What, Why, and How?
What is Product Development ?
Product development is about coming up with new ideas and turning them into actual products. These products can solve problems or make life better in some way.
Why Product Development is Important ?
People engage in product development for various reasons. They do it to make money by selling their creations, to help others by providing useful solutions, or to stay competitive in the market.
How to get started with Product Development ?
The process starts with an idea, then a plan is made to figure out how to create it. A prototype is built to test the idea, and if it works well, the product is made and sold.
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.
Product Development
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