New product development for Mobile phone
Amberhill Associates are passionate about New Product Development. We have over 20 years experience developing new products. Our key strengths in new product development Project management will ensure that your key product is delivered on cost, on time every time.
New Product Development (or NPD) is critical to the success of most businesses, particularly those in the hi-technology and consumer electronics industry with their short product lifecycles and rapid turnover of new models. The mobile phone industry is a perfect example where new models have a lifecycle of less than 6 months.
A typical New Product Development process takes the form shown below based on the ISO9001 process. Key stages are:-
•Ideas Generation (or identifying Customer Needs)
• Testing & Verification
With over 20 years experience of New Product Development in the consumer electronics industry we can support you at every stage of the NPD process:-
1) At the ‘fuzzy front end’ of the process we can help you identify New Product Development Opportunities by guiding your ideas Generation process using such techniques as ‘Brainstorming’ and ‘SWOT Analysis’ (Strengths, Weaknesses, Opportunities, & Threats’ )
2) We can help you with the ideas screening process by looking at your SAM (serviceable & Accessible Markets) and identifying your PSAM ( Profitable SAM) by analyzing Industry sales and trends, Competitor Analysis and Pricing models.
3) We will also assess the technical feasibility of your product and its manufacturability capability.
4) We will generate a Business Plan which incorporates all of this information and will allow you to model changes in product price, manufacturing cost, product volume etc. This will enable you to predict Gross Margin % and ROI (Return on Investment).
5) We will help you access Government funding for Research & Development. Depending on the size of your business, your location, the scope of your project and other factors a whole range of Government funding is available from several thousand to half a million pounds. As a client of projectsguru.co.uk we will guide you through the application process and help you to access valuable Government funds which are waiting for your application and which will help you bring your New Product Development to market.
You might also like
Konstant Infosolutions launches revamped blog — WhaTech
Konstant Infosolutions is a leading web and mobile solutions provider with certifications and awards from several leading research as one of the top mobile app development firms in India.
What mobile app development companies are based in Chicago?
I completely agree with Brett... The best way to find the right development resource is to get a referral from someone you trust. But if you don't know anyone in the region, that can be tricky.
There are a growing number of mobile app development shops in