Assemble Basic Information About Your New Product Idea

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What information should I gather about my new product idea?

Assemble Basic Information About Your New Product Idea

Assemble basic information about an invention or new product idea to build a foundation of relevant facts and information. You probably already know the invention's name, what problem it solves and who might use it. You'll also want to discover the size of the potential market, possible packaging requirements and trends in the industry. Don't forget to project cost estimates for manufacturing, wholesale and retail.

   

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Sheri Ann Richerson