Product Development Flashcards
Describe concept generation
It is the first stage of product development and it is important for generating new ideas and finding a gap in the market
Describe concept screening
It is the second stage of product development. The ideas get screened. Only the best ideas get taken forward.
Describe prototype production
It is the third stage of product development. The prototype is developed. The prototype is tested and may be further modified.
Describe product testing
It is the fourth stage of product development. It helps to obtain more opinions and make more suitable and popular.
Describe first production run
It is the fifth stage of product development. Production of the actual item for the first time. Tests product to make sure quality is of a high standard.
Describe marketing plan
It is the sixth stage of product development. Allows a range of activities to be carried out to promote the product.
Describe product launch
It is the seventh stage of product development. The item is now on sale. Sales figures will be checked very carefully.
Name the 7 stages of product development in order
Concept generation.
Concept screening.
Prototype production.
Product testing.
First production run.
Marketing plan.
Product launch.
State the types of sensory testing.
Ratings test.
Rankings test.
Paired comparison test.
Profiling test.