New Product Development Strategy
To minimize risk and ensure the program delivers its planned benefits, set measurable goals and review progress at each stage of development, from generating ideas, through technical and commercial assessment to detailed development and launch.
The product development strategy must encompass all the issues of offering something new to the market, from testing ideas to financing marketing for new target audiences. This process carries some risks, which you can weigh against the benefits. If you keep your risk/reward analysis in mind while creating your new product development strategy, you will have a more realistic picture of your new venture.
What We do?
Our Product Development team helps our clients organise their product planning and research, capture their customers’ views and expectations, and accurately plan and resource their product development project. We plan an accurate description of your product that leads to keeping our team focused and avoid its pitfalls ensuring smooth introduction of your product to market.
Key Benefits of the Service
The following points list how manufacturers can directly benefit from product development activities:
- Innovate to develop new products or product variants, to beat competition in regional, national and global markets.
- Deliver more innovative products to customers, better meeting their needs, through improved functionality, customisation and interpersonal services.
- Respond quickly and produce niche products where there are few or no competitors.
- Stay one step ahead of the competition.
- Take advantage of new technology improvements.
- Respond to market changes, such as customer preferences or new legislation.
Our following sales channel helps you expand your reach and grow:
- B2B Freelance Portals
- Social Media Campaign
- Email Campaigns
- Web Research
- Search Engine Optimization
Clients often contact us, when they have to deliver a high quality product/solution having stringent timelines with the project stuck in a deadlock due to time & money constraints. We help them by providing virtual employees on demand having the required skills and domain expertise. As a result, the project cost & timelines remain in check & organisational efficiency is maintained by scaling up or down the on demand resources as per the project needs.
We ensure marketing investments are generating highest returns and reinforcing the brand positioning; and build a loyal customer base through branding that cultivates a strong, trusted image.
“I would like to thank your team for deploying this project for such high standards. It was a pleasure working with you all.”
Mark Joseph -Vodafone,UK
“OnDemand Employee is professional, friendly, efficient and pays attention to details and is always there to assist”
Smith Tyler-Sly Slope,USA