New Product Development

MKT 4650
Closed
Main contact
Ohio University
Athens, Ohio, United States
Associate Professor of Instruction
1
Timeline
  • September 5, 2023
    Experience start
  • December 18, 2023
    Experience end
Experience
5 projects wanted
Dates set by experience
Preferred companies
Anywhere
Any company type
Apparel & fashion, Arts, Consumer goods & services, Cosmetics & beauty, Food & beverage

Experience scope

Categories
Customer segmentation Communications Competitive analysis Product or service launch
Skills
idea generation concept development consumer research
Learner goals and capabilities

Bring on learners from Ohio University to be your learner-consultants, in a project-based experience. Learners will work on one main project over the experience of the semester, connecting with you as needed with virtual communication tools.


Learners in this program/experience will learn and then follow a stage gate development process to develop product ideas, decide how to position the ideas, write concept statements, test the concepts first qualitatively and then quantitatively, and then proceed to developing a proof of concept prototype. For perspective, last year the class developed ideas for a seasonal decorations company named Old world Christmas.


The process starts with a situation analysis and ends with a product prototype. Students include marketing and communications majors and we will have graphic capabilities.



Learners

Learners
Undergraduate
Any level
36 learners
Project
35 hours per learner
Educators assign learners to projects
Teams of 5
Expected outcomes and deliverables

Deliverables are negotiable, and will seek to align the needs of the learners and the organization. 


Some final project deliverables might include: 


  1. A thorough situation analysis
  2. A list of ideas generated and then prioritized by opportunity
  3. Concept statements that have been tested with purchase intent scores
  4. Product prototype
  5. A final 30-45 minute presentation with recommendations


Project timeline
  • September 5, 2023
    Experience start
  • December 18, 2023
    Experience end

Project examples

Learners in groups of 3-5 will work with your company to identify your needs and provide actionable recommendations, based on their in-depth research and analysis.


Project activities that learners can complete may include, but are not limited to: 

  • Situation Analysis
  • Idea Generation
  • Idea Screening
  • Concept Development
  • Qualitative Concept Testing
  • Quantitative Concept Testing
  • Prototype Development


Additional company criteria

Companies must answer the following questions to submit a match request to this experience:

  • Q1 - Checkbox
    Be available for a quick phone/virtual call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the experience.  *
  • Q2 - Checkbox
    Provide a dedicated contact person who is available for weekly/bi-weekly drop-ins to address learners’ questions as well as periodic messages over the duration of the project.  *
  • Q3 - Checkbox
    Provide an opportunity for learners to present their work and receive feedback.  *
  • Q4 - Checkbox
    Provide relevant information and/or data as needed for the project.  *
  • Q5 - Text short
    How is your project relevant to the experience?  *