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Identifying Winning Products	 To improve investment outcomes Enterprise Angels (BOP)
Outline An Introduction Identifying Winning Products Ingredients Conclusion
Locus Research – an introduction Our core business is developing products and bringing them to market. We do this by integrating the functions of: Product/service creation and development; Brand creation & graphic communication; Sustainable product development & life cycle thinking; Project management, product commercialisation & business development.
The Ingredients of Success What things make up a winning product? ,[object Object]
Testing, Standards & Compliance;
Product Sustainability & Environmental Risk;
Sales & Distribution Channels;
Product Brand & Marketing;
Business potential & Intellectual Property.,[object Object]
Research Pyramid
Research for Product Development ,[object Object]
Is there a technical/measurable requirements list?
Is there a customer requirements list?
Has there been a Freedom to Operate search around the key areas?
Has manufacturing materials and processes been investigated?
Is there Competing product review?,[object Object]

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Identifying Winning Products

Notas del editor

  1. There are a range of things which make up a winning product, these range widely and some have a direct impact whilst others have an indirect impact.
  2. Research underpins a product development programme. It helps to define where the ideas came from and provide a clear illustration of the projects direction and intent.It provides an excellent insight into what the person/organisation are like: gung ho? Organised?A research platform provides a secure basis for the creation, protection and defence of IP. It provides a chain of custody and a coherent rationale about the problems and the downstream solutions.
  3. There are very few ideas out there that don't require a lot of work to realise. Even the simplest product requires a huge effort to productionise to enable thousands of products to be made. This diagram illustrates the basic principle that to achieve a greater degree of change it takes a greater research base and in turn has a direct influence on project scope.