We use a lot of products every single day. From the shampoo that we use to the car that we ride in, these are all products that were manufactured by companies. You may not concern yourself with how it was made or what it is made of, but when you use them on a daily basis, you may want to learn about them a little bit more.
When wanting to learn more about a product, you may need to do a product analysis. Doing one would reveal things about it you never knew before. It is important to put the findings in a product analysis report. Check our Sample Reports where you can easily use to record your findings and observations.
Product Analysis Report Template
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Simple Product Cost Analysis Template
Product Analysis Report Format
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Food Product Analysis
What Is a Product Analysis Report?
In order to understand what a product analysis report is, we need to first define product analysis. A product analysis is a detailed examination of a certain product. It aims to provide the person examining the product with some important details about it. A product analysis report, then, is a document where all the things that were done during the analysis are recorded, together with the findings. They look just like any analysis reports. See Market Analysis Samples and Sample Business Analysis for additional guides on these types of documents.
Purpose of a Product Analysis
Product analysis are done in order to better understand them. When conducting one, you would need to carefully consider all things so that your results are as comprehensive as possible. There are many benefits to doing a product analysis. Doing so would provide you with a full understanding of the product as these analyses reveal things about the product you didn’t know before. A product analysis is done to
- determine how a product is made,
- analyze the makeup of the product (i.e., ingredients, concentration),
- analyze how the product could be improved, and
- compare differences between different brands of the product.
Example of Product Analysis
New Product Market Analysis
Product Design Analysis
Product Information Analysis
Factors to Consider in Making a Product Analysis
When conducting a product analysis, you need to be as comprehensive as possible. The results of this analysis are often the basis for decisions on what to do with the product, so you need to be thorough when making the analysis. You need to take everything into consideration so that you come up with a report that accurately analyzes the product you are examining. In this way, doing a product analysis is very much like doing a Comparative Market Analysis. Here are some things you need to take into consideration when making a product analysis.
- Physical attributes (e.g., appearance, color, weight, etc.)
- Cost of making the product
- Sensory observations (i.e., taste, texture, odor)
- Product composition (i.e., ingredients and their concentrations)
- Manufacturing techniques
We use quite a number of manufactured things every day. These products have become essential parts of daily life. It is important, then, that careful analysis needs to be done with them. When conducting a product analysis, you would need a proper format for recording the analysis that was done. Good thing we have sample product analysis reports that you can easily download for your own use.
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