Week 13 Developing and Managing Products

Developing and Managing products is a very intuitive aspect of our business. When we acquire a New product we introduce it to the public as best we can by stating the function and varying features of the item. As retailers we deal more with the Managing aspect of the marketing circle, We leave the developmental stage to our distributors such as Skunk2, Password Jdm, Hybrid Racing, etc. They count on us to manage the product and provide customer feedback on the product. We are currently allocating a restrictive design for high quality Honda/Acura Lower Control Arms complements of Skunk2. Brainstorming is always the most extensive and challenging part of our days, We conjure up new ideas for promotional merchandise that all of our consumers will enjoy and it only works towards the benefit of the business and the satisfaction of our customers. Screening without a doubt is the first stage in product development, Any inconsistency in the product at hand receives its first and final fine tune. The product then goes through a concept test that allows us to analyze whether or not the product is doing exactly what we would like it to be doing and if there were any remaining inconsistency in the structure of the product. Once all the preliminary studies are completed we proceed with Simulated market testing which allows us to obtain feedback from members of the targeted market.Commercialization usually goes into affect immediately after the simulation for the simple fact that we always meet the consumers desires. V Race Works is currently enhancing the product line by adopting K Tuned products and as a result experiencing a massive growth stage as a company.