Steps involve in Product Development
Some of the major steps that are involved in product development are as follows:
- Idea: This is where you come up with the concept for your new product. It’s the initial spark of creativity.
- Plan: After you have an idea, you need a detailed plan that outlines how you’ll create the product. This includes design, materials, and how to put it together.
- Build: Creating a prototype, which is like a test version of the product, helps you see if your idea can work in the real world.
- Test: This step involves checking if the product functions as expected. Any issues or problems are identified and fixed.
- Make: Once you’re sure the product works well, you can start producing it on a larger scale.
- Sell: Finally, you introduce the product to the market so that people can buy and use it.
Product Development | Definition, Principles, Steps, Stages and Frameworks
Product development is creating something new that people can use or buy. This “something” can be a physical item, like a phone or a toy, or something digital, like an app or computer software. It turns ideas into real, tangible things.
Table of Content
- What is Product Development?
- Is Product Development and Product Management are Same ?
- What, Why, and How?
- Key Principles of Product Development
- Steps involve in Product Development
- The Stages of Product Development
- Product Development Frameworks
- Conclusion