Inspiration and Product Creation

Gain advanced abilities in defining the core customers for a new product or entrepreneurial venture

This module provides students with advanced methods and frameworks for understanding customer needs, and for translating those needs into a program of research and product development that can be used to create a successful new product or service. It equips students with skills to generate new product hypotheses, to research the potential of a new product or entrepreneurial venture, and to adjust the product offering to fit the needs of customers. This module instills the all-important distinction between a ‘bright idea’ and a ‘business opportunity’ in new product creation.

Using disciplined methods of customer and market analysis, students will gain advanced abilities in defining the core customers for a new product or entrepreneurial venture.

Students will study the complex combination of factors that influence customers to adopt a new product or service. They will gain a comprehensive understanding of what makes entrepreneurial selling unique, and why it is valuable to integrate key aspects of selling and marketing activities in a new venture. Students will learn how to select potential customers through data collection, including customer interviews, and students will learn how to analyse that data to refine a product offering.

    Application requirements

    Candidates who apply for this course must have either

    • an MQF 6 level degree and at least 3 years of post-qualification experience, including management or supervisory experience;
    • or have at least 7 years of executive business management experience with an MQF 5 qualification.
    • English language competency at an IELTS 6.5 (or equivalent) is required of all applicants.
  • Accreditation: ECTS Accredited (EQF7)
  • Total workload: 250 hours
  • Requires extra purchases (outside texts, etc.): No, all materials included
  • ID verification: Required
  • Admission requirements: Application required
  • Minimum education requirement for students: Undergraduate