How Do You Generate New Product Ideas?
Generating new product ideas is a must for any business. New products are what keep established businesses profitable and allow start-up businesses to boom. There are a number of ways to generate new product ideas. Consultants often charge a hefty fee to brainstorm product ideas for businesses. However, anyone can generate new product ideas for free by being observant and creative and simply asking for them. Observe what’s around you and what’s been done before. Think of the products you use every day, whether in your business or at home. What can be improved? In 1921 a man named Earle Dickinson noticed that his wife was always cutting her fingers while preparing food. Back then bandages were made of a separate piece of gauze and a piece of adhesive that had to be individually measured and shaped. Dickinson decided to stick a square of gauze to the center of the adhesive and wrap the entire piece around his wife’s fingers, while encasing the bandage in crinoline for cleanliness. In tha
