Product development is the method of bringing a product concept into the market or adding new features to an already marketable product. This process is crucial to companies as it helps keep customers engaged by providing relevant and worthwhile products. Since product development involves creating a strategy and defining goals, project managers have better control of the quality and costs. The process includes identifying a need in the market, researching end-user needs, imagining the product, designing a roadmap, gathering feedback, and finally launching the product. Here are the steps outlined in further detail:
In this article, we’ll be discussing the discovery stage of product development and its importance, for example for mobile app development. The discovery phase is the initial step of the product development process. Depending on the complexity of the project, it can last from days to weeks to months. The project team may vary but typically include the following:
The first and possibly most critical step of discovery is researching and gathering information. This allows the project team to examine risks, decrease any possible issues, develop a business plan, define goals, and form scope for the project. Another part of this section entails understanding end-user needs by communicating with customers, stakeholders and investigating what problems the product is trying to solve. Some methods used to gather data are focus groups, customer interviews, surveys, or competitive research. This allows the project team to gain empathy and step into the end-users perspective. It also gives insight into any market gaps that need filling and flaws in the competition. After exploring what the target audience needs and pinpointing the problems the new product or feature is trying to solve by being brought into the market, the project team can ideate solutions using techniques like storyboarding or mapping. Once a resolution has been brainstormed, a prototype is created to showcase the idea and sent out to a select group of customers, end-users, or beta testers. Feedback is then collected from the test audience to be used for validation. Analyzing the observations provides the project team with the opportunity to improve the product and learn even more about what outcomes the end-user is looking for in a product. Testing the product or feature is the last step of the discovery phase. It helps verify its potential, usefulness, and practicality and allows the team to acknowledge any potential risks before the product is deemed worthy to go into development. The discovery process is not linear, and actions may need to repeat to create a viable product. While deliverables vary depending on the project, here are common documents you can expect during the discovery stage:
The discovery stage is an essential step in the product development process as it determines whether there is a need in the market for the proposed product or feature, validates its purpose through tests, and identifies potential problems. This maximizes profits by preventing costly expenditures, which may not have been identified without the research done during discovery. The discovery phase also helps align project goals to what end-users want as it involves research and feedback throughout the entire process from the targeted audience. Not implementing a discovery stage could have negative impacts, such as increased costs from not defining goals at the beginning of the process. Another adverse result of skipping discovery is the possibility of developing a product that's not needed or doesn't fit the market due to not conducting proper market and audience research. Other consequences could include a never-ending project resulting in a delayed launch and missed deadlines caused by not setting project boundaries or determining the scope.
As discussed, there are many benefits to following the product development process. Having a strategy helps to ensure customers are happy with the end product and business needs are being met. One of the most vital parts of the process is the discovery phase. Ensuring efforts are made within this first stage can help project teams design products confidently and form a trustworthy relationship with customers. Conducting extensive research into end-user needs, using various methods to gain feedback from their targeted audience, identifying competition, and validating that the product is viable are keys to a successful discovery phase. Ultimately, these actions reduce unnecessary costs and lead to a profitable launch and higher customer satisfaction.