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  4. How do I launch a New Product in MikesBikes Accounting?

How do I launch a New Product in MikesBikes Accounting?

In MikesBikes you can choose to launch new products into new markets. This is how this is done:

Step 1: Create a New Project

Navigate to the Design and Development Menu and click on the New button. You will need to:

  • Enter a project name.
  • Specify Style and Tech specifications using the Perceptual Map on the right-hand side of screen. You should aim for the center of the circle of the target market.
  • A Prime Cost and required Expenditure will be automatically calculated on-screen. We recommend you don’t change these figures.

Click Apply and your project will be created.

Step 2: Launch your New Product

Once a rollover has been processed you can use your new project to launch a new product.

  • Go to the Products menu and then click on the Launch button.
  • Enter a name for your new product
  • Select the project from last year and click Apply.

Your new product is now available under the Products menu to set your sales and marketing decisions.

Related: Why is my project not showing?

Related: How do I modify my existing product?

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