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This PPT presentation incorporates 65 slides. Users can easily customize presentation designs as all of these are 100 % editable in PowerPoint. This presentation is compatible with Google Slides. All PPT slides can be seen in both standard and widescreen formats. Instant download.The stages in this process are market opportunity, product management, brand management, process management.

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Content of this Powerpoint Presentation

Since time immemorial, the surest way to grab eyeballs and make an impression has been to give the end-user novelty and a fresh perspective. With this as the foundation, we open this blog on the new product development process. According to studies, idea generation needs to consider novelty as the first factor before moving on to other relevant sources, such as technology, utility, and the like.

The $500 billion industry around the new product development process also has global consultants vying for the pie. For instance, it was an idea that turned the internet from a classified US Navy Seals project into a commodity that is as essential and necessary to lives as electricity and running water.

Get a hang of one-year product development schedule with this product template from SlideTeam.

At SlideTeam, we have turned this exercise of designing a new product development process into convenient, well-researched, and balanced PPT Slides. Businesses’ pain point of having to make these slides from scratch and think about the process is resolved with this one wonderful product of our own.

The content is expert-curated, the slides are clutter-free, and the support is unparalleled for the top brass. Each template is also 100% editable and customizable, offering structure and a starting point for presenting before the stakeholders.

A product development roadmap timeline across four quarters is essential for businesses to see how it unfolds.

Let’s explore!

Template 1 Product Development Process

In eight steps, this PPT Template draws up the stages in the product development process that function like elimination rounds in a knock-out lawn tennis grand slam. If any NO and the product is not developed, it would require passing, with excellent grades, the same steps again. The first four steps, in order, are idea generation, idea screening, concept development, testing, and marketing strategy development. The later steps include business development, product development, market testing, and commercialization. The PowerPoint Slide Template includes questions that signal the real meaning of the process.

Template 2 Gather Ideas for New Product

If you aim to create and gather ideas for new products, then this template is for you. The attractive design, in the form of a bulb with icons inserted, showcases how ideas are derived. The three major sources of idea generation, as depicted in the PowerPoint Slide through icons, are research, collaboration with others in the field, and proper use of technology to ensure no new idea escapes during the discussion.

Template 3 Sources for Idea Generation

If you want to create a reliable, credible, and investment-worthy idea, consulting suitable sources is essential. This PPT Template takes you through a deep dive into the six primary sources of ideas for your business. These are customers, scientific research, competitors, miscellaneous sources, dealers and representatives, and top management. SlideTeam’s wheel-type format makes it an attractive way to list out the sources for idea generation. Having these sources refreshed is critical to business existence and continued profitability.

Template 4 SWOT Analysis of Product Development Idea

In product development, an analysis of Strengths, Weaknesses, Opportunities, and Threats (SWOT) is essential actually to determine if the idea is investable. In doing this, the key idea is to understand the merits of the idea and the conditions under which it will fail for product development. The PPT Slide is a convenient way to conduct a SWOT of the idea.

Template 5 Market Trends

This top-notch PowerPoint Template is for the top management to understand the importance of market trends in the product development process. This content-ready PowerPoint Slide showcases at least five market trends that similar products such as yours are already experiencing in the product. It could be the demand for new designs, better functionality, challenges in customer behavior, and so on. You can also represent these trends in the form of numbers through a barometer in the clutter-free design.

Template 6 Consumer Trends

Use this prebuilt color-coded pie-chart PowerPoint Template to set right the process of making sense of consumer trends in terms of quarter-on-quarter. The idea is to take note of consumer trends in the process of planning, implementing, and monitoring your organization’s product development activities. Get this well-crafted PowerPoint Slide to ensure that new product development becomes a way to ensure continued innovation and newer revenue streams.

Template 7 Research and Development Process

Use this predesigned PPT Template to streamline the research and development process for idea generation. Create a professional.

A flowchart that guides the process in this template. This PowerPoint slide lists the steps for generating and refining ideas for applied research, development, and innovation to scaling up. Use this actionable PowerPoint Template to exhibit these tasks and milestones that must be part of the research and development in idea generation.

Template 8 Opportunity Analysis

This is a ready-made PowerPoint Template exhibiting your take on opportunity analysis related to product development. This PPT Slide comprises segments highlighting where your chances of success lie. The variables highlighted are the 5Cs of customers, competitors, company, collaborators, and context. You can also use this slide to give a brief opportunity analysis summary to your stakeholders and clients.

Template 9 Idea Screening Funnel

This is a predesigned PowerPoint Template to help you draw up and design an idea screening funnel to educate and train your team on the screening of ideas and how each contributes to the more significant financial effect of the idea. The screening, as is bound to be the case, drastically reduces the number of available ideas that can be worked upon. The screening happens on the four parameters of opportunity: strategic strength of the idea, feasibility, and financial effect.

Template 10 Competitive Pressure for Product Idea in Idea Screening

Are you looking for ways to enhance the longevity of your idea, even in the light of competitive pressures? Deploy this ready-made PowerPoint Template to ensure that, at any point, your product development team is aware of the four significant factors that influence its work. These four forces are potential new entrants, buyers, potential substitutes, and suppliers. The slide is a comprehensive analysis of the forces at play in this idea-screening gameplay. This predesigned PowerPoint Slide showcases all these domains in the product development process that play a pivotal role in ensuring your business is always a step ahead of the market. Grab this ready-to-use PowerPoint Template to outline strategies and processes to strengthen your product development process. Download now!

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NEW PRODUCT DEVELOPMENT WORKS!

In the world of business, real innovation comes along once in 50 years, if at all. It is the incremental product development that makes a real difference and keeps customers and investors interested for the time being. For instance, cars have been around for 100 years, but electric vehicles and driverless cars are innovations that have come about only now.  At SlideTeam, we help businesses like yours master these little tweaks that make your product stand out for functionality, brand status, and use case. Use our templates to make a mark now!

PS Understand and use this innovative iterative process product development in three phases with its download from here.

FAQs

The New Product Development Process is a series of steps companies follow to create and introduce new products. The process includes idea generation, concept development and testing, marketing strategy development, business analysis, product development, market testing, and commercialization.

The sources for idea generation can come from various areas, including top management, customers, scientific research, competitors, dealers, representatives, and multiple sources.

Idea screening is crucial in the New Product Development Process. It involves evaluating new product ideas to determine if they are compatible with company objectives, strategies, and resources. The process ensures that only viable arguments progress to the development stage, saving time and resources.

There are several testing tools used in the concept testing phase, including focus group discussions, in-depth interviews, intercept interviews, self-administered questionnaires, conjoint analysis, and choice modeling.

Opportunity analysis is a process used to identify potential new opportunities for a product or service. It involves assessing various factors, such as customer value and satisfaction, competitors, company strengths and weaknesses, collaborators, and contextual factors, like political, legal, economic, and social trends. Opportunity analysis is vital because it can help a company identify untapped markets, emerging trends, and new growth opportunities.

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