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Product Development

I need help with the following scenario. Generate an idea for a new product. Identify and discuss what type of product it is and what the manufacturing process would be. Identify and discuss the target market. Then add one service that would keep your product ahead of the competition. This will give me help on how to create my product.

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The following will assist you with your studies in implementing a new product. I have invented a new product, discussed the type of product and manufacturing process, identified and discussed the target market and added one service that would keep the product ahead of the competition.

I am the original author of the following.

Generate an idea for a new product:

Let's be the manufacturers of the "Fanky." This product is a new portable fan that when folded is the size of a "hanky" as in handkerchief. With global warming increasing each year, the need for such product to cool of society is needed. The initial design has been drawn up and the patent is pending.

Identify and discuss what type of product it is and what the manufacturing process would be:

This product is a comfort product for all consumers due to its soft design.

The design of the Fanky is a soft foam design. The dimensions of the Fanky will be, when folded, 1 ½" width by 3" length by 1/2" depth. This design is similar to a folded handkerchief.

The components of the Fanky are simple. ...

Solution Summary

The solution generates a new product and identifies and discusses what type of product it is and what the manufacturing process would be. Identify and discuss the target market. Then add one service that would keep your product ahead of the competition.

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