How to develop a product that sells


If you're developing your big idea and wondering how to go from idea stage to building a minimum viable product, it's integral to understand the key concepts of ideation and utilising research and knowing your competitors. In this video, we will be exploring the fundamentals of developing a strong product that sells when developing your idea. Muhammad Malik from Towards Faith shares the key aspects of creative idea generation when building an MVP, the process of developing your idea, the importance of research and scope, and how to ensure your product is fit for market.


  • Understand the key aspects of how to develop your idea
  • Learn the key steps to turning your idea into a viable product that sells
  • Understand the importance of research and competitor analysis
  • Learn how to tackle the key barrier when in the ideation stage of starting your business

Read time:

15 mins

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Lloyds Bank Academy is committed to providing information in a way that is accessible and useful for our users. This information, however, is not in any way intended to amount to authority or advice on which reliance should be placed. You should seek professional advice as appropriate and required. Any sites, products or services named in this module are just examples of what's available. Lloyds Bank does not endorse the services they provide. The information in this module was last updated on 11th February 2022.