How to make a product prototype for your idea?

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How to make a product prototype for your idea?
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• Many entrepreneurs who are new to the startup
  circuit often wonder how to make a product
  prototype.  
• Prototyping falls somewhere between the
  formulation and evaluation of an idea during your
  product lifecycle.
• Many experts will give you different advice about
  how to make a product prototype.
• Basically, the prototype for any a product is
  created as an early sample or a raw version of
  an application in order to translate theoretical
  ideas into real specifications.
• The process of building a product includes
  several steps to reach a final level of
  production that is  fit for consumption by the
  target audience.

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• No product turns out perfect on the first
  iteration.
• A prototype also helps to to identify user pain
  points and provides a blueprint for improving the
  digital product based on user feedback.
• Strategically as well, this is a great move.
• Prototyping serves as a time-saving and
  cost-effective strategy to get feedback and make
  changes at an early stage before you have spent a
  ton of money on marketing the product.

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• If you are wondering how to make a prototype of
  your idea, consider the following steps
• Review competing products
• Every business has competitors that may already
  be selling similar products on the market while
  you are still at the conceptualization stage.
• Many novice entrepreneurs see this as a
  disadvantage, but it can also be an advantage if
  you know how to harness your competitor research
  in a focussed manner.
• If you can conduct strong competitive research
  and study the current market, you will be able to
  find ways to improve upon their products and add
  value-adding features to your products that your
  competitors may not even know about until your
  product hits the market and captures a portion of
  their customer base.

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• A word of caution here -  know your competitors
  products and be inspired by them but dont copy
  their designs.
• Imitation will not only put you at risk for
  litigation, customers will also dismiss you as a
  spin-off. 
• Consider the competition but create your own
  original product!

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• Make a sketch of your product
• Sketching down your ideas on paper can be a step
  forward to convert them into reality.
• There may be a jumble of ideas and concepts
  inside your brain. Putting them down on paper
  helps you clearly define your product, its
  features and its ultimate purpose.
• Also, by the time you on-board a designer, you
  already know exactly what you want, so you will
  be able to communicate it better.
• Creating a prototype will require detailed work
  and precise descriptions.

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• Develop a rough virtual prototype
• Once your ideas have been converted into design,
  you can start developing a tangible prototype.
• This is where designer-developer collaboration is
  crucial.
• If you have done a good job conveying your ideas,
  the designer has done a good job translating
  these ideas into designs, then the developers
  will be able to code the the product to your
  exact specifications.

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• Create a high-fidelity prototype
• A physical prototype is a high-fidelity model of
  your final product.
• This is similar to the first-cut version except,
  there are more features and tweaks to optimize
  user experience.
• Such high-fidelity renditions carry a higher cost
  as well, so if you are bootstrapping, you need to
  really think long and hard about whether your
  product really needs a high-fidelity mock-up.

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Thank You!