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Entrepreneurship

Design Solutions

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Design Solutions

The three design solutions that can improve an existing product is improving packaging, adding new features, or improving the existing features of the product. Adding new features involves expanding the scope of the product. Adding nuts to cookies improving the existing features consists in making the existing features of the product better, for instance, making the cookies more crunchy and delicious. Improving packaging involves making the package more attractive or convenient than it previously was. For example, instead of packaging the cookies in a paper, the cookies can be packaged in a beautiful plastic box that can be reused.

The advantage of adding new features is that they attract new customers and gives the company a  competitive advantage. However, not all customers might like a new product. The product may also not turn out as expected. It may end up being rejected in the market. Improving existing product features could increase the quality of the product and attract more customers. A company can also build a competitive edge. However, product improvement may be more expensive for the company. The company may also be forced to do away with the existing product as customers will prefer the new product. Improving packaging gives the product a new look and attracts more customers. Through improving packaging, the company can practice sustainability by introducing environment-friendly packaging. However, some packagings will force the company to increase the cost of the product. Moreover, the company will be forced to remarket the product to alert the customers of the new look lest they will not purchase the product.

The advantage of adding new features is that they attract new customers and gives the company a  competitive advantage. However, not all customers might like a new product. The product may also not turn out as expected. It may end up being rejected in the market. Improving existing product features could increase the quality of the product and attract more customers. A company can also build a competitive edge. However, product improvement may be more expensive for the company. The company may also be forced to do away with the existing product as customers will prefer the new product. Improving packaging gives the product a new look and attracts more customers. Through improving packaging, the company can practice sustainability by introducing environment-friendly packaging. However, some packagings will force the company to increase the cost of the product. Moreover, the company will be forced to remarket the product to alert the customers of the new look lest they will not purchase the product.

The advantage of adding new features is that they attract new customers and gives the company a  competitive advantage. However, not all customers might like a new product. The product may also not turn out as expected. It may end up being rejected in the market. Improving existing product features could increase the quality of the product and attract more customers. A company can also build a competitive edge. However, product improvement may be more expensive for the company. The company may also be forced to do away with the existing product as customers will prefer the new product. Improving packaging gives the product a new look and attracts more customers. Through improving packaging, the company can practice sustainability by introducing environment-friendly packaging. However, some packagings will force the company to increase the cost of the product. Moreover, the company will be forced to remarket the product to alert the customers of the new look lest they will not purchase the product.

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