Some of the most successful business owners today were fortunate to realize early on the importance of monitoring competition. This is very important if you expect to survive in today’s economy and crowded marketplace.
In today's world, you have to constantly re-invent yourself and your business, while at the same time improve upon your products or services. Declining sales and product stagnation occurs when you continue offering the same items year in and year out. Eventually, your competition is going to leave you in the dust.
Product Requirements Document - The purpose of this tool is to provide the product development team with the business requirements they need to build the right product for the market. This document includes: market requirements document, product development schedule, and product sanity-check (contract).
Product Feature Competitive Analysis – Use this tool to analyze product or feature category leaders among your top 5 competitors.
Product Feature Priority Tool - Use this Product Feature List Priority Tool to logically survey the value of each feature from the 3 key user perspectives.
Product Feature Request Form – The purpose of this tool is to standardize all Product Feature Requests so that we can evaluate and prioritize requests appropriately and facilitate delivery.
Product Roadmap - Use this Product Roadmap to analyze market segment needs, trends, products, and technology required to produce market-driven products.
Product Feature Release Schedule - Use this tool to schedule delivery dates for product feature releases.
