Picture
Coming up with “ideas” is sometimes a difficult task as it can be too abstract and lack structure. Here, we will be looking into some methods that can guide or inspire you to your next innovation.

1-      Find an alternative method to accomplish what an existing innovation accomplishes: The fact that a company or a firm started to produce a product that addresses a NEED can indicate that fulfilling that NEED is a viable opportunities. This is as if the other company has identified the location of a hidden treasure to you. Coming up with other innovations that would satisfy that NEED can yield a great opportunity.

2-      Follow what you like: list your passions and observe how technologies evolve around you and look for innovative opportunities that would keep you excited.

3-      Tackle what annoys you: take another look of your daily life and see what annoys you! Do you get annoyed because of how the flour is being packaged, does the methods available to find home-service providers annoy you? How about you spending time to resolve those issue and make your life easier!

4-      Provide a better-quality commodity (and more expensive): go to the market and find all the inexpensive commodities. Those have been commodities for long enough that you will find it difficult to distinguish the different brands as they all look similar with about the same price. Then, consider providing a deluxe version. A good number of customers might be willing to pay extra for better packaging or better quality.

5-      Make it cheaper: what are products or services that are considered to be premium? Can you provide a similar service or product with a considerable cheaper cost?! Have you noticed that a wireless keyboard cost at least $100? Can you make it $20?

6-      From Industry to Consumers: Have you noticed that there are some products that are only available at industrial level where only companies enjoy such products at high cost? Can you make that product cheaper to consumers with many of the same features? As an example, 3D Printing has long been available for industries to use! However, only recently that some people committed to themselves to make such luxury available to ordinary people!  

7-      New Trends: what changes in technology, norms and demography happen to be around you? Are people in your community suddenly started to more consider their personal health? Can you use that trend to produce new products or provide new services? What new products can you provide given the trend of mobile technology? The Internet of Things? Etc…

8-      Manipulate existing attribute of a product: what attribute do marketers give to smartphones?! Size, weight, battery life, screen display, processing power, etc. Now, which of those attributes can be eliminated, reduced or raised above expectations? What new attributes can be introduced into the smartphone industry?       

Hope you have enjoyed the topic! Now that you know those techniques, how about you inspire us with ideas in the Ideas Bank!

TforDesign Team
Suggested Reading for more information: Innovation Tournament.



 


Comments

Tayseer
01/10/2014 11:24pm

Thanks a lot for the post! Those are great techniques!!

Reply

The center is incorporating your place inside each and every one you're showcasing piece. on one occasion you contain wedged visitors thought by means of your draw round, you're publicity communication be the method in the direction of inspirational them near stay alert get in additional concerning your association plus come again? You transport in the direction of the bench.

Reply
12/28/2016 8:08pm

Nice post here! I am truly impressed that you have started your post from why genuine traffic matters. Although there are many traffic generation techniques, the most important thing is to choose the right ones to get the right and genuine traffic. I have seen many websites with a huge link-building, but they failed to achieve traffic as required because of the fact that they have chosen wrong platforms to make links and hence doesn't provide any traffic. Thanks for sharing these tips with us. I will definitely share this with my colleagues at work!

Reply
11/20/2016 2:23am

Can I use or share this methods? They are looking like very useful methods which are really helpful!

Reply

I am hunting more inventive thoughts down numerous days however I have not make them energize data about development then subsequent to perusing your post I am so awe your work and accomplish numerous instructive thought. A debt of gratitude is in order for sharing this sort of web journals and posts.

Reply

Your article is really impressive and contain a realistic element. Thanks for sharing your idea with us.

Reply
12/22/2016 5:37am

Essay samples are easily available now on amazon. Here you can use your kindle device to read these samples and give them a worth to be there.

Reply
12/23/2016 1:17am

TV Portal is an app that lets you watch the latest movies and TV shows on your phone or tablet for free (similar to Show Box, Popcorn Time, HD Cinema, or Sky HD). Connect TV Portal to a Chromecast and stream videos to your television.

Reply
12/23/2016 1:18am

I'm really fond of Spanish content (i'm Korean but i really relate to it for some reason). It's hard to find it on most of the commonplace apps, so I use You Pelis.

Reply
12/23/2016 1:18am

The love of my life is Bollywood, and there's no better app to use for it than Hotstar. It's a little rough around the edges, but there's just no better app that streams those movies and soap operas legally

Reply
12/23/2016 1:18am

I really prefer Mobdro over most other apps. It's a lot less hassle than most alternatives proposed. I see your point though.

Reply
01/02/2017 10:13pm

The cellphone market is wide with plenty of alternatives to your consideration and each one offering something different from the following. it could be a daunting undertaking deciding on the great cellular tool, especially when going for high quit mobile gadgets that have very particular functions to make your user experience fine and exciting. check out this website displayverzekering.nl to know about ipad displays.

Reply
01/13/2017 3:40am

Thanks for sharing your idea with us and we need to implement these idea for growing our business.

Reply

Your article is really good and it is very useful for small businessman.

Reply
05/18/2017 6:46am

Small business owners and entrepreneurs are good at working on their own and thinking outside the box. When things aren't working though, we are not good at something which, if left unchecked, can destroy our business - asking for help.

Reply
05/31/2017 2:54am

http://latestsarkarinaukri.in/category/up-seat-alotment/

Reply
06/19/2017 2:10pm

Good work by the blog writer! such a nice and informative article keep sharing more articles.

Reply



Leave a Reply