ProductVision
Scope 
  • Oversee the new product development process from ideation to commercialization. 
  • Gain launch approval to a business proposition that identifies specific new product opportunities. 
Process 
  • Identify success factors for market entry into a highly competitive business. 
  • Analyze market trends, key competitor activities, consumer habits and practices, need gaps, and segmentation opportunities.
  • Approve an 18-month critical analysis to implement a rigorous new product development process. 
Deliverables
  • New Product Development Process adopted and implemented. 
  • Generation of a qualified list of new product ideas. 
  • Assessment and plan for creating an action team to implement all phases of the New Product Development process.
Results
  • Top management agrees to a business development plan. 
  • A creative team is assembled to develop new advertising. 
  • New product concepts are prepared and readied for market research testing and evaluation.
  • InnaVision delivers Innovation and Vision to your New Product Development Process
Innovation
  • Viable New Product Development process becomes part of your marketing strategy and approach.
  • New product concepts can achieve "speed-to-market" status. 
  • Core management team can be assembled to implement New Product Development process. Key "do's and don'ts" of product launches identified and communicated. 
Vision 
  • Successful new product launches lead to increased market share on critical brands. 
  • New products will exhibit "product plus" and show strong sales and profitability. 
  • Breakthrough products allow you to beat the competition to market. 
Representative ProductVision Engagement 
  • New Product Development engagement for a global consumer packaged-goods company. 
Scope and Objectives
  • Direct the development of a new consumer products range of products for introduction into South Africa given the following objectives: 
  • Oversee the new product development process from ideation to commercialization. 
  • Gain launch approval to a Business Proposition that identifies specific new product opportunities over the next 6 years. 
Process
Consulting contributions focused on: 
  • Assembling worldwide success factors for entry into a highly competitive business category. 
  • Approval of an 18-month critical path analysis that required a rigorous new product development process. 
  • Competitor analyses that identified vulnerabilities and strengths as well as anticipated strategic responses. 
  • Analysis of market trends, consumer habits and practices, need gaps and segmentation opportunities.


Project duration

  • 6 months 
Results 
Top management agreed to the 18-month business development plan. An Advertising Agency was selected and a senior manager hired to lead the team. Over 15 new product concepts were prepared and readied for market research testing/evaluation. 

InnaVision Global Marketing Consultants

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