Idea Outline/Purpose Target user Initial Sketches Models
Phase 2
Research
Problem Definition Product Solution Demand Analysis Audience Reach Analysis Preliminary Market Research Competitor Research Initial Patent Search Intellectual Property Definition Manufacturing Strategy Business Plan
Phase 3
Product Development
Product Roadmap Timeline Recycling/Environmental Impact Analysis Reliability Analysis Financial Model Development: Startup, Manufacturing, Retail and Profitability. Bill of Materials Materials and Methods of Production Regulations Shelf Life
Final Engineering Sourcing 10X Unit Production (for Manufacturing and Marketing, initial testing) 100X Unit Production (For Testing) Manufacturing Outreach Manufacturing Costing/ BOM Development
Phase 6
Feedback & Testing
External Beta Testing Feedback Results Design/Engineering Revisions Brand Development Phase 8: Manufacturing Production Forecast Manufacturing Contracts Distribution/Logistics/Warehousing Contacts CNC Mold(s) Cut. Shipped. Material Acquisition Assembly Packaging