New Product Development Process with Dylan Porter

New Product Development Process with Dylan Porter

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

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The video tutorial covers the product development strategy, focusing on prototyping, MVP, market testing, and commercialization. It explains prototyping as an iterative process to refine a product based on feedback. The concept of a Minimum Viable Product (MVP) is introduced to minimize costs and gather early user feedback. Various methods for creating prototypes are discussed, including DIY, outsourcing, and using CAD for 3D printing. The market testing phase evaluates product performance and customer response, while the final commercialization phase involves launching the product with a solid marketing strategy.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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