Developing Prototype in Phases
Any business looking to develop a new product should divide the development into phases. Having the complete vision delivered in phases means that the business can see the progress of the product or service and justify the expenditure on the new business. Ideally, each phase should be a complete product/service in itself. Launching the Phase 1 of the product to customers or internally to staff provides opportunity to get feedback, which can be incorporated into forthcoming phases. Generally this not only generates investment for the company, in the form of income generation, but also creates a community that aides the further development of the product/service.