New product development ppt

Here is a sample PPT on New Product Development:

Slide 1: Title Slide

• Title: New Product Development
• Subtitle: A Step-by-Step Guide
• Image: A relevant image, such as a product prototype or a team brainstorming session

Slide 2: Introduction

• Definition of New Product Development (NPD)
• Importance of NPD in business
• Brief overview of the presentation

Slide 3: NPD Process

• Overview of the NPD process:
  1. Idea Generation
  2. Idea Screening
  3. Concept Development
  4. Business Case Development
  5. Testing and Refining
  6. Launch and Post-Launch Evaluation
• Image: A flowchart or diagram illustrating the NPD process

Slide 4: Idea Generation

• Techniques for generating new product ideas:
  • Brainstorming
  • Mind Mapping
  • SCAMPER (Substitute, Combine, Adapt, Modify, Put to Another Use, Eliminate, and Rearrange)
  • Customer Feedback
• Image: A brainstorming session or a mind map

Slide 5: Idea Screening

• Criteria for evaluating new product ideas:
  • Market demand
  • Competitive advantage
  • Technical feasibility
  • Financial viability
  • Strategic alignment
• Image: A table or chart illustrating the idea screening process

Slide 6: Concept Development

• Steps in concept development:
  • Define the product concept
  • Identify key features and benefits
  • Develop a product prototype
  • Conduct user testing and feedback
• Image: A product prototype or a user testing session

Slide 7: Business Case Development

• Steps in business case development:
  • Estimate revenue and profit projections
  • Identify key resources and costs
  • Develop a marketing and sales strategy
  • Identify potential risks and mitigation strategies
• Image: A financial chart or graph illustrating the business case

Slide 8: Testing and Refining

• Types of testing:
  • Alpha testing
  • Beta testing
  • User testing
  • Focus groups
• Steps in refining the product:
  • Gather feedback and data
  • Identify areas for improvement
  • Refine the product and re-test
• Image: A testing session or a product prototype

Slide 9: Launch and Post-Launch Evaluation

• Steps in launching the product:
  • Develop a launch plan
  • Execute the launch plan
  • Monitor and evaluate the product's performance
• Image: A product launch event or a sales chart

Slide 10: Conclusion

• Summary of the NPD process
• Importance of NPD in business
• Final thoughts and recommendations

Slide 11: References

• List of sources used in the presentation

Slide 12: Additional Resources

• List of additional resources, such as books, articles, or websites, for further learning and reference.

Note: You can add more slides or elaborate on these slides as per your requirement. Also, you can use images, charts, graphs, and diagrams to make the presentation more engaging and informative.