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Have you wondered what makes Apple the world’s most valuable company? The answer is its capability to transform industries and redefine consumer expectations. The company's iconic products, the iPhone, iPad, and MacBook, have revolutionised the way people communicate, work, and interact with technology. So, what is their secret sauce? Their core strength is their visualisation and delivering that vision to their consumers. From defining what they want to create, why will the users opt for their products and how will they create and sell the product, they’ve got it figured down to the last detail. This iterative process of strategically developing their products is essential for all businesses.
Every innovator, and product designer is brainstorming and wants to generate ideas that will revolutionise the marketplace, just like Apple did. Hence, a strategy development template or a manual is a must, if you want to understand the science of this process. Your product formulation strategy will be one of the deciding factors for customer satisfaction while interacting with the final product. Click here to understand how a tailored product development process will improve your customers’ experience.
Launching a new product is a tedious task, from brainstorming, assessing the feasibility, budgeting, forecasting market desirability, prototyping, and marketing to creating and delivering it to users. This process might take months if all your tasks are done in a cluttered, isolated manner.
If you are an entrepreneur kicking off your business, a product manager planning a brand extension, or an operations manager wanting to strategise your product development processes you will need a roadmap presentation templates to save your time and come up with an effective plan. SlideTeam wants to be a part of your journey to help you make the most of your ideas in the shortest possible while.
With all your resources at stake, we understand that it could be daunting for you to take the first step. We present to you our top 10 Product Development Strategy presentation Templates. These templates aim to use available sources and optimise the product outcome for your company. Each of the templates is 100% editable and customisable. The content-ready nature means you get a starting point and the structure you wanted for that perfect presentation. The edit-ability feature allows you to tailor the template to the user profile.
Let’s explore these templates now!
Template 1: Product Development Strategy PPT Template
Use this content-ready slide deck as an instruction manual, and guide your employees at each stage of the process. This template has a 7-stage process of product development, with details about how each stage can be carried out with the use of business tools like SWOT analysis, market trend infographics, marketing mix, etc. The template can be used by product managers, marketers, finance managers, or operation managers for its focus on explaining each in a unique, concise manner. The deck has a unique pros and cons slide; you can also use this template to create a checklist and keep up with the progress of your team at every step. Download Now!
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Template 2: Strategic Product Development PowerPoint Presentation
This template is a comprehensive guide for product line extensions. Along with well-researched statistics, trends, and gaps, this template provides you with a monthly timeline that can be used to develop a detailed product launch plan. Our experts have developed strategies keeping in mind holistic aspects like innovation, pricing, customer orientation, marketing, and distribution mediums. Product development models like Hook, Kano, Strategy Canvas, Value proposition, etc will help you to evaluate the desirability, feasibility, and viability of your product. Also, showcase your hands-on expertise in managing product life cycles well with a separate segment earmarked for it. This template is ideal for entrepreneurs, starting their companies as the slides have extensive details about roles in a product management team, training plans, cost and financial statements, and assessment metric dashboards. To develop, monitor, forecast, and evaluate your outcomes Download now!
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Template 3: Creating Product Development Strategy to Improve Customer Experience PPT
Companies are always working to continuously enhance customer experience, and create brand loyalty among them. For that, it is essential to ideate the right product and deliver it seamlessly. To create a foolproof product development strategy use this template as a manual. With information on the current market assessment, pre-knowledge of trends, and understanding of the requirement of new products, this template helps you conduct effective research to extensively comprehend your user's needs. It will help you create a monthly timeline, along with suggestive ways to reduce costs and time of development. This template is focused on the strategies that can be deployed to include customer feedback, assess expectations, and measure user satisfaction. Download Now!
Template 4: Product Development Strategies for Business Growth PPT
Brand extensions help a company expand. To gain a competitive advantage in the market, companies invest in new products for increased revenues. Use this template to get insights on how your company can grow with an assessment of market trends and developing new products. The four major segments highlighted are innovating away from core products; inventing new applications for existing products in new markets; forming a product strategy with a budget, and managing of product portfolio. Customer service managers can use this template to explore new possibilities of service with the existing product, enhancing engagement with the end user. Product managers can find ways to expand into new markets. Download Now!
Template 5: Product Development Strategy House Diagram Template
A product development strategy is an amalgamation of bettering all aspects like market, process, people, and technology. Managers can use this presentation template to explain and delegate aspects of developing a new product across departments. This template also enables to assign KPIs for each process. Download now and make sure your product formulating strategies will enhance your company’s outcomes holistically!
Template 6: Seven-stage Product Development Process Template
This seven-step process of product development is the umbrella head that decides the curation of a strategy. Use this colourful table to break down the process for your employees. The process starts with generating and filtering feasible ideas, followed by assessing their desirability and viability, before concluding with the deployment and commercialisation of the product, on approval. This visual representation of the process helps employees understand how their task is integral to the larger process of product development. Download Now!
Template 7: Product Development Strategy Process Roadmap Template
Clarity amongst stakeholders is the key to the effective execution of any process. This simple and professionally designed roadmap lets you develop an execution strategy for a product launch. The step-by-step visual will allow you to monitor the progress and establish deadlines according to that. Our content-ready slides provide you with effective methods and techniques to carry out each step. Download now and curate your Product Development Strategy by using this editable template.
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Template 8: 3 Phases of Product Development Strategy Template
This PPT Template is specially created for small businesses and startups, as it takes into consideration their limited resources. The goal here is to develop a product launch strategy in the least steps possible. This helps entrepreneurs define and prioritise their tasks, based on which they can eliminate any unnecessary expenses on the company account. Download Now!
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Template 9: Electronic Company Product Development Strategy Template
If you are a technology company looking to optimise your strategy to ideate and launch a new product, this template is the ultimate resource. The template includes suggestive practices like having an exclusive design team working on creating tangible concepts from ideas followed by the executives reviewing these prototypes. If these two steps are iterated repeatedly, your company is bound to make a breakthrough product. This template will help you convey the company’s priorities and schedules to all teams. Download Now!
Template 10: Metric Dashboard for Tracking Product Development and Management Template
Every task that is carried out in an organisation has a well-defined objective. To ensure the action is achieving the desired outcome, it is essential to create a metric of assessment. The template will come in handy for any individual, small business, or company developing a new product, as it depicts KPIs that need close tracking. The slide has a circular chart to display budget allocation and a pie chart to understand the kind of challenges encountered. It lets you keep track of the number of ideas raised, funded projects, and investments required. Use this template and monitor your progress. Download Now!
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CREATE WOW PRODUCTS!
Companies can create products that fulfil the requirements of customers and go above and beyond their expectations by using an effective product development and management star strategy. It complements the identification of market trends, understanding consumer pain points, and ideating products that counter the concerns. Click here to learn more about the impact of these strategies and understand the process step-by-step.
FAQs on Product Development
What are the steps of a product development strategy?
- Idea Generation and Screening: The process starts with brainstorming and gathering potential new product ideas. The generated ideas are filtered to determine the viable ones.
- Concept Development and Testing: The most appealing ideas are converted into tangible concepts or prototypes. These designs are then tested with the targeted consumers to collect feedback and make modifications.
- Business Strategy Analysis: This step is focused on conducting extensive business analysis to determine the product's financial viability.
- Product Development: The product development process begins once the business statistic is assessed and approved. Technicians and designers collaborate to create the final product and develop its manufacturing approaches.
- Test Marketing: Before the product becomes available on an extensive basis, it is tested in a focus group of customers to analyse its performance.
- Commercialisation: The final step entails a full-scale launch into the marketplace of the product. Marketing and distribution techniques are implemented to make the product available to consumers.
What is the product development process?
The product development process is a methodical approach that corporations use to create, design, and offer new products or services. It goes through stages. Companies conduct market research, analyse the product's viability and potential profitability, create prototypes, test and refine the product, and eventually bring it to market. The goal is to create innovative, customer-centric products that fulfil market needs while taking into account criteria such as cost, quality, and marketability to ensure successful product launches and long-term market success.
What is the product development life cycle process?
- Introduction: The initial stage witnesses minimal revenue and high development expenses. The product is released onto the market in an attempt to increase consumer awareness.
- Growth: As the product obtains acceptance and gains recognition, sales rise. Market share increases, and there is a steep rise in the corresponding revenue.
- Maturity: The product reaches its highest level of acceptance and sales stabilise. There is greater competition and market saturation at this stage.
- Decline: Sales start to decline as a result of shifting consumer preferences or the introduction of newer inventions that replace the product.
