Tags |
|
|
Links |
|
|
Casual Articles - I Have An Idea For A New Product, But Now What?
Angelique Max flew to New York at the age of 21 with only $300 in her pocket and the dream of becoming a New York Fashion stylist. “Looking back I think that my friends and family all thought that I had gone a little crazy because all I had was the belief that with some charm and a whole lot of persistence I could achieve anything”. When Angelique arrived in New York she knew no one but she had done her research and knew who she needed to contact and what she wanted to achieve. “I basically flew to New York having no doubt that I would succeed”. Arriving in New York Angelique made her first stop at Seventeen Magazine. “The editor took one look at Angelique and advised her to intern with a major Fashion Photographer so that she could build a portfolio. “I felt very self-conscious during the
With this information available, you are now prepared to either design the product yourself; utilize other internal resources to design the product, or to contract the design activities with an outside source. You will need access to the following functional skill sets to have your idea turned into a working product:
- electronics hardware designer(s) with the analog and/or digital design expertise required for your design idea application - printed circuit board layout designer with an applicable pcb CAD package - a software designer with the required programming expertise and software tools - a
If you have ever considered becoming a Notary Public, there are a few things that you will need to do prior to being sworn in for service. Many of the specific details pertaining to becoming a Notary Public have to do with your location. Not all notaries are required to take the same tests or pay the same fees. Governing laws in your area and the type of services that you wish to offer to the public will determine the details. Here is a list of steps you can expect to take when becoming a California Notary. Step One: Determine Eligibility To become a California Notary, you must be at least 18 years old. There is no minimum residency. Step Two: Stock Up Consider investing in a California Notary supply pack
Many great product ideas were turned into fully functional electronic devices but never made their way successfully to the marketplace because the product was not easy to use, the target market or niche market where the product could be sold successfully was not accurately identified or targeted, the product advertising was not successful, an unattractive or non-identifiable name was applied to the product, the product pricing was too expensive, the product was provided in unattractive packaging, the product as manufactured was unreliable, or the wrong sales distribution model was chosen. There are a lot of minefields to dance in before you have a successful product that meets or exceeds your sales expectations.
Initially you must identify the following to determine if your product idea is valid:
- who would buy this new product?
- how much would they be willing to pay for it?
- can you produce the product and make the required profit margins at the anticipated sales price?
- how do you get the product in front of the customers so that they can buy the product?
- can you provide warranty and service functions for the product?
- will your design require product compliance testing for any applicable FCC or UL regulations?
- will the product have to meet RoHS requirements (such as lead-free for components and soldering) for overseas (European Union, China, Japan, Korea, etc.) and domestic (California) markets?
- would this product infringe on any existing patents?
To answer the above questions, you should document your product idea in the form of a product specification document that describes which systems that the product could interface with. It should also identify all of the various functions the product should perform, describe how the product should be packaged esthetically and physically for size and shape, and define how the device will be powered. The product specification document should also describe how the user would interface with the product, such as by an equipped keypad, pushbuttons, a rotary dial switch, touchscreen, by an external link to a personal computer, PDA, or one of the newer sophisticated cell phones. You must also consider how the unit will display information to the user with options including an LCD character display, light emitting diodes or LEDs either singly or in an array, a graphics capable display in monochrome or color, or by audible tones.
Once the initial product specification document is completed, a marketing study should be initiated that identifies the optimum target market or market niche, and the product's preferable name choices, including a primary name choice and some alternate name choices. The marketing study should provide options for selling the product both directly and through sales distribution, including who would actually stock, sell, and support the product in each scenario. The marketing study should also include the product's anticipated pricing range such as the anticipated MSRP or manufacturers suggested retail price at the upper end and the discounted pricing where you would really be able to sell large quantities of the product at different volume levels and different margin levels at the lower end.
When the marketing study is completed, it should be reviewed against the original product specification document and changes made as required to either or both documents to fully identify the product requirements. Once this review is completed, the electronics and mechanical packaging design processes can begin, based on the parameters established by the review of the product specification document and the results of the marketing study. In order to optimize the design, the product designers must know what functions the product should perform, what the product should look like, and how much the product should cost to be manufactured and packaged ready for sale. Product logo designs and product labeling requirements should also be identified as they can have an impact on the physical package designs and the overall appearance of the product.
With this information available, you are now prepared to either design the product yourself; utilize other internal resources to design the product, or to contract the design activities with an outside source. You will need access to the following functional skill sets to have your idea turned into a working product:
- electronics hardware designer(s) with the analog and/or digital design expertise required for your design idea application - printed circuit board layout designer with an applicable pcb CAD package - a software designer with the required programming expertise and software tools - a
You no longer have your name - you have your name, PLUS, what people say after it.I realized this axiom years ago during the first few years of wearing a nametag 24-7. See, while that time wasn't the most comfortable or productive, it was certainly the most interesting and enlightening. Probably because the idea was still evolving; and wearing a nametag was still SO organic that every day brought about exciting new moments its evolution.By the time I graduated college, strangers began to approach me not only to ask why I was wearing a nametag; but also to ask if I was, in fact, “That Guy Who Wore the Nametag.”“Um, yeah. Yeah I am,” I’d say. Meanwhile I’d be thinking, Wow! They already know who I am! Cool.But it wasn’t until January 15th, 2003 that it all c
Initially you must identify the following to determine if your product idea is valid:
- who would buy this new product?
- how much would they be willing to pay for it?
- can you produce the product and make the required profit margins at the anticipated sales price?
- how do you get the product in front of the customers so that they can buy the product?
- can you provide warranty and service functions for the product?
- will your design require product compliance testing for any applicable FCC or UL regulations?
- will the product have to meet RoHS requirements (such as lead-free for components and soldering) for overseas (European Union, China, Japan, Korea, etc.) and domestic (California) markets?
- would this product infringe on any existing patents?
To answer the above questions, you should document your product idea in the form of a product specification document that describes which systems that the product could interface with. It should also identify all of the various functions the product should perform, describe how the product should be packaged esthetically and physically for size and shape, and define how the device will be powered. The product specification document should also describe how the user would interface with the product, such as by an equipped keypad, pushbuttons, a rotary dial switch, touchscreen, by an external link to a personal computer, PDA, or one of the newer sophisticated cell phones. You must also consider how the unit will display information to the user with options including an LCD character display, light emitting diodes or LEDs either singly or in an array, a graphics capable display in monochrome or color, or by audible tones.
Once the initial product specification document is completed, a marketing study should be initiated that identifies the optimum target market or market niche, and the product's preferable name choices, including a primary name choice and some alternate name choices. The marketing study should provide options for selling the product both directly and through sales distribution, including who would actually stock, sell, and support the product in each scenario. The marketing study should also include the product's anticipated pricing range such as the anticipated MSRP or manufacturers suggested retail price at the upper end and the discounted pricing where you would really be able to sell large quantities of the product at different volume levels and different margin levels at the lower end.
When the marketing study is completed, it should be reviewed against the original product specification document and changes made as required to either or both documents to fully identify the product requirements. Once this review is completed, the electronics and mechanical packaging design processes can begin, based on the parameters established by the review of the product specification document and the results of the marketing study. In order to optimize the design, the product designers must know what functions the product should perform, what the product should look like, and how much the product should cost to be manufactured and packaged ready for sale. Product logo designs and product labeling requirements should also be identified as they can have an impact on the physical package designs and the overall appearance of the product.
With this information available, you are now prepared to either design the product yourself; utilize other internal resources to design the product, or to contract the design activities with an outside source. You will need access to the following functional skill sets to have your idea turned into a working product:
- electronics hardware designer(s) with the analog and/or digital design expertise required for your design idea application - printed circuit board layout designer with an applicable pcb CAD package - a software designer with the required programming expertise and software tools - a
Communication is the act of relaying ideas, concepts, advice and recommendations to people who want to hear from you or have reason to care.We’ll call the people who want to hear from you your clients. The people who have reason to care are your prospects.You want to communicate to inform, inspire or provide advice. Keeping your name in front of people is an end result not a reason. You build your business most effectively by communicating with a focused purpose.Take existing clients as an example.Instead of sending a message that says “Here’s the best deal ever on our latest widget or service,” suppose you saidDear Ms. Client,I was thinking of you yesterday and had an idea that would help you to ACHIEVE THEIR GREATEST GOAL.I’d like t
To answer the above questions, you should document your product idea in the form of a product specification document that describes which systems that the product could interface with. It should also identify all of the various functions the product should perform, describe how the product should be packaged esthetically and physically for size and shape, and define how the device will be powered. The product specification document should also describe how the user would interface with the product, such as by an equipped keypad, pushbuttons, a rotary dial switch, touchscreen, by an external link to a personal computer, PDA, or one of the newer sophisticated cell phones. You must also consider how the unit will display information to the user with options including an LCD character display, light emitting diodes or LEDs either singly or in an array, a graphics capable display in monochrome or color, or by audible tones.
Once the initial product specification document is completed, a marketing study should be initiated that identifies the optimum target market or market niche, and the product's preferable name choices, including a primary name choice and some alternate name choices. The marketing study should provide options for selling the product both directly and through sales distribution, including who would actually stock, sell, and support the product in each scenario. The marketing study should also include the product's anticipated pricing range such as the anticipated MSRP or manufacturers suggested retail price at the upper end and the discounted pricing where you would really be able to sell large quantities of the product at different volume levels and different margin levels at the lower end.
When the marketing study is completed, it should be reviewed against the original product specification document and changes made as required to either or both documents to fully identify the product requirements. Once this review is completed, the electronics and mechanical packaging design processes can begin, based on the parameters established by the review of the product specification document and the results of the marketing study. In order to optimize the design, the product designers must know what functions the product should perform, what the product should look like, and how much the product should cost to be manufactured and packaged ready for sale. Product logo designs and product labeling requirements should also be identified as they can have an impact on the physical package designs and the overall appearance of the product.
With this information available, you are now prepared to either design the product yourself; utilize other internal resources to design the product, or to contract the design activities with an outside source. You will need access to the following functional skill sets to have your idea turned into a working product:
- electronics hardware designer(s) with the analog and/or digital design expertise required for your design idea application - printed circuit board layout designer with an applicable pcb CAD package - a software designer with the required programming expertise and software tools - a
You’re really doing it. You’re going back into the rat race. After being out of the workforce for a couple of months - or even several years - it’s time to jump back in with both feet. But how do you do it?I Can Do ItThat’s your mantra for your job search. You’re concerned – even intimidated – by all those people out there who have a stellar work-record. But you know what? You have something special and unique that you can bring to an employer. That is what you have to remember throughout this whole process. You have to have confidence in yourself so that others will have confidence in you as well.By all accounts, job seekers with a picture-perfect employment history do tend to have an advantage over you. Their resumes may be better received than those who are r
When the marketing study is completed, it should be reviewed against the original product specification document and changes made as required to either or both documents to fully identify the product requirements. Once this review is completed, the electronics and mechanical packaging design processes can begin, based on the parameters established by the review of the product specification document and the results of the marketing study. In order to optimize the design, the product designers must know what functions the product should perform, what the product should look like, and how much the product should cost to be manufactured and packaged ready for sale. Product logo designs and product labeling requirements should also be identified as they can have an impact on the physical package designs and the overall appearance of the product.
With this information available, you are now prepared to either design the product yourself; utilize other internal resources to design the product, or to contract the design activities with an outside source. You will need access to the following functional skill sets to have your idea turned into a working product:
- electronics hardware designer(s) with the analog and/or digital design expertise required for your design idea application - printed circuit board layout designer with an applicable pcb CAD package - a software designer with the required programming expertise and software tools - a
It's perhaps not worth blowing the whistle on governments and major corporations. Big business, international governance and even aspiring entrepreneurs have their part to play in an ever divergent world. I am going to tell you as a private investigator about the insider's vision of his business opportunity. Be assured that a private investigator will be banging his head against them all.I'm still just 49 but I've been at the sharp end of international private investigations for over 20 years. Yes, I spent my time serving court injunctions, tracing missing persons and debtors and whiling away my time on surveillance for one of the world's largest detective agencies. I also did it on my own for a while but then I moved into the serious business of international fraud and espionage.ification document and the results of the marketing study. In order to optimize the design, the product designers must know what functions the product should perform, what the product should look like, and how much the product should cost to be manufactured and packaged ready for sale. Product logo designs and product labeling requirements should also be identified as they can have an impact on the physical package designs and the overall appearance of the product.
With this information available, you are now prepared to either design the product yourself; utilize other internal resources to design the product, or to contract the design activities with an outside source. You will need access to the following functional skill sets to have your idea turned into a working product:
- electronics hardware designer(s) with the analog and/or digital design expertise required for your design idea application - printed circuit board layout designer with an applicable pcb CAD package - a software designer with the required programming expertise and software tools - a mechanical packaging specialist - an electronics assembly resource to populate the printed circuit boards, to solder the components to the boards, and to assemble the finished prototype product
Even if all of these resources are available within your own company, they may not be available to you in the timeframe your product introduction requires due to scheduling conflicts with other internal projects. This is the point in the project where it can make economic and scheduling sense to make use of the resources from outside entities. Sometimes all of these resources can be outsourced from an electronics manufacturing service provider or EMS, or you may find an engineering resource to provide the initial design services and an EMS to assemble the product. Be sure to have an appropriate Non-Disclosure Agreement in place with any and all parties that are involved in this process to protect your intellectual property.
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.casualarticles.com/article/16709/casualarticles-I-Have-An-Idea-For-A-New-Product-But-Now-What.html">I Have An Idea For A New Product, But Now What?</a>
BB link (for phorums):
[url=http://www.casualarticles.com/article/16709/casualarticles-I-Have-An-Idea-For-A-New-Product-But-Now-What.html]I Have An Idea For A New Product, But Now What?[/url]
Related Articles:
Credit Cards for Small Business
Are You Spending Time On Things You Value?
Mistakes That People Make When Working With A Recruiter
Bookmark it:
|