Conceptualizing Products/Services Using FAD
Product/service feasibility analysis is crucial to a successful design. This type of analysis is used to analyze the market and product feasibility of the product or service. An organization can develop a wonderful product or service but fail to gain market share. This is often directly related to gaps in the feasibility analysis.
Design and Prototype Product or Service
Put a mock-up picture of the product or service here (use sketching, drawing software, mock-up software, photo software, or presentation software). If the product is a software, put an example of a critical report or input screen here (use a word processor or presentation software). If the idea behind the product or service involves a complex process or business process, then draw a flow diagram or a business process diagram (use presentation software or specialized flowchart and business process diagramming software).