When developing new products, inventor hopefuls must have a reactive mindset that takes factors into consideration such as market analysis, customer preferences, product design, product manufacturing and competitor behavior to help them stay above the competition. Inventors that form original ideas must wade through certain steps that will help them refine their products as necessary throughout the development phase — regardless of the domain or industry in which they work. The infographic below is a 14-step guide that developers can use when planning on building and launching a new product.
