New Product Development Knowledge Base
What do ICT companies spend on new product development? Does anyone know what ICT (Information Communication Technology) companies typically spend on new product development / R&D / product renewal. I would really appreciate it if someone could point me in the direction of reputable research that has been done on the subject. I am looking for an answer like: On average ICT companies spend 5% of turnover on new product development, or On average ICT companies spend 10% of total operational expenses on new product development
Seeking seed capital for new product development and launch? My partner and I are currently working to bring a new product to market. Since the product not only uses the latest technology, but is new to the target market, bank financing is likely not a viable option. My partner and I are both new to the entrepreneurial process. Is anyone willing to give us any leads or helpful suggestions that may bring in the needed capital and participation to make our concept a reality? Thank You for your time, KJ
If another business funds a new product development, what are they entitled to? I am writing a proposal to develop a new product, which would be highly valuable to another (outside the country) business. We lack funds for such development, and would probably ask them to help with funding and possibly design. With this type of collaboration, who gets what? I mean, I don't know what to write in my proposal... do we license the design to them? Do they order from us and we're allowed to sell to other companies? How do you figure all this stuff out? It would be a fun project and a great product design, but I don't know the business ethics for figuring this all out. Any suggestions or help would be appreciated! Thank you.
New Product Development? How important do you feel product specifications are to each of the following organizational functions – product engineering, production and operations, and marketing? From what sources do you feel that good new product concept generation flows? · Coordination and preparation of each student’s
New Product Development Process? I'm told there are 7 stages. But I'm not sure what it is, cause I only found there's 5, and am still thinking what are the other 2...
Which research methodology & analysis technique for "Role of marketing in new Inductrial product development" I am doing MBA project "Role of Marketing in new Industrial Product development ( Product is Air Filter)". Marketing performs varios functions like Customer input gathering,Competitor's study,Pricing,Submitting drawing,submitting prototype,Follow up, So my Project became technical. We Gathered competitors data for comparision. & also Customer inputs as it is customised product, Conducted customer satisfaction survey. Data I gathered is all technical or theorotical What Research methodology & analysis technique I should use.? What should be my hypothesis HOw can i prove it by some technique. What graphs ,tables should i show.... What analysis shouls i write....... I am confused........
New Product Development Models?????? I have to do an assignment for university and dont have a clue about this.... I have fullers model but could someone give me another two easy models to compare and contrast Thanks!
What is packaging in automobile industry? In automobile industry Technical center in New product development, there is the department called packaging. What are their work? There, with any of Cad tool, they assembling the vehicle and creating so many sections and making books. Why they doing these sections? What is the use of these sections? What is the purpose of these section book? If any professionals help me, iam very thankful to them. Please help me?
What are some newsworthy marketing-related stories I could use for a Radio Interview? I'm conducting a radio Interview for my class and its going to be with a marketing professor. Topics might include marketing strategy or research, internet marketing, consumer behavior, new product development and management, brand or sales management, business to business marketing, e-business marketing strategy, international marketing, etc. The problem is, how do I derive a story of significance from any of these as my assignment requires? E.g.: has there been anything in the news surrounding these topics that could keep an audience intrigued and of which I could formulate some great questions? Thank u so much!
What is the sustainable growth rate? Include the ROE and plowback ratio.? At the annual strategic planning meeting of my company, new projects are presented and it is my task to assess the expected financial outcomes. In this case, my division presents a new product development project that projects a rate-of-return or Return on Equity (ROE) of 20.0 percent. Management plans to plow back 30.0 percent of all earnings to the company. Earnings this year are $3 per share and investors expect a 12 percent rate of return on the company's stock.
Which research methodology & analysis technique for "Role of marketing in new Inductrial product development" I am doing MBA project "Role of Marketing in new Industrial Product development ( Product is Air Filter)". Marketing performs varios functions like Customer input gathering,Competitor's study,Pricing,Submitting drawing,submitting prototype,Follow up, So my Project became technical. We Gathered competitors data for comparision. & also Customer inputs as it is customised product, Conducted customer satisfaction survey. Data I gathered is all technical or theorotical What Research methodology & analysis technique I should use.? What should be my hypothesis HOw can i prove it by some technique. What graphs ,tables should i show.... What analysis shouls i write....... I am confused........
If you had a truly solid invention and a provisional patent, how do you find investors who can seed cap $278K? I am an inventor with a background in marketing. I have been in RnD for over 4 years and am poised for roll out with a new product development. This is a variation on existing technology, highly specialized for the beverage industry. Roll out can be accomplished for less than $300K. I have sold two of my homes and 4 vehicles to fund RnD. I will need capital to properly roll this out. I know angel investors exist...I just dont have great contacts in fund raising, I typically fund my own projects. I would be interested in any ideas on where these aggressive investors with vision can be found. They say when you have something this promising, you won't look for funding long, because investors are looking for you. I hope this question will answer several questions. Best wishes.
The company that you mange has invested $5 million in developing a new product,? But the development is not quit finished. at a recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to $3 million. if it would cost $1 million to finish devlopment and make the product, should you go ahead and do so? what is the most that you should pay to complete devlopment?
Can you help me with my business homework? How can a business use a boston matrix to help manage its product portfolio? What is meant by new product development? Explain the product lifecycle with extension strategies.
Looking For Small/large Store Owners For New Product Trials - Will You Help Me? I am in the final stages of development of a new shave cream product. It's a foamless cream that has shaved developed out of a personal need (thick beard). It dramatically reduces friction while applying skin healthy ingredients. I am new to this and need distribution help. Will people in various venues order and trial my product when ready? Name - Blade Glide. If so please respond to this and forward your contact information to youopinions@yahoo.com I will include links to your stores on my sites as well if you desire. Happy Holidays John
Mentoring program for product development? At work (financial - brokerage industry), we have a new 6-month mentoring program where we develop skills on a specific field. Mine is product development, w/ 11-12 skills to develop & learn from my mentor (some skills I've already learned but would like to enhance). I couldn't find any mentoring tutorials online to use for this project, specifcally for product development (business & technology side). Help please? Any websites?
Interview questions for Supervisor/Manager for Engineering Firm? I have to answer a supervisory questionnaire for a management position in engineering via email. Typically, I am confident during interviews but would like some input/good vocab from the experienced individuals out there since this time a written answer is required. This way I can combine my answers with yours and hopefully I can get this job! The following are questions that the company is asking prior to the interview. Thank you in advance! 1. Describe supervisory experiences. 2. Describe your roles and responsibilities in new product development and/or support of an existing product. 3. Describe how you have built and led an effective team. How have you developed staff? 4. Describe the most recent difficult staff management problem you faced and the steps you took to resolve it. 5. Describe your experiences transferring designs into a manufacturing environment.
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