I would recommend you should read the below-mentioned blog for the best guidance and implementation.
However, there are 10 main stages that you should keep in mind
- Idea Generation
- Idea screening
- Concept Testing
- Product Prototype
- External Refinement and Testing (Beta Test)
- Perfect the Design and Prepare for Production
- Prepare for Potential Issues and Solutions
- Commercialization
- Post Launch Activities
- Review the Performance of New Product