Learning is key to s... • 1y
Yesterday we learnt about the IMPORTANT 4p's Let's learn about the "PRODUCT" in detail 1.Product can be physical or a service (Tangible or intangible) 2.Product is the most important element of business...Product decides success or failure of the business on a large scale 3.Product can be designed after a problem triggers you or your product can be a development in the existing products present in the market. Now let's understand how a new product (innovation or development) can be made. New product can be designed after you face a particular problem and you try to solve that problem for other people as well or you can provide a service which you feel is lacking in the market or daily life.DESIGNING A PROUCT IS A PROCESS. You can design a product by identifying a problem in day to day life & find a solution for it.You can find innovative solutions to solve the inefficiencies of the customers in the market We would learn about product life cycle tomorrow Do follow me !!! Do you want
Hey I am on Medial • 1y
Hello Medial Community! So, I am Product person and want to try out new things. I want you to drop a Assignment for me regarding you Startup. It can be any problem or product growth related somthing or anything arround the Product. Product here is
See MoreLet’s create somethi... • 1m
If you are trying to validate your idea for any sort of business, trust me you will never get 100% surety. Sometime you create a need in the market (if you have that sort of product and budget to publicise) or understand the burning problem and build
See MoreHey I am on Medial • 11m
How important is a problem statement? If you can deliver a better product than the competition ,if it's quicker delivery or cheaper prices. Will it be a issue if there is not a huge problem? For example in the fashion industry if delivery speed is n
See More"Built. Sold. Repeat... • 4m
"The Clear Roadmap for How to Start a Startup." •Identify a Problem: Find a real-world problem or unmet need to solve. •Validate the Idea: Conduct market research and gather feedback from potential customers. •Create a Business Plan: Outline your
See MoreDownload the medial app to read full posts, comements and news.