New Product Development Stage 3. Concept Testing

New Product Development Stage

Instructions:

Format:

Double spaced, 12pt font

Business style writing

Individual work

Upload your work to the same place you downloaded the work from. (Assignment portal). No email assignment will be graded.

Please explain in 2 pages max. Total for the assignment.

Describe your Concept Testing process/procedure

You are now the marketing person for the New Product Development (NPD) Process. Continue the process and build on your idea and market sizing.

Guidelines.

  • utable sources. that are required for THIS assignment.

Please note all of the above bullets under guidelines may not be required of each of 6 of steps in NPD.  You should KNOW which ONES are required.

Due date: Wednesday, 04/28/2021

Submitted by: 10:30pm

Upload your work to the same place you downloaded the work from. (Assignment portal). No email assignment will be graded.

Student name:  Micaela Aquino

All Answers BELOW HERE:

    The product that I decided to work on is called  “VISIONNAIRE NUIT BEAUTY SLEEP PERFECTOR FACE MOISTURIZER” its’s from the Lancôme skincare line. My idea is to create something very similar just changing a few ingredients used. Also, the goal is to start creating conscience in the company about doing cruelty free products because there are many ways to test the products without using animals in the process.  Moreover, since the already created product cannot be eliminated so suddenly, the name has to be a little different plus ingredient.  I made a survey through my  Instagram where I ask the girls what they are thoughts in the current face moisturizer. I had a lot of ideas and good feedbacks. I also had a meeting with someone who works in Shiseido company Jennifer Jasbi, where I asked her about her opinion about the importance of skincare and what make a good moisturizer.

I did a survey on Instagram asking a few questions such as:

  • Do you use Face Mask Moisturizer on your daily routine?

48% of the people say they do use it. Which is a vey low percent.

  • What is you thought of the visionnaire nuit beauty sleep perfector face moisturizer from Lancôme?

The price is too high for a small package.

  • Do you care if the product is cruelty free or not?

-I didn’t really mind before but now everything is changing and is sad to know what they are doing with animals.

– Yes, I do care because I know when products are cruelty free the product has better results in your skin.

  • Would you invest  on a face moisturizer if the price wasn’t the blockage?
  • Absolutely. Ill love to try it.
  • It depends on if the ingredients are something that will flatter my skin.

Moreover, I talked to someone that works in Shiseido. Jennifer said that skincare is very important for her. There is no day that she goes without using them. For her is very important that the skincare that she used is fragrance free because the condition of the skin. She suffers from rosacea which means that she has a lot of redness in her face. Her recommendation for the new product is to be parabens free plus fragrance free because that will help with the skin condition.

     In conclusion the new product will be created for every type of skin, ingredients that will help everyone to get a flawless skin. We will work on doing this product cruelty free so that no animal suffers from this. Moreover,  the name of the new product will be Overnight Flaw Face Mask. It will be very affordable for everyone.

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