New Concept (Not In-Hand)
product
1
Product Web Search
- Identify market trends, customer demands, and potential niches to determine the product you want to trade.
2
Product Conventional Search
- Product Search in the conventional market. It addresses the product details which is indirectly filling the present problem
3
Product Export Directory Search
- Utilizing Trade Consulars to explore products listed in the export directory
4
Product In-Direct Competitor List
- Prioritize searching for indirect competitors of the product to effectively address the issue at hand
5
Product Secured (Multiple)
- The process of capturing multiple products to kickstart work on them
6
Product Shortlist
- Product Shortlisting undergoes with a immediate market response. Which would be consumer behavior response as per the conducted survey
7
Minimum Viable Product (MVP)
- This represents an initial product sampling aimed at obtaining early consumer feedback for future product launches
8
Agreement
- The NDA-Sales agreement will commence immediately after the completion of the MVP process, emphasizing the future partnership milestones
9
Market Evaluation(P-I)
- It is a very initial phase to get in touch with the Product physically. By our basic technics, we will conclude the product quality and finishing attributes
10
Regulatory Affairs (ER)
- The Establishment Registration process shall be started (In Case of Not Available)
11
Regulatory Affairs (PR)
- The Product Registration (Documents) collection process shall be started from the suppliers regulatory affairs team
12
Market Evaluation (P-II)
- It is the Second Phase of Marketing Evaluation, product detailing with available partners shall be concluded. The results will be merged with the next step
13
Lean Startup
- Learn – Measure – Build
- The process of the actual product outcome by Feedback Loop
14
Team Management
- The selection of the project team, it could be a very small number of people who will be responsible for the initial tasks.
15
MVP Type Select (I)
- The MVP type selection, the team shall select one Type and continue the evaluation process
16
Final Evaluation (P-III)
- The product shall reach in WH as per agreed MOQ with the supplier to conclude the evaluation process
17
Product Training (I)
- Product Training Phase I shall be started from here. Product Training is divided into different Phases to get actual training outcome
18
Supply Chain Evaluation
- From receiving the order until the product delivery, I work on Lean process with SOPs and train the staff to reach planned product success
19
MOQ Finalization
- MOQ shall be finalized with 5 different strategies. Progressively working on MOQ is a bit challenging for KSA market
20
Product Training (II)
- The second phase of product training shall start from here. The planning and graphical information draft sharing
21
MVP Type Select (II)
- The work on the final data (Market Sectors) shall be concluded before moving to the Product Launching
22
Market Segment PIVOT
- Clear PIVOT draft discussion before moving to another subject. This generally matters in Medical Products
23
Engine Growth PIVOT
- In-depth product chart discussion on CDA and LTV. This is the actual step forward process
24
Product Launching
- The actual product launching begins at this stage. Several practices shall be applied to reach the actual point of product influence
25
Marketing Phase
- Marketing followed by Sales activities shall be started from here. Selection of Marketing Type as per Product need