How We Develop our Product

Our Product and Business Development Lifecycle is Modeled around the Lean Startup Methodology based on the Principle of Customer Development as against conventional Business Development.
By this Principle, SMAT will be working close to clients while executing our Product Development Process.

Ideation

  1. Explore Idea Generation
  2. Fill out Narrative Exploring Ideas
  3. Develop Storyboard
  4. Create Presentation for Steering Committee
  5. Test the nature of a Business Problem

Product Defination

  • Product Discovery Starts
  • Define Core Functionality
  • Understand Market Size and Revenue
  • Validate for Business viability
  • Define Product Foundation Requirements

Prototyping

  • Create Prototype
  • Create MVP
  • Market Research
  • Update Business Plan
  • Prototype Development

Detailed Design

  • Refinement of Prototype
  • Detailed Product Design
  • Confirmation of Business Plan and GTM plan
  • Scale through Customer Acquisition

Validation/Testing

  • Ensuring the Prototype works as Planned
  • Validating the Product in the eyes of the Customers
  • Testing the Viability of the Financials

Deploy

  • Feature Complete
  • Begin GTM Execution
  • Customer Success Invovlement
  • Product Launched