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ABOUT
NEW APPROACH
New Approach Development, LLC was established in 1991
as a new product development company for the toy industry. New
Approach has since broadened its areas of industry specialization and
extended its services to include New Product Exploration, Product Development,
Market Research, Strategic Planning and Keynote Presentations.
Products
- Markets - Services - Clients - About the Founder - History - Location
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PRODUCTSd
continues to support:
2000 American-Craft.com
1999 Westwater
Enterprises' DuraSlate Toner Plastic's Natural Knots
1998 The
Real Boss' Pet Line Toner Plastic's
Poseable Pals Plaid's Mosaics
1997 Westwater
Enterprises' The Bean Scene
1996 Sweet Antiques' Glass Crafting
1995 Plaid's Faster Plaster
1994 Distlefink's
Candle Magic
1993 Distlefink's
Hot Tape
In addition to independent inventing and strategic consulting, New
Approach Development has consulted on
the development, research and marketing for 50 new product lines since
March of 1993.
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MARKETS
New
Approach Development has also been a lead company
in new channel exploration as a pioneer in securing distribution
for craft products in the club store, TV, home center, toy and most
recently Japanese markets.
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CLIENTS
New
Approach Development's clients have included: Agriturf, Inc.; Bucilla;
Distlefink
Designs, Inc; Hasbro, Inc.; New Boston Systems, Inc.; Nextech, Inc.;
Plaid Enterprises, Inc.; Rubbermaid, Inc.; Schmid, Inc.; Sweet Antiques
Gallery, Inc.; Toner
Plastic; Westwater Enterprises and Waterwear, Inc.
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ABOUT
THE FOUNDER
Prior
to New Approach Development, LLC, Peter Russo was the Director of
New
Product Development for Tulip Productions and Product Manager for
Welch's. He
received his original product development training at Fisher-Price
Toy and Quaker
Oats Foods divisions. New product introductions under his management
included
Tulip ColorPoint Stitch, Welch's Totally Fruit, Quaker Fruit Chewy
Granola Bars and
Fisher-Price Preschool
Sports.
Peter
has an MBA in Marketing and a BS in Finance. Peter has served on
the Board of Directors for the Association of Crafts & Creative
Industries(ACCI) and contirbutes to numerous publications and television
programs.
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HISTORY
Q.
When was New Approach Development established?
A.
New Approach Development, LLC was established in 1991.
In addition to independent inventing and strategic consulting, New
Approach Development has consulted on the development, research
and marketing for 50 new product lines since March of 1993.
For an overview of product history, refer to Products.
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LOCATION
Q.
Where is New Approach Development, LLC located?
A. Based in Bedford, MA, New Approach operates all over the
world, primarily in North America and Asia.
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