How to Develop a NEW PRODUCT (From Concept To Market)

So, you’ve got a great new idea for a product? Now what? In this video, we will guide you on how to develop a new product from concept to market.

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Bringing your vision for an original product to life is frequently one of the biggest hurdles for aspiring entrepreneurs.

The product development process can seem almost mysterious, and when you hear the origin stories of other great businesses, the journey to a finished product rarely resembles a straight line.

During product development, each journey to a finished product is different and every industry has its own unique set of quirks involved in creating something new. If you find yourself struggling to figure it all out, remember that every product that came before yours had to overcome the same challenges.

By following these steps in this video, as you undergo your own product development process, you can break down the overwhelming task of bringing a new product to market into more digestible phases.
No matter what you’re developing, by putting in all the necessary preparation—through researching, planning, prototyping, sourcing, and costing—you can set yourself up for a successful final product.

Here is what we’ll cover in this video:
00:00 Introduction
01:09 Step 1: Ideation
04:32 Step 2: Research
07:28 Step 3: Planning
08:54 Step 4: Prototyping
10:36 Step 5: Sourcing
12:13 Step 6: Costing
13:39 Tips for Developing a New Fashion Product
14:33 Tips for Developing New Beauty Products
15:21 Tips for Developing New Food Products

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[SpiritualMindOverMatter]

Thank you for this mini course. It took longer than 18 minutes from all the notes i took. I definitely have a better understanding. You made it easy to grasp!

[tanvigarg]

Earlier, I thought I have already figured out my product but after watching this video it gave me a clear path and more ideas. Great content!! Must watch for anyone want to build a product from scratch

[mohamedhaneef]

your videos are 10x practically valuable than many full time Entrepreneurship programs online.

[rajdip-]

The value this video offers is worth over a million dollars 😀

[christopherdavis]

I ran across your video and i immediately started taking notes, although I didn’t finish because i was so excited reason being I’ve been stuck with this mental block trying to figure out my next step. My question is, do i get a provisional patent before prototyping?

[感恩惜福]

Quite great concept, we did similar procedure u suggested, we are new trade, 5 years passed, keep growing in this way.,

[josephndegwa]

It is a well prepared, clear and simplified explaination of what to do. It has really amplified my thinking.

[KKRZ]

I really appreciate the free education to us new entrepreneurs! These videos are helping me with my startup as we speak. Kind of salty I started with squarespace, but I’m over all thankful

[JohnWRuth]

Great video and explanation. Having climbed the rungs of concept to market in the space of last year, I can concur that the info provided is as clear as it gets. Of course, each facet can drill down into further detail, such as what systems to use etc. I also appreciate your mental approach to believing in ones success.

[Mr.Grinch]

So I have come up with a new product that’s going to help the medical, handicapped and mobility issues. I have a prototype and I’m gonna build on a new one next week and I need to start getting it out and I have to go to YouTube university for a while and then I also have people in the manufacturing industry. This is my first foray into entrepreneurship. I am 58 years old.

[donnierice]

This video was exactly what I was looking for! Thank you!

[sravs]

Thank you for making valuable information picture clear

[shakeswell]

I have a product idea and your video was extremely helpful and informative, Thank You!

[willwahlberg]

This is a very clear video! Thank you! I just have one question. How can you protect your idea? Will you necessarily need to patent it?

[alyssa]

Love the manifestation piece at the end!!! QUEEN :D

[shrinidhialva]

These Information is good for small business owners

[maxcecco.official]

Great video Michelle :) You are very good at teaching and I like the sequence you used to explain this topic. Great job!

[rustedpine]

This is well put together, well ahead of the basics, most of these concepts are ahead of me, after some groundwork I'm confident I can come back and learn quite a bit, but for a beginner this seems to be a mix of intermediate to advanced advice, for someone who knows nothing, I'll need to complete some homework to come back and watch this again, thanks for the knowledge!

[FareenaKhalid-lm]

It was really helpful! Thank you for sharing!

[Heem]

do you guys think y'all can make a video all about prototyping pls