Plenty of passion
A great idea
A lot of hard work
If you have these ingredients already you need Grow Consultancy bring the rest to the table and work with you to develop a product that people will want to buy, again and again.
The rest of that ingredient list for a successful new product might look something like:
- Feasibility study
- Preliminary market research
- Product benchmark testing
- Recipe formulation
- Ingredient procurement
- Production process advice
- Production process efficiency analysis
- Sensory testing
- Safety and quality systems
- Achieving price points
- Packaging design and development
- Routes to market
- Review and revision.
That’s a long list, but each ingredient is vital if you are going to make the most of your passion, idea, hard work and your development budget.
If you’re just starting out or extending your existing product range to meet a need with your customers, Grow Consultancy can work with you to develop your idea in to a real product.
As will all Grow Consultancy services, a Confidentiality Agreement must be in place before work can begin. This protects your business and provides an safe atmosphere to create and advise.
Price for this service is on application and usually takes the form of a retainer fee based on a minimum and maximum number of hours for each stage of the New Product Development Process.