Product development is a process that involves several stages, from ideation to launch it also determines the success or failure of a product. One critical step in this process is concept testing.

Product concept statements are an integral part of both an original business plan as well as the development of products and services in established companies. A good product concept statement ...

I attended the Lean Startup Circle at 1871 last week. As always with Chicago events, it was great and I benefited tremendously from hearing other entrepreneurs discuss their processes for product ...

Bridging imagination and reality is key to unlocking potential in the consumer packaged goods (CPG) innovation cycle. First, you come up with a new concept. Then you make and test it with consumers.

In the rapidly evolving 2025 consumer packaged goods (CPG) landscape, where market pressures demand faster, smarter decision making, breakthrough innovations don’t happen in isolation. They succeed in ...

Companies are always developing new products, or improving them to keep up with customer needs and demands. However, a company must first develop a plan for their products to move them from the idea ...

CPG companies produce an estimated 20,000 new products each year to keep up with increasing consumer demands. Growth requires a constant stream of new ideas, product updates and whole new category ...

FLEMINGTON, N.J., Feb. 21, 2013 /PRNewswire/ — HCD Research announced today that it is offering a new research tool that combines the strengths of biometric, eye-tracking and quantitative on-line ...