New Product Development Think of a new product you recently purchased or used, or an ad...

New Product Development

Think of a new product you recently purchased or used, or an ad for a new product. Share with the class this new product idea; in addition to describing this new item indicate whether this new product is either additions to existing product lines or improvements or revisions of existing products. Do you believe your new product will be among the few new product ideas that are truly successful? Why or why not?

Expert Solution

NEW PRODUCT DEVELOPMENT: Technology plays an important role in the human life. Everyday a new technology or gadget introduced in the market. The demand for new product development based on the user requirements is very important. Developing a new product is very big task which involves a great analysis that satisfies user requirements and needs.

Amazon smart speaker is the product which I recently purchased. Smart speaker is a wireless and voice command device with an integrated artificial intelligence. The smart speaker is completely works on user voice with interactive actions and hand free activation.

It’s one of the best innovations by Amazon in the recent year that completely works on artificial intelligence and can do anything through smart way. The basic intention of the product is to avoid the phone closely which throws excess radiations. The basic goal of the product is to work only through voice commands. The Smart device is that access to Wi-Fi, Bluetooth and other wireless protocols standards.

The smart device can be used to access anything in the home automation devices. If you’re a home is completely installed with smart technology. Than with the help of smart device we can control anything in the home. That could be like anything TV, fan, fridge, a/c, power and camera. There are already individual apps are available to activate these services. But the smart device works beyond these areas to control.

AD FOR SMART DEVICE: Here is the smart device which controls all your actions through your voice. Are you close to your mobiles ?, is it disturbs while you are driving, are your home is smart enabled than why late lets buy the Amazon smart device to control your phone and your home smart electronic products. For example mobile, TV, fridge, washing machine, a/c and car etc.

The smart device by Amazon is an extended version of any device that is available in the market. There are lot of improvements that has been brought through artificial intelligence. Every time Amazon is best in bringing the new technologies that meets user requirements and helps his/her works more easier .The product is not the replacement or copy of any products that are available in the market there are products that are available in the market doesn’t completely meets user requirements.

Yes there are products that are available in the market with the same technology but very few meets the user requirements and attracts user in terms of their cost, appearance and compatibility etc. Compare with other smart devices Amazon smart device sales and users are more they are almost 31 million users for Amazon device. There are products that are not that much successfull in compare with Amazon.As amazon isintroduced with different models like Amazon echo series: Echo,Echo dot,Echo plus,Echo show etc.There are products developed with the same techonlogy but compare with Amazon sales and users are less.There are other same products available in the market are

Google smart device
Apple home pod speaker
Harman Kardon invoke smart speaker
Microsoft cortana etc.

Among all these products when we compare the price quality and its appearance for me Amazon echo speaker suits to every customer and meets all his/her requirements in terms of cost ,carry ,appearance and durability. The most successful product is also according to me is Amazon echo device. Because there are few things that best in compare with other devices are

Product price is bit low compare with other devices
There are so many models available with Amazon
Easy to carry anywhere
More user friendly device
More demand compare with other devices

keosha answered 2 years ago

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