Business Exit Strategies Mergers & Acquisitions of Private
Management Buy Outs Management Buy Ins Plant and Equipment Valuations Business Valuations Key Executive Recruitment Capital Raising for Growth or Business Mentoring Corporate Governance Corporate Business Plans Business Re-organisations Management Consulting

 

Avantia Corporate Services client activities are guaranteed to the complete satisfaction of our Clients.

If a Client is not completely satisfied with the Standard or Performance of the services provided by us, the Client has the option of either:

  • A Refund of any fees paid in   the preceeding month.

  • A Refund of a portion of the preceding month's fees that reflects the Client's level of satisfaction with the level of services performed.

We want our Client's to be UNEQUIVICALLY SATISFIED with the Services we provide.

 

 

 

In Business, New Product Development (NPD) is the term used to describe the complete process of bringing a new product or service to market. There are two parallel paths involved in the NPD process: one involves the idea generation, product design and production process; the other involves market research and marketing analysis. Companies typically see new product development as the first stage in generating and commercialising new products within the overall strategic process of product life cycle management used to maintain or grow their market share.

The process involves the following steps:

·         Idea Generation

·         Idea Screening

·         Concept Development & Testing

·         Business Analysis

·         Beta Testing & Market Testing

·         Technical Implementation

·         Commercialisation

·         New Product Pricing

These steps may be iterated as needed. Some steps may be eliminated. To reduce the time that the NPD process takes, some companies are able to complete several steps at the same time.  New Product Development is a proactive process where resources are allocated to identify market changes and seize upon new product opportunities before they occur (in contrast to a reactive strategy in which nothing is done until problems occur or the competitor introduces an innovation). New Product Development is an  ongoing process (referred to as continuous development) in which the entire organization is always looking for opportunities.

Because the NPD process typically requires both production  and marketing expertise, cross functional teams are a common way of organising projects. The team is responsible for all aspects of the project, from initial idea generation to final commercialisation, and they usually report to senior management. In those industries where products are technically complex, development research is typically expensive, and product life cycles are relatively short, strategic alliances among several organizations helps to spread the costs, provide access to a wider skill set, and speeds the overall process.

Avantia Corporate Services Business Development Consultant tie in all aspects of the NPD process on a project management basis, from the initial planning to the implementation & commercialisation event and can incorporate Capital Raising,  Export and ongoing management if required.

 

For a no obligation assessement of your product idea call 07 30109711 now for a consultation with one of our Consultants.

 

 RECENT ENGAGEMENTS

Speciaised Safety Products Retailer (Expand and Open New Retail Outlets)

Large General Insurance Brokerage (Develop Strategic Plan)

Custom Security Solutions Provider(Develop and assist with implementation of growth strategy through salesforce expansion.)

         Primary Health Care Provider                  (Negotiate acqusitions and oversea change management process) 

Accessory Footware Manufacturer (Develop, design and National launch of  new product into Pharmacy. FMCG and Retail Stores)