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In business, you need to continually adapt to market forces. You’ll rarely see a company that sticks to the same thing throughout its lifespan. You may start off with a particular product, but you soon add to it or change the product as you progress. This is because you discover new business avenues and markets to tap into. Plus, adding new products can broaden your reach and help you generate more revenue.
Naturally, the hardest part of adding new products is coming up with an idea. So, here are some revolutionary ideas that should give you some extra inspiration during your next brainstorming session:
Wearable technology has made a massive splash in recent times. This includes things like the Apple Watch, Fitbits, and more. In fact, the wearable market is expanding to other products like smart glasses, rings, etc.
These products are revolutionary because they offer something new to the market. Plus, if you click here, you’ll see that they use state-of-the-art manufacturing processes that didn’t exist in years gone by. So, that’s two things you can use as inspiration for your next idea; make sure it offers something new and different to the consumer market and take advantage of any new technology or manufacturing measures that can help you out.
Solar panels have been around for a long time, but they were revolutionary when they first burst onto the scene. Actually, we could include any renewable energy source here. But, solar panels are the best example as they’ve been brought into the wider consumer market. Nowadays, you can buy panels for your home, small generators with solar panels built into them, and even portable chargers that rely on solar energy.
Why should you use this as inspiration? Solar panels are a piece of green technology that improves the environment. As such, you could come up with a new product for your business that helps the environment in some way. This will make you a greener company, commanding more respect from others. At the same time, green products touch a gap in the market for consumers who want to try and lower their carbon footprint.
A bit of a strange one to end on, but arguably the most revolutionary idea of all ideas. The wheel completely changed the world. It gave people a new way of moving around and paved the way for other forms of transport afterward.
So, how will this provide you with inspiration for your business? It’s rather straightforward. The wheel is an excellent example of a simplistic idea. There’s nothing fancy about it, nothing crazy, it’s just a simple invention that impacts loads of people. So, take this into account when coming up with your next product idea – it doesn’t always have to be overly complex and technical. Sometimes, simplicity is the best approach.
Take inspiration from these three ideas when brainstorming for a new product idea. Make sure your product has a purpose, and that it aligns with your brand. There’s no point releasing a new product if it’s entirely different from all your others. It should still be similar, but there needs to be something that sets it apart from the rest and can target more customers.