Developing and launching a product can often make or break a business, especially a startup business or individual inventor. The product development steps may vary based on the nature of the business or inventor’s management style, but most will eventually follow or fall within the twelve product development process steps below:
1) Your Product Idea
2) Product Idea Research and Evaluation Against Similar Competition and Ideas
3) File a Patent
4) Possibility of Licensing
If you decide not to license keep following the below list.
(keep in mind you may license an idea or product at any point in this process)
5) Potential Market Evaluation
6) Product Design and Analysis
7) Prototype Building, Testing and Perfecting
8) Consumer Product Testing, Proofing and Customer Feedback
9) Marketing Strategy
10) Prepare for Product Launch
11) Product Marketing
12) Sales and Distribution
A message from the president and owner of the company:
I’m here to assist inventors, companies and organizations with their Prototyping needs. I will supply you with expert prototyping service and solutions.
I look forward to hearing from you,
Anthony
We Build Prototypes
