Develop a Product
Learn how to develop a product. Learn how to design prototypes and the final product, to make or outsource your product, to price competitively and sell, to deliver to your customer on time, and to improve your product. Start learning now!
Makeup giant L’Oréal and InStyle magazine both named lip gloss as a makeup trend for 2020, so it makes sense that it might be a great idea for a new business. In 2019, sales for lip gloss totaled approximately $126.54 million! That’s a lot of lip gloss!
Product design is the entire process of creating usable products and experiences, starting by defining real people’s problems and thinking about possible solutions.
Manufacturing is the process of making of goods by hand or by machine. Items used in manufacture may be raw materials or component parts of a larger product.
When thinking about your price point, consider the costs that goes into making an individual product or service offering
Make the buying process as easy for them AND for yourself as possible - create a clear plan on how to accept payments and process payments.
Product distribution is the action or process businesses take to supply goods to consumers.
Product improvement is the process of making meaningful product changes that result in new customers or increased benefits realized by existing customers.