Course Schedules

Classroom 6 Sessions
Online / Live
Live

No dates scheduled

Introduction

Innovating Products: Invent, Justify and Market Training Course is designed to help professionals develop successful technical innovations that achieve strong commercial outcomes. Many new products fail not due to technical weakness, but because of insufficient market understanding at the early stages of development.

This Product Innovation and Marketing Course focuses on building a market-driven approach to innovation, ensuring that ideas are evaluated based on real commercial potential. Participants will learn how to assess market needs, competitor positioning, and customer impact before progressing with product development.

The course also guides participants in building strong business cases, securing stakeholder support, and designing effective go-to-market strategies. By combining innovation with structured market thinking, professionals can significantly improve the success rate of new product launches and long-term product performance.

What are the Goals?

Product Innovation Training Course equips participants with the practical skills required to develop, justify, and successfully launch new products in competitive markets.

By attending this training course, participants will be able to:

  • Adopt a market-focused mindset for product innovation
  • Identify commercially viable product opportunities
  • Evaluate market, customer, and competitor impact effectively
  • Ask the right questions during product development stages
  • Build credible and structured business cases for new products
  • Develop effective go-to-market strategies
  • Define marketing plans for successful product launches
  • Improve decision-making in product investment and approval

Who is this Training Course for?

Innovating Products Training Course is designed for professionals involved in product development, innovation, and marketing who are responsible for bringing new products to market successfully.

This training course will greatly benefit:

  • New product innovation team members
  • Research and development engineers
  • Product managers and project managers
  • Product development directors and managers
  • Marketing professionals involved in product launches
  • Senior managers evaluating new product business cases
  • Entrepreneurs seeking funding for new innovations
  • Decision-makers responsible for product investment approval

How will this Training Course be Presented?

Product Innovation and Marketing Training Course uses an interactive and practical learning approach to ensure participants can apply innovation principles effectively in real business scenarios.

The course combines instructor-led sessions with case studies, group discussions, and hands-on exercises. Participants will explore real product development challenges and learn how to evaluate ideas from a market perspective.

Practical activities focus on building business cases, designing go-to-market strategies, and developing structured marketing plans. Participants will also work on assessing market potential, defining value propositions, and planning product launches.

This approach ensures participants gain both technical understanding and commercial insight, enabling them to innovate effectively, justify product investments, and successfully market new products.

Course Content

Day 1

How to Make Technical Innovation Succeed Commercially in the Market

  • Making technical invention work commercially
  • Why a market-focused approach to innovation is essential
  • What you should know about the market and why
  • Market impact
  • Customer impact
  • Competitor impact
Day 2

How to Make Technical Innovation Succeed Commercially in the Market

  • Market stakeholder impact
  • Estimating the size of the potential market for a new product
  • Discovering what must be achieved for a new product to succeed in the market
  • Prioritizing market key success factors
  • Assessing the organization's capability to succeed in the market
  • Impact of a new product on the product portfolio
Day 3

How to Build a Credible Business Case for a New Product

  • Understanding the stage-gate product development process
  • Using a 'Dragons Den' approach in the stage-gate process
  • How to construct a credible business case
  • What a business case should contain and why
  • How to present a business case
Day 4

How to Create a 'Go to Market' Strategy and Plan for a New Product

  • Strategy and how it works in a market
  • Setting market objectives for a new product
  • Defining the 'go to market' strategy for a new product
  • Specifying target groups and positioning the new product
  • Constructing an integrated marketing mix for a new product
  • Defining the new product, its value proposition and its role in the portfolio
Day 5

New Product Marketing Plan – Continued

  • Determining the pricing strategy for the product
  • Specifying the marketing communications tools and messages to promote and sell the product
  • Managing distributors to win preference for the new product
  • Applying the marketing solutions mix
  • Scheduling the plan and applying resources
  • Specifying the budget and financial outcomes
  • Contingency planning

The Certificate

Recognition
  • Anderson Certificate of Completion for delegates who attend and complete the training course
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