What factors should you consider when scaling and commercializing your innovative product?

A common mistake is to scale a new innovation too fast, or to scale it because you and your team think it's a great idea. Understand that finding product market fit is a series of experiments and iterations while talking to and actively listening to your users. They will tell you if your product solves a significant pain point for them and whether they will use it. Only when you are confident you are getting that "pull" from your customers rather than you "pushing" them to use your product should you think about scaling up. The faster you can go through this learning process, the better. Talk to customers and make changes as quickly as you can. Don't be afraid to let the product evolve. Build something people love, then scale.

?? Personally, I believe that refining market fit goes beyond initial validations. ?? Segmentation Precision After identifying a broad market interest, delve into the nuances of customer segmentation to tailor your product effectively. ?? Demand Dynamics Understand the elasticity of demand for your product to anticipate how volume may change with price adjustments or economic shifts. ?? Feedback Loop Integration Establish continuous mechanisms to incorporate customer feedback into product development, ensuring market fit remains strong. ?? In conclusion, market fit is a moving target that requires ongoing attention as you scale and commercialize your innovative product.

Market fit is critical to success of any innovation. Today many innovations are based on sound science, but that is not enough especially if an innovations is too far ahead of its time. Further, a critical part of USP is the organoleptic quality of the CGP.

In most cases, Individual is easy to be narrow minded or less cutting-edge, Nevertheless, if he/she sticks to the thought 'My product is the best', it is dangerouse mind. there are so many smilar product already. If your product is the only one, then people will pass by. creation and marketing are equally important.

In my experience, setting the “gold standard” of product quality is essential during scale up and commercialization. Developing an understanding of critical product attributes, and the optimal range for each of these, will give you confidence in how well you are maintaining your product quality and acceptability. This is true for aspects such as: physical properties (color, viscosity, additional theological parameters and composition), chemical properties (moisture, acidity/ pH, enzymes/proteins). Lastly, sensory attributes will need to be evaluated often during scale-up, in order to ensure process steps and volume of product are not adversely modifying your finished product.

To successfully scale and commercialize an innovative product, take into account: market validation, make sure there is a demand; production capacity, be ready to produce in volume; regulatory compliance, adhere to current standards; pricing strategy, determine the right price; logistics, optimize distribution; intellectual property protection, secure your innovations; and sales force, have a team that knows how to persuade.

Accepting technical risk in todays’s fast paced environment can be a key to success provided u have established a Viable USP. Embracing and managing risk requires strong leadership and communication skills as many co-workers get uncomfortable with risk. Building a risk tolerant team requires a clearly articulated risk mgt strategy

Success in Scaling starts well before scaling. You need to have what I call "Contextuality" on top of Desirability, Feasibility and Viability. The former comprises what you need to do to work in the corporate context (neglected by most validation frameworks). Starts with finding "meaningful search fields" and selecting "meaningful ideas" from these areas. Then: Validating in corporate context, e.g., by aligning with functional strategies. Then: Transition to Scaling-Up. A transitional stage between validation and scaling in which the collaboration model Core/scaleup is defined and operationalized, among other things. Finally, leveraging corporate assets and capabilities (as per collaboration model) to de-risk and accelerate.

It's a complex world where scam and innovation mixed all around. Elaborate marketing with well described story makes a faux/scam innovative startup. Even more, people like this format. People don't behave by the truth but by the sense.