling a product or service!
Published by Samantha Kirk on June 12th 2012 | Business
Profit is the ultimate goal in any business; no business gives their produce at a price that does no...
 
Monitoring delay a key factor restricting the development of IP video surveillance——http://www.apexis.com.cn
Published by Guardlyer on April 27th 2012 | Business
With the gradual promotion of the IP system, more and more professionals noted that the security of ...
 
Importance of mail and fulfilment services offered in UK for the improvement of the development in the company
Published by Diego Hall on April 17th 2012 | Business
the best option to make further profit is to hand over your business to the mail and fulfilment serv...
 
Are you looking for reliable Product Design Companies London to help you with a new product?
Published by Mary Porter on June 19th 2012 | Business
There are many different stages to the launch of a new product, from the initial concept to the desi...
 
The development of network security cameras to the impact of the security industry
Published by Guardlyer on June 19th 2012 | Business
CCTV (closed abuttals television) cameras acquire been about aback able 70 years. They acquire ser...
 
Why to read Acne product reviews?
Published by Acneexpert on January 3rd 2012 | Business

A huge assortment of acne products can be found in any skincare market. However, all these produ...
 
RoGator: upgraded agri product for the advanced farming
Published by Gyan Ojha on January 18th 2012 | Business
In every nation, agriculture plays an important role in the economy. To feed the entire population ...
 
With web application development services cope up with customers increasing demands
Published by Maya Gupta on April 6th 2012 | Business
To strategically improvise the market position of your website chose web application development ser...
 
Embryo development of Plants
Published by Seolncr on June 14th 2012 | Business
Accumulation of food reserves . These are made ??in the green parts of the plant and are transported...
 
How to Prepare for CompTIA Network+ Certification to get career development
Published by Zhuimeng on January 12th 2012 | Business
N10-004 is a certification that lends a new shape to the career of an individual. Using the skills a...
 
Floral development and Transition floral
Published by Seolncr on January 25th 2012 | Business
The floral development and flower development is the process by which plants angiosperms produce a p...
 
The semiotic analysis for development of pharmaceutical brand
Published by Adryana Bygger on May 21st 2012 | Business
Lifecycle provides services of pharmaceutical marketing research. Semantic and semiotic analysis are...