product design Flashcards

1
Q

what’s product design?

A

the process of creating new products or services for firms to sell.

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2
Q

what will businesses who are good at product design also good at?

A

Researching new products, good at developing them and good at coming up with new and innovative ideas that customers will buy.

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3
Q

what’s product differentiation?

A

making your product different to your competitors’ products.

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4
Q

what’s a product/ service’s unique selling point (USP)?

A

it’s the part of the product or service that’s different to anything else in the market
e.g Tesla’s USP is that their cars run on electricity rather than petrol or diesel.

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5
Q

How is brand image or product image important to a business?

A

it can differentiate products from competitors’ products

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6
Q

which three aspects does a business usually have in mind when producing a product ?

A

function, cost and aesthetics.

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7
Q

what’s ‘function’ when it comes to producing products?

A

the way a product works (including the different aspects of how it works)
e.g when designing a speaker you’ll need oto think about if it’ll be bluetooth or wireless and is so how much will it cost.

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8
Q

what’s ‘cost’ when it comes to producing products?

A

product design and its features affect how much the product will cost to make so then price is an important consideration when designing a product.

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9
Q

what are ‘aesthetics’ when it comes to producing products?

A

product image (or the way a product looks) can make a product stand out from the competition, but it also has an important impact on the overall brand image of the business.

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10
Q

why’s brand image important?

A

because it’s essentially the reputation of the business. This isn’t just important for selling the product but also for selling the business’ other products ad services.

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11
Q

The Monzo banking app works like many larger banks, but their products are very nice to look at. Which component of the design mix are they focusing on?

A

Aesthetics

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