Ahh… yes the creatives curse. Shiny-Object Syndrome. Aptly nicknamed “SOS”, Shiny Object Syndrome is just that, a shout into wild for serious help. Facing a bout of “SOS” typically means you’re well on your way to progress in any given task and all of a sudden, as if you’re curse, something sparkly catches your eye.
Those sparkly devils can be anything from a new graphic designer you found that may have been a better fit for your project, to a new brand name, a new idea for your first campaign, really anything new.
Now, don’t get us wrong here at TPP we love a creative burst, but the reality is when it comes to physical product development SOS, is not just going to cost you thousands of dollars but will also cost you time and energy.
Here’s how Shiny Object Syndrome can totally derail a physical product based business from launching on time and on budget:
New product founders often don’t realize that there are huge iteration windows in product development. You might be waiting 8-12 weeks from one sample to the next, depending on how complicated your tooling is and the type of product you’re manufacturing….that’s a lot of downtime, with tons of opprtunitues for SOS to steer you wrong.
So, how do we combat this slippery beast? We use a quick and dirty method called the Is/ Is Not Excercise.
The Is/Is Not Exercise will probably be the fastest thing you will do in your entire development journey. Still, it’s a very impactful exercise to help you reduce wasted time and money when faced with the shiny-object syndrome down the road.
The Is and Is not is done in the early stages of your development process. It’s essentitally a list of all the things that your product or brnad is, and is not. Sounds simple enough but trust us, when done properaly you should have a lost of 20-30 line items under each the “Is” and “Is Not” columns.
Easy enough right? Howver, the clarity that having this list will afford you is truly remarkable.
Here’s a real world example from a TPP client who came to us when they were thousands of dollars deep into development and had nothing to show for it. See if you can spot when the Is and Is Not excercise could have saved her!
Imagine this…. your product is shower caps, and you’re in your 8th week of working with the factory, and they have this innovation where they can weave fragrance into the shower cap's lining. Suddenly you’re considering adding this new thing to your product and running an extra sample with the fragrant shower cap. Before you know it, you’re months away from launching, and you have already spent thousands of dollars for just the samples.
Did you spot it… had her Is Not list clearly outlined “Not Fragranced” the temptation of the fragranced product line wouldnt have been an SOS moment.
This exercise is a core part of product development. You’re going to do this anywhere from apparel design, lingerie, electric vehicles, and more, regardless of what type of industry you’re in. You’ll still get a bit distracted during the development process, but doing the Is/Is Not Exercise will reduce the chances that you’ll lose too much time and precious investment dollars chasing the next hot thing.