Why is this Important?: You have to demonstrate that your product is likely to work as intended
Key Actions | Things to Consider | Tool Kit |
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Build a prototype | Get an estimate of what the product will cost to manufacture in volume (COGS)
Does not have to look anything like the final product, it just has to simulate its function
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Product Design Firms
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Run a convincing experiment that demonstrates technical feasibility of the product | How well does it perform against the current standard of care (If it exists?)
A fast and simple experiment that demonstrates that the product is likely to work
Do not spend money on making it attractive if it’s obvious that the product is a prototype |