The Art of Quality Consulting   POWER PRESENTATION                NEW                PRODUCT                DEVELOPMENT   ...
Product Development Process                        Overview      To produce commercialization success you need to…        ...
Our Success System can…            Identify and build out your            market niche revenue            opportunity     ...
For example…
Professional Production Planning        Our New Product Development Specialists will get you the best quotes from         ...
Accountable Consulting DeliverablesOur commercialization clients receive customized new product or service development pla...
YOUR PRODUCT
To create HIGH revenues fast, you need a…COMMERCIALIZATION SUCCESS STRATEGY PLAN                                          ...
CONSIDERATIONS     You think you can skip these steps…?                Wrong Thought !     Why do you think that the Small...
Our New Product Development Success           Process will enable you to…• Think entrepreneurial in the right way• underst...
With our Success System  you will be able to…         – Design a successful prototype         – Get successful Beta testin...
This will create a lot of necessary                      POSITIVE EFFECTS              for your commercialization project•...
GET YOUR         NEW PRODUCT DEVELOPMENT          SUCCESS STRATEGY NOW !                   The Art of Quality Consulting…a...
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New product development success

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New product development success

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New product development success

  1. 1. The Art of Quality Consulting POWER PRESENTATION NEW PRODUCT DEVELOPMENT KEYS TO SUCCESS
  2. 2. Product Development Process Overview To produce commercialization success you need to… • Understand the key principles of Analysis and Design • Identify your product’s or service technical needs • Analyze the rationale for your product’s/service existence • Manage regulatory issues • Understand the dynamics of turning your idea into a business • Protect your intellectual property assets • Ask yourself - Does the product/service make financial sense?• Optimize your service or manufacturing process to enhance your profits
  3. 3. Our Success System can… Identify and build out your market niche revenue opportunity Develop and document your Go-to-Market Success Strategy Prepare a budget and develop smart ways to finance your project Develop a Launch Sequence Plan for you Support you and implement the Launch Plan with you
  4. 4. For example…
  5. 5. Professional Production Planning Our New Product Development Specialists will get you the best quotes from manufacturer for your product development – USA or Overseas ! We provide professional calculations for manufacturing…Tooling Costs and Lead TimeCost for machinery installation and the amount of time it takes for the factory to switch fromproducing other product s to producing yours. This is based on their production schedules.MOQ – Minimum Order QuantityThe lowest number of product you can order from a factory at any given time. This number isdetermined by the factory and typically is based on their setup costs.Unit CostsCost for the manufacturing, assembly and packaging of units This cost may be composed of thefollowing aspects: – Part Cost – cost of material and time required to make an individual part – Packaging Cost – cost for materials and preparation of packaging – Labor Cost – cost of a factory worker to perform manufacturing actions – Overhead Cost – cost the factory incurs for producing your product.FOB – Freight On Board – describes where the product will be placed for pickup.
  6. 6. Accountable Consulting DeliverablesOur commercialization clients receive customized new product or service development planning.The following list represent a typical contractual consulting deliverables list, which is usually partof our consulting agreements to develop a suitable small business commercialization set up:- Customized Production Launch Plan Development- Trade Secret with Patent and Trademark Development- 2D Drawing and Product Prototype Management- First Production to Market Readiness Management (USA or overseas)- Sales & Marketing text content collateral support- Website Development support- Brochure / PR Collateral Design Development support for flexible Press Kit- Direct Mail Campaign Development support- Customer Relationship Management with Email Marketing System Set-Up- Inventory Control System Set up and support- Financial Control System Set-up and support- Manufacturing /Producer Business Success Strategy Plan development- Business Growth and Exit Strategy Planning Customized New Product & Commercialization Development Planning for your Go-to-Market Success !
  7. 7. YOUR PRODUCT
  8. 8. To create HIGH revenues fast, you need a…COMMERCIALIZATION SUCCESS STRATEGY PLAN Table Of Contents 1. Purpose..............................................................................................................................3 2. Goals and Objectives.........................................................................................................3 3. Industry..............................................................................................................................3 3.1. Public Safety Market Segments and Size...................................................... .............3 3.2. Opportunities..............................................................................................................4 3.3. Threats........................................................................................................................4 3.4. Market Drivers............................................................................................................4 4. Marketing Strategies............................................................................................. ............4 4.1. Target Market..............................................................................................................4 4.2. Positioning....................................................................................................................4 4.3. Product Strategy..........................................................................................................4 4.4. Pricing Strategy...........................................................................................................5 4.5. Advertising Strategy....................................................................................................6 4.6. Promotion Strategy......................................................................................................6 4.7. Distribution Strategy...................................................................................................6 4.8. Product Support Strategy............................................................................................6 5. Customer Programs by Sales Cycle….................................................................................6 5.1. Create Awareness and Lead Generation......................................................................7 5.2. Produce Interest and Product Trials...........................................................................7 5.3. Produce Sales..............................................................................................................8 5.4. Customer Satisfaction..................................................................................................9 6. Monitoring and Control.........................................................................................................9
  9. 9. CONSIDERATIONS You think you can skip these steps…? Wrong Thought ! Why do you think that the Small Business Administration (SBA) reports over 80% of all small businesses not surviving to year five ?Exactly – because of the lack of solid and success proven new product development planning ! Don’t become a sad statistic… get professional planning now !
  10. 10. Our New Product Development Success Process will enable you to…• Think entrepreneurial in the right way• understand the difference between a good idea and an opportunity• protect your intellectual property• evaluate the real-world potential for your new innovation, device, or product• get a stellar business plan that fast-tracks progress• identify the right investors for raising capital – you will learn the rules of the game for ALL TIMES !• make the right marketing and distribution decisions• learn fast how to leverage necessary “MBA skills” like successful deal-making, valuation, negotiation & communication strategies
  11. 11. With our Success System you will be able to… – Design a successful prototype – Get successful Beta testing results – Get your product/service to a point where it is market-ready – Get customers to purchase your product/service – Secure valuable partnerships – Reach your revenue milestones faster
  12. 12. This will create a lot of necessary POSITIVE EFFECTS for your commercialization project• You get defined your correct market potential & opportunity• You identify and solve upfront risks, problems and trade-offs• You can guide operations and manage growth successfully• You will be able to consider every facet of your market• You have documented funding decisions• You force critical success thinking about your strategy• You can challenge market relevant important assumptions• You will be able to examine alternative strategies• You can define required personnel and resources required• You can clarify your goals and Go-to-Market risks
  13. 13. GET YOUR NEW PRODUCT DEVELOPMENT SUCCESS STRATEGY NOW ! The Art of Quality Consulting…a Brand of Technology Applications International LLC. Orlando, FL, USA 5635 Commerce Drive, Orlando, 32839 Phone: 407-342-8458 - Fax: 407-442-3016 email: info@theartofquality.com website: http://www.theartofquality.com

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