Steps Involved in Product design and development-
Hypothesize- Study current and potential customers to see what they need and want.
Build- Design the interface, create and analyze user flows and build prototype.
Test- Refine based on feedback from your team, friends, family and beta testers.
Launch- Don’t mistake speed for precocity. Your product is ready when it’s ready.
Monitor- Some of the way you can use Market research, Competitive analysis, Product feedback and customer support.