Product design is the process of creating a new product from an idea and transforming it into reality. It involves key steps such as idea generation, concept screening, concept testing, in-depth analysis, prototype development, and commercialization. The objectives of product design are to meet customer requirements, ensure company growth, utilize excess capacity and funds, and increase market share. Principles for good product design include functionality, reliability, quality, standardization, maintainability, and cost-effectiveness. The product life cycle consists of introduction, growth, maturity, and decline stages. Coca-Cola was invented in 1886 as a medicine for headaches through experimentation and iterations to develop the right taste and formula.
Product design is the process of creating a new product from an idea and transforming it into reality. It involves key steps such as idea generation, concept screening, concept testing, in-depth analysis, prototype development, and commercialization. The objectives of product design are to meet customer requirements, ensure company growth, utilize excess capacity and funds, and increase market share. Principles for good product design include functionality, reliability, quality, standardization, maintainability, and cost-effectiveness. The product life cycle consists of introduction, growth, maturity, and decline stages. Coca-Cola was invented in 1886 as a medicine for headaches through experimentation and iterations to develop the right taste and formula.
Product design is the process of creating a new product from an idea and transforming it into reality. It involves key steps such as idea generation, concept screening, concept testing, in-depth analysis, prototype development, and commercialization. The objectives of product design are to meet customer requirements, ensure company growth, utilize excess capacity and funds, and increase market share. Principles for good product design include functionality, reliability, quality, standardization, maintainability, and cost-effectiveness. The product life cycle consists of introduction, growth, maturity, and decline stages. Coca-Cola was invented in 1886 as a medicine for headaches through experimentation and iterations to develop the right taste and formula.
Product Design is the process of creating a new product from an idea and transforming it into reality. It is the generation of an effective and efficient ideas to solve a problem and converting them into a form suitable for mass utilization. Factors affecting Product Design Key Steps in Product Design 1. Idea Generation • Customer’s Input • Brainstorming Sessions • Surveys • Competition • Research and Development team 2. Concept Screening • Is there a real need for the idea generated?
• Can the idea be fully developed?
• Is the idea profitable enough for
development? 3. Concept Testing • The main goal of this step is to measure the consumers response to the product.
• Before investing further into the product ,
it should be made clear that the buyers are interested. 4. In-depth analysis • Detailed list of features, benefits and USP’s. • Modelling and analysis using CAD software's. • Resource Requirement for manufacturing. • Summary of competitors ,marketing strategies and pricing. 5. Prototype Development • Prospective buyers are shown the prototype and asked about their views on the product. • Likes and Evaluation of the product are done. Also suggestions on improvement are taken. 6. Commercialization • The product is manufactured in a large scale and is launched fully. Objectives of Product Design • To meet the existing as well as new requirements of the customers. • To ensure the growth of the organization. • To utilize the surplus capacity of the organizations. • To utilize the surplus funds of the organization. • To increase the company’s market share and to target new market segments. • To ensure complete product range in the company’s portfolio. Principles for a good product design • Functionality: The product must fulfil the intended function. • Reliability: The product must be useful of the indented period of time. • Quality: The product must satisfy the expected requirements. • Standardization: The product must be designed according to the regional and international standards. • Maintainability: The product must perform for a designated period of time under minimum and defined maintenance. • Cost effectiveness: The product must be manufactured in the most cost effective way. • Productivity: The product must be produced with a bare minimum of materials and cost and should have a designated quality. Product Life Cycle Different stages • Introduction Stage: This stage marks the introduction of the product into the market. It may be an old or new product. The demand is low as customers do not know much about the product. • Growth Stage: Once the product passes the introduction stage, the sales starts increasing because of acceptability of the product by the customer. • Maturity: The sales growth reaches a point above which it will not increase. • Decline: The competitors will enter the market with better product features, advanced technology and reduced prices. This is a threat to the existing product and the sales start declining. Product Design Case study- Coca-Cola John S Pemberton invented Coca-Cola on May 8,1886.It was a medicine for Headaches that wound up being a beverage sensation.
Steps involved are:-
• Defining the problem: John tried to create a medicine for headaches. • Brainstorm possible solutions: He started experimenting with different chemicals .He also started experimenting with syrups , water and carbonated water. • Research: He got his friend Frank Robinson to help him experiment with chemicals and come in with an idea for the name. • Specify Constraints: Science in 1880’s was not as developed as today for Iterative experimentation . So he decided to make a product that acts as a medicine for headaches and also it would not affect the health of the user’s in any other way. • Selecting an Approach: He decided the way in which he wanted to make the product as well as the distribution approach. • Developing a written design proposal: He wrote down recipes and formulas for his product. • Prototyping: He made several versions to experiment with and taste. • Improvement: Once he got the taste right, he started making it better and work better as well. • Commercialization: He made the finished version of the product. • Marketing: He put an ad in the newspaper and He hired people to walk around and advertise his product.