Financial products Details

TitleKey questions that should precede new product development
AuthorWright, G.; Brand, M.; Northrip, Z.; Cohen, M.; McCord, M.; Helms, B.
Content LanguageEnglish (en)
Document Type
Date Of Publication2001
DescriptionThis briefing note (No.9 in the MicroSave-Africa series) outlines six essential questions that a microfinance institution should ask prior to setting about new product development. The six questions are:
  1. Are we starting product development to make our MFI more market driven?
  2. Are we setting about product development as a process?
  3. Can our MFI handle the strains and stresses of introducing a new product?
  4. Do we fully understand the cost structure of our products?
  5. Can we refine, repackage and relaunch existing products before we develop a new one?
  6. Are we falling into the product proliferation trap?

PublisherMicroSave
EditionFiche de synthèse
Series ID2001
Keywords MICROFINANCE,  PRODUCT DEVELOPMENT,  MARKET RESEARCH
Resource