What's the best way to manage product development from idea to launch?
Product development is the process of creating new or improved products that solve customer problems, meet market needs, and generate value for your business. It can be challenging, risky, and rewarding, but how do you manage it effectively from idea to launch? Here are some best practices to help you plan, execute, and deliver successful product innovations.
-
Deeply understand your customer:Begin by identifying and validating the problem you aim to solve. Use methods like surveys and interviews to gather insights, ensuring your product meets real needs.### *Launch quickly at 90%:Get your product to market when it's 90% ready. This allows you to save time, gain early profits, and collect valuable feedback for future improvements.