Marketing

How to Price a New Product Based on Its Features and Benefits

Pricing your tech product based on what customers think it's worth can boost your revenue by 30%. This fact shows how important smart pricing is. A good strategy for pricing a new product is more than just picking a...

What is the Minimum Viable Product (MVP) in Product Development? Best Tips

Did you know Amazon first sold used college textbooks? Now, they sell millions more items. This only shows one aspect of the power of the Minimum Viable Product (MVP). It helps teams learn a lot, as soon as possible,...

Minimum Marketable Product (MMP) vs MVP: Key Differences in Product Development

How do we tell apart a market-ready product from a basic concept? It’s key to grasp the difference between a Minimum Marketable Product (MMP) and a Minimum Viable Product (MVP). This understanding can change how you view product development...

Maximize Profits with Accurate ROI Calculation Methods

Understanding ROI calculation is key in today's market. It's more than numbers—it's about gauging how well your investments work. By looking at the gains or losses compared to the costs, businesses can pick paths that up profits and growth. Many...

Market Pull & Technology Push: How to Combine for Innovative Designs

Finding the perfect mix of market needs and new tech is key in product design. This blend of what customers want and the latest tech leads to creative new products. Knowing how they work together opens up chances for...

Craft a Winning Value Proposition for Your New Product

In today's crowded market, making your new product stand out is key. A value proposition helps do that. It's a clear statement showing why customers should pick your product, highlighting your unique solutions. Unlike just describing your product, a...

Unveiling SWOT Analysis for the Product Design Process

Ever wondered why top brands always beat their rivals in product design? They use a strategic tool known as SWOT analysis. This guide will show you how SWOT analysis in product design leads to innovation and efficiency. SWOT analysis helps...

Best 2 LEGO Lean Creative Advertisings & Free Ideation Game

2Free Pro Ideation Game inside! For 70 years, the Danish Lego company has produced the most famous toy on earth. Not only are these bricks a nice technical tolerancing challenge over aging and factories variations, but they illustrate well...

Next Product Evolution – 5 Best Tips How To

So your product is out, top-notch, and well-established so is the brand? And now what? Now comes the time for Product Evolutions to stay ahead on top of the wave. Diversity & variants are one of the next ways...

Easy 3 Gold Nuggets for Innovation

Got no innovation ideas? Tired of hearing problems, complaints, negative feedback, or never-ending suggestions from customers, users, colleagues ... or even yourself? Here is why you should welcome these in product design! User's feedbacks are the gold nuggets to improve your...
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How to Price a New Product Based on Its Features and Benefits

Pricing your tech product based on what customers think it's worth can boost your...

Easy 3 Gold Nuggets for Innovation

Got no innovation ideas? Tired of hearing problems, complaints, negative feedback, or never-ending suggestions...

Next Product Evolution – 5 Best Tips How To

So your product is out, top-notch, and well-established so is the brand? And now...

Best 2 LEGO Lean Creative Advertisings & Free Ideation Game

2Free Pro Ideation Game inside! For 70 years, the Danish Lego company has produced...

Unveiling SWOT Analysis for the Product Design Process

Ever wondered why top brands always beat their rivals in product design? They use...

Craft a Winning Value Proposition for Your New Product

In today's crowded market, making your new product stand out is key. A value...

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Design-to-cost, Ergonomics, Medium to high-volume, Regulated industries, CE & FDA, Lean Sigma Black Belt