Lean Product Development

Create products efficiently and effectively

A lean sales-ready product development is a methodology that focuses on creating products efficiently and effectively, with a strong emphasis on customer value and waste reduction. It’s about maximizing the value-added portion in any process. Lean as applied to the new product development process examines the entire value stream, and asks this question: “How much of what we’re doing truly benefits end users or customers?” Any work that does not produce a benefit to stakeholders is regarded as waste and should be cut to the absolute minimum.

A Lean Sales Ready Product development technique converts the prospective customer into paid customer quickly. It shortens your sales cycle, ramps up your revenue, and points you towards market leadership.

In essence, lean sales-ready product development helps businesses create high-quality, customer-focused products efficiently and cost-effectively, giving them a competitive edge in the market.

Building a sales-ready product is a dynamic and iterative process that requires collaboration, strategic planning, and a deep understanding of customer needs. We evaluate what work for activated customers vs. didn’t work for churned ones. Shorten the time to value and find what is barriers for high activation. To transform your product into a lean Sales Ready Product, we unify Engineering, Product Design and Sales teams.  We do first-hand customer research and have inventory of customer objections. Understand clearly what matters most to customers and what you can ignore. Create a qualification list of the right initial customers. We enable your organization to build a sales-ready product which involves several key steps to ensure that the product meets customer needs, stands out in the market, and is ready for a successful launch.

Bizleat's goal to build lean product and avoid waste for your organization

  • Know Your Customer’s Pain - We engage with prospective customers to uncover what kind of solution they needed. We create and share with them wireframes, data sheets, and presentations to gather their early feedback on the product.
  • Create an Inventory of Objections - Along with the detailed reports from his scouting sessions, we create an Inventory of Objections. Then we solve for what matter most to them.
  • Know What Matters – Keep the feature out of the product is as important as keeping it in. The only objection that passes contains no granular application visibility, no redundancy or failovers, and data path for proven products.
  • Establish the Right Beachheads - Your beachhead customers will be those where the product-market fit is strongest. With specific qualifications for your beachhead customers, you won’t waste your time chasing worthless leads.
  • Product Superpower and Action Matrix - Along with a mix of “good enough” features with at least one leading use case that the customer would absolutely love.
  • Build the right Product Design – Remove any frictions that customers could possibly face to test, buy, or accomplish their job. We evaluate design by measuring actual impact on customers situation.

Use Cases

  • Technology Products: Ensuring that a new app or software is not only functional but also market-ready with features that resonate with the target audience. This includes user-friendly interfaces, scalable infrastructure, and robust customer support.
  • New Financial Products: Developing and launching new financial products such as credit cards, loans, or investment services with tailored marketing campaigns and customer support to drive adoption.
  • Fast-Moving Consumer Goods (FMCG): Launching new products with well-defined marketing strategies, packaging, and distribution channels to maximize reach and sales efficiency.
  • Healthcare Medical Devices: Developing sales-ready medical devices involves rigorous testing, compliance with regulatory standards, and effective training for sales teams to communicate the benefits to healthcare professionals.
  • Retail New Store Opening: Planning and executing the opening of a new store with a well-stocked inventory, trained staff, and promotional activities to attract customers and drive initial sales.
  • Software as a Service (SaaS) Feature Rollout: Developing new features for existing software solutions that address customer pain points, along with training for sales teams to effectively demonstrate the value to potential customers.
  • Fashion Seasonal Collections: Launching new fashion collections with marketing strategies, supply chain logistics, and sales tactics that ensure a successful season.
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