Successful PRODUCT development is not easy. This video discusses some of the best tips from twenty years of experience to give your product the best chance. Advice from the experts on how to ensure that your product development process results in a successful product launch.

5 top tips for managing the risks of developing product innovations so you can increase your chances of successful product development and launch.

Brief summary

Tip 1 – Prove it for as little money as possible.
Tip 2 – Always design a minimum viable product
Tip 3 – Patent your design Don't design your patent
Tip 4 – Design for your customer, not for yourself
Tip 5 – It's all about the MONEY.

Links for more information about each tip:

Tip 1 – Prove it for as little money as possible.
https://www.design2market.co.uk/golden-rules-of-innovation/

Tip 2 – Always design a minimum viable product
https://www.design2market.co.uk/golden-rule-2-prove-it/

Tip 3 – Patent your design Don't design your patent
https://www.design2market.co.uk/golden-rule-3-patent-your-design/

Tip 4 – Design for your customer, not for yourself
https://www.design2market.co.uk/rule-4-design-for-your-customer/

Tip 5 – It's all about the MONEY.
https://www.design2market.co.uk/rule-5-its-all-about-the-money/

This video covers all the risks involved in designing, prototyping and developing a new product and provides basic information on how to manage these risks to give a product idea a better chance of success.

D2M Innovation is a full-service product design agency based in Cheltenham. We work with start-ups and SMEs to design and develop market-leading products for our customers. Unlike other product design agencies, we specialize in the development of textile products with hard goods integrations.

#manageyourrisk #reducecosts #productdevelopment

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Do you want to reduce your risk through product development?

We are a team of passionate product designers with extensive experience in developing, prototyping, sourcing manufacturers and helping to protect new concepts. We bring concepts to production readiness.

For more information about the different services we offer, please see the links below. Thank you!

Website: https://www.design2market.co.uk/
Our services: https://www.design2market.co.uk/product-design-services/
Prototypes: https://www.design2market.co.uk/prototypes/
Case studies: https://www.design2market.co.uk/case-studies/
Contact us: https://www.design2market.co.uk/contact/

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#manageyourrisk

#product development

— D2M Innovation ltd – Successful product development

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