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These 39 chapters are used in this document:
Cover Letter, Title Page, Table of Contents, Introduction, Executive Summary, Goals and Objectives, Competitive Analysis, Benefits, Features, Accessories, Product Visuals, Product Development, Research and Development, Prototyping, Design, Ergonomics, User Experience, Documentation, Resources, Materials, Requirements, Specifications, Suppliers, Equipment, Manufacturing, Packaging, Production Plan, Production Schedule, Launching, Licensing, Market Demand, Marketing Plan, Product Cost Summary, Breakeven Analysis, Recommendations, Next Steps, Company History, Company Operations, Back Page
This template, built by the Proposal Kit software, is 100% human-written content.
We include this 39 page layout with Proposal Pack. Create variations of this document of any length to suit your specific needs—Order and download.
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( Design themes, color schemes, fonts, and images are all customizable )
Aside from the great number of templates and modifiable pages (depending on which pack you purchase), the Wizard allows a tremendous amount of time savings in gathering all the templates together. An example would be including a Cover letter, Estimate, Non-Disclosure, Statement of Work and Contract and Terms. The Wizard is capable of pulling all these templates together into one document with the same proposal, contract or project theme."
There is no one-size-fits-all template for a new product idea proposal. Proposal Kit templates can be customized as needed to fit any situation using the extensive chapter template library. Here are some key chapters typically included in this type of template. Use this template as your starting point and customize it as needed using the software included with each Proposal Pack or the Professional bundle.
The Cover Letter offers a personal touch, introducing the proposal and highlighting the key aspects of the new product idea. It aims to capture the reader's interest right from the start, setting the stage for the detailed information to follow.
The Introduction provides an overview of the proposal, outlining the purpose and importance of developing and launching the new product. It sets the context and tone for the entire document.
The Executive Summary encapsulates the main points of the proposal, including the product concept, market potential, and financial projections. It's designed to give a quick but comprehensive view for decision-makers.
The Product Cost Summary details the expected costs associated with developing, manufacturing, and marketing the new product. This includes everything from raw materials to labor to marketing expenses.
The Next Steps section outlines the immediate actions required to move forward with the product development. It provides a clear roadmap for the initial phases of the project.
The Competitive Analysis examines the current market landscape, identifying potential competitors and analyzing their strengths and weaknesses. This helps to position the new product effectively.
The Goals and Objectives section defines the specific, measurable targets that the company aims to achieve with the new product. This includes market share, revenue goals, and other key performance indicators.
The Benefits section highlights the advantages that the new product will offer to customers and the company. This can include improved efficiency, cost savings, or unique features that set it apart from existing products.
The Features section provides a detailed description of the product's attributes, including its design, functionality, and any innovative aspects that make it unique.
The Production Plan outlines the steps and processes involved in manufacturing the product. This includes sourcing materials, production methods, and quality control measures.
The Marketing Plan describes the strategies and tactics that will be used to promote the new product. This can include advertising, public relations, social media, and other marketing channels.
The Prototyping section discusses the development of an initial version of the product. This is important for testing and refining the product before full-scale production begins.
The Design chapter focuses on the aesthetic and functional aspects of the product. It covers elements such as appearance, user interface, and overall usability.
The Product Development section details the entire process of bringing the product from concept to market. This includes research, design, prototyping, testing, and final production.
The Launching section outlines the plan for introducing the product to the market. This includes timing, target audiences, and initial promotional activities.
The Licensing chapter covers any legal considerations related to the product, such as patents, trademarks, and permissions needed to develop and sell the product.
The Market Demand section analyzes the potential customer base and their interest in the new product. This involves market research and data to support the product's viability.
The Production Schedule provides a timeline for the manufacturing process, detailing each phase from initial development to final production.
The Documentation section includes all necessary paperwork, manuals, and guides related to the product. This ensures that all stakeholders have the information they need.
The Resources chapter lists the human, financial, and technical resources required to develop and launch the product.
The Materials section details the raw materials and components needed for production. This includes suppliers and cost considerations.
The Equipment chapter outlines the machinery and tools required to manufacture the product.
The Manufacturing section provides a detailed overview of the production process, including location, methods, and any partnerships involved.
The Packaging chapter discusses the design and materials used for the product's packaging, ensuring it is both functional and appealing.
The User Experience section focuses on how customers will interact with the product. This includes usability, accessibility, and overall satisfaction.
The Ergonomics chapter examines the human factors related to the product, ensuring it is comfortable and easy to use.
The Specifications section details the technical and functional requirements of the product, including dimensions, performance criteria, and standards.
The Requirements chapter outlines all necessary conditions and criteria that must be met for the product to be successfully developed and launched.
The Breakeven Analysis calculates the point at which the product will become profitable, considering all costs and revenue projections.
The Recommendations section provides expert advice and suggestions for successfully developing and launching the product.
The Company History chapter offers background information on the company, highlighting its experience and capabilities relevant to the new product.
The Research and Development section details the R&D activities undertaken to develop the product, including any innovations or breakthroughs.
The Product Visuals chapter includes images, diagrams, and other visual aids to help illustrate the product concept and design.
The Accessories section covers any additional items or complementary products that can enhance the main product.
The Company Operations chapter provides an overview of the company's day-to-day activities and how they support the new product development.
The Suppliers section lists the key suppliers and partners involved in providing materials and components for the product.
This document can be used in many contexts and has various uses depending on the needs. Depending on your situation, customize the chapter list as needed using a Proposal Pack or the Professional bundle.
The New Product Idea Proposal may also be referred to in different ways or be used in more specialized situations, such as:
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Cover Letter, Title Page, Table of Contents, Introduction, Executive Summary, Product Cost Summary, Next Steps, Competitive Analysis, Goals and Objectives, Benefits, Features, Production Plan, Marketing Plan, Prototyping, Design, Product Development, Launching, Licensing, Market Demand, Production Schedule, Documentation, Resources, Materials, Equipment, Manufacturing, Packaging, User Experience, Ergonomics, Specifications, Requirements, Breakeven Analysis, Recommendations, Company History, Research and Development, Product Visuals, Accessories, Company Operations, Suppliers, Back Page
You can create this document using any of the logo-designed Proposal Packs. Pick any Proposal Pack with a logo design theme you like best; they will all work equally well. The Proposal Pack for Any Business is the pack with no extra added logos or colors - designed to be used plain or for you to customize with your logos and graphics.
The Proposal Pack design theme you purchase will determine the visual look of this template. The screenshot above only shows the plain generic design theme. Names and stories in examples are fictional; however, the templates are from real client use cases.
We include a library of chapters to be assembled based on your needs. All proposals are different and have different needs and goals. We designed Proposal Pack so you can customize the documents to suit your needs.
You will best create this document using the Proposal Pack Wizard - Expert Edition software to select this template and build it in the Proposal Pack logo design theme of your choice along with any desired customizations (such as adding additional chapters, removing unneeded chapters, changing the order of chapters, and importing your company logo). This template outlines a proposal for the described situation. Each user is responsible for typing in the actual content of the provided pages with their information to complete the proposal.
You create this template using the Wizard software with an entire Proposal Pack library and software. We include the Expert Edition of the software in the Proposal Kit Professional bundle. Microsoft Word for Windows is required to use the customizing software.
You can also edit Word document templates in other office software such as Word for Mac. We will assist Mac users in assembling this template - New Product Idea Proposal - for their first project if they do not have the required platform to run the Wizard software.
We typically include more chapters in the templates than most people will need to give everyone more variety in the chapters they may need. You can trim down a long template by removing pages you do not need or combining multiple chapter topics into one page.
Many people find the Proposal Kit website after searching for a specific proposal. Once you've purchased and installed the software, how do you build that template you found in the first place? This video shows you how to build any proposal you see on the Proposal Kit website.