{"id":2067,"date":"2019-03-23T06:00:00","date_gmt":"2019-03-23T06:00:00","guid":{"rendered":"https:\/\/mycal8.com\/wordpress\/index.php\/2019\/03\/23\/new-product-entry\/"},"modified":"2019-03-23T06:00:00","modified_gmt":"2019-03-23T06:00:00","slug":"new-product-entry","status":"publish","type":"post","link":"https:\/\/mycal8.com\/wordpress\/index.php\/2019\/03\/23\/new-product-entry\/","title":{"rendered":"New Product Entry"},"content":{"rendered":"<div dir=\"ltr\" style=\"text-align: left;\">\n<div style=\"clear: both; text-align: center;\">\n<a href=\"https:\/\/i0.wp.com\/1.bp.blogspot.com\/-IICS2XasBP0\/XJXJpOpT8xI\/AAAAAAAAB2Q\/QWO2mmk5DGgMk3CPZerCpEASSr5NHYLHQCLcBGAs\/s1600\/plc.gif?ssl=1\" style=\"margin-left: 1em; margin-right: 1em;\"><img data-recalc-dims=\"1\" decoding=\"async\" border=\"0\" data-original-height=\"197\" data-original-width=\"260\" src=\"https:\/\/i0.wp.com\/1.bp.blogspot.com\/-IICS2XasBP0\/XJXJpOpT8xI\/AAAAAAAAB2Q\/QWO2mmk5DGgMk3CPZerCpEASSr5NHYLHQCLcBGAs\/s1600\/plc.gif?ssl=1\" \/><\/a><\/div>\n<div style=\"background-color: #e9eaed; color: #707070; font-family: &quot;Helvetica Neue&quot;, Helvetica, Helvetica, Arial, sans-serif; font-size: 14px; margin-bottom: 1em;\">\n<p><a href=\"http:\/\/www.addthis.com\/bookmark.php?v=250&amp;pub=xa-4b0079eb469b7df3\" style=\"background-color: transparent;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" alt=\"Bookmark and Share\" height=\"16\" src=\"https:\/\/i0.wp.com\/s7.addthis.com\/static\/btn\/v2\/lg-share-en.gif?resize=125%2C16&#038;ssl=1\" style=\"border: 0;\" width=\"125\" \/><\/a><span style=\"background-color: transparent;\">&nbsp;<\/span><\/div>\n<div dir=\"ltr\" style=\"text-align: left;\">\n<span><br \/><\/span><\/div>\n<div dir=\"ltr\" style=\"text-align: left;\">\n<span><!-- AddThis Button END --><\/p>\n<p><\/span><\/p>\n<hr style=\"background-color: #e9eaed; color: #707070; font-family: &quot;Helvetica Neue&quot;, Helvetica, Helvetica, Arial, sans-serif; font-size: 14px;\" \/>\n<span><br \/>\n<\/span><\/p>\n<div style=\"background-color: #e9eaed; color: #707070; font-family: &quot;Helvetica Neue&quot;, Helvetica, Helvetica, Arial, sans-serif; font-size: 14px; margin-bottom: 1em; text-align: center;\">\n<span><strong>The New Product Entry<\/strong><\/span><\/div>\n<p><span><\/p>\n<div style=\"background-color: #e9eaed; color: #707070; font-family: &quot;Helvetica Neue&quot;, Helvetica, Helvetica, Arial, sans-serif; font-size: 14px; margin-bottom: 1em;\">\n<strong>By James Byrd, MBA<\/strong><\/div>\n<div style=\"background-color: #e9eaed; color: #707070; font-family: &quot;Helvetica Neue&quot;, Helvetica, Helvetica, Arial, sans-serif; font-size: 14px; margin-bottom: 1em;\">\nLearn fast about how to develop your new entry product. There are six key focal points to stay attuned to when building and bring to market a better product than that of the competition.<\/div>\n<div style=\"background-color: #e9eaed; color: #707070; font-family: &quot;Helvetica Neue&quot;, Helvetica, Helvetica, Arial, sans-serif; font-size: 14px; margin-bottom: 1em;\">\nFirst, the product manager must ensure&nbsp;due-diligent via extracting pertinent market research data. Whit this we are primarily talking about;&nbsp;<a href=\"https:\/\/en.wikipedia.org\/wiki\/SWOT_analysis\" style=\"color: #3b5998; text-decoration-line: none !important; transition: color 0.5s ease 0s;\" target=\"_blank\" rel=\"noopener\"><strong>SWOT<\/strong><\/a>. He must, in short, put him or herself in the shoes of the consumer of the said product. For starters, develop a list of needs and wants, requirements. &nbsp;Second, the product manager must be definite, in terms of product definition and design after installing the needs and wants into that <a amzn-ps-bm-asin=\"1118968050\" data-amzn-link-id=\"b80575f56f8089af826635cf19da5b8a\" data-amzn-ps-bm-keyword=\"new product design\" href=\"http:\/\/www.amazon.com\/Value-Proposition-Design-Customers-Strategyzer\/dp\/1118968050\/ref=as_li_bk_tl\/?tag=protocolenterpri&amp;linkId=b80575f56f8089af826635cf19da5b8a&amp;linkCode=ktl\" rel=\"nofollow noopener\" target=\"_blank\">new product design<\/a><img loading=\"lazy\" decoding=\"async\" alt=\"\" border=\"0\" height=\"0\" id=\"amznPsBmPixel_161708\" src=\"https:\/\/ir-na.amazon-adsystem.com\/e\/ir?source=bk&amp;t=protocolenterpri&amp;bm-id=default&amp;l=ktl&amp;linkId=b80575f56f8089af826635cf19da5b8a&amp;_cb=1553320535304\" style=\"border: none !important; height: 0px !important; margin: 0px !important; padding: 0px !important; width: 0px !important;\" width=\"0\" \/>. With this, we are talking, moving within the realm of&nbsp;<a href=\"http:\/\/www.investopedia.com\/terms\/p\/product_differentiation.asp\" style=\"color: #3b5998; text-decoration-line: none !important; transition: color 0.5s ease 0s;\" target=\"_blank\" rel=\"noopener\"><strong>product differentiation<\/strong><\/a>. Next, there is the idea of developing, to the fullest, all phases of the product development project. The idea is, not to come to market draggling a leg.<\/div>\n<div style=\"background-color: #e9eaed; color: #707070; font-family: &quot;Helvetica Neue&quot;, Helvetica, Helvetica, Arial, sans-serif; font-size: 14px; margin-bottom: 1em;\">\nAlso, there must be a&nbsp;<a href=\"http:\/\/www.businessdictionary.com\/definition\/product-champion.html\" style=\"color: #3b5998; text-decoration-line: none !important; transition: color 0.5s ease 0s;\" target=\"_blank\" rel=\"noopener\"><strong>product champion<\/strong><\/a>&nbsp;of said product, that is, one who might and should evangelize the product throughout all&nbsp;<a href=\"https:\/\/en.wikipedia.org\/wiki\/New_product_development\" style=\"color: #3b5998; text-decoration-line: none !important; transition: color 0.5s ease 0s;\" target=\"_blank\" rel=\"noopener\"><strong>product development<\/strong>&nbsp;<\/a>phases. Next, one should devise some types of mechanisms for bringing said product to market. And lastly, there is always the idea of&nbsp;<a href=\"http:\/\/encyclopedia2.thefreedictionary.com\/product+reengineering\" style=\"color: #3b5998; text-decoration-line: none !important; transition: color 0.5s ease 0s;\" target=\"_blank\" rel=\"noopener\"><strong>product reengineering<\/strong><\/a>, with this, we are talking about the&nbsp;<a href=\"http:\/\/productlifecyclestages.com\/\" style=\"color: #3b5998; text-decoration-line: none !important; transition: color 0.5s ease 0s;\" target=\"_blank\" rel=\"noopener\"><strong>product life cycle<\/strong><\/a>&nbsp;of the product, and how one should know when to develop betterments for the said product throughout the product\u2019s life cycle, which should be an on-going endeavor.<\/div>\n<div style=\"background-color: #e9eaed; color: #707070; font-family: &quot;Helvetica Neue&quot;, Helvetica, Helvetica, Arial, sans-serif; font-size: 14px; margin-bottom: 1em;\">\n<strong>Source:<\/strong>&nbsp;<a href=\"http:\/\/tynerblain.com\/blog\/2007\/01\/18\/foundation-series-inbound-pm-and-outbound-pm\/\" style=\"color: #3b5998; text-decoration-line: none !important; transition: color 0.5s ease 0s;\" target=\"_blank\" rel=\"noopener\">http:\/\/tynerblain.com\/blog\/2007\/01\/18\/foundation-series-inbound-pm-and-outbound-pm\/<\/a><\/div>\n<p><\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The New Product Entry By James Byrd, MBA Learn fast about how to develop your new entry product. There are six key focal points to stay attuned to when building and bring to market a better product than that of the competition. First, the product manager must ensure&nbsp;due-diligent via extracting pertinent market research data. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9,153,20,11,6,18],"tags":[],"class_list":["post-2067","post","type-post","status-publish","format-standard","hentry","category-business","category-classics","category-entrepreneur","category-management","category-marketing","category-small-business"],"aioseo_notices":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/mycal8.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/2067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mycal8.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycal8.com\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mycal8.com\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mycal8.com\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=2067"}],"version-history":[{"count":0,"href":"https:\/\/mycal8.com\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/2067\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycal8.com\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=2067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycal8.com\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=2067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycal8.com\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=2067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}