Stoke Ventures is a product development company turning ideas into marketable products. Check out this presentation and learn about the product development process.
3. 1. Market
Research
Before we get into the physical development of
your product, we first have to understand its
market fit. During the first phase of product
launch, we will analyze the following.
Does your product solve a problem?
How many people are buying similar products?
Competitive/Comparative product analysis
Does your product solve a problem people are asking
for?
4. 2. Product
Development
Once we have a clear understanding of where your
product fits in the market, the product development
process officially starts. This is the phase which takes
your product from an idea into a fully functional
prototype that can be used for testing and
demonstration purposes.
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5. 3. Manufacturing
After we have a final design we can put
together manufacturing drawings and
identify the appropriate manufacturing
processes for each part.
6. 4. Marketing
and Sales
Finally the product is ready to be
introduced to the market. We guide you to
make your first sale and define duties and
targets of the product.