What steps need to be taken in order to implement a custom product type?

Q. What steps need to be taken in order to implement a custom product type?

– product types config…..

<catalog>
<product>
<type>
<configurable translate=”label” module=”catalog”>
<label>Configurable Product</label>
<model>catalog/product_type_configurable</model>
<price_model>catalog/product_type_configurable_price</price_model>
<composite>1</composite>
<allow_product_types>
<simple/>
<virtual/>
</allow_product_types>
<index_priority>30</index_priority>
<price_indexer>catalog/product_indexer_price_configurable</price_indexer>
</configurable>
</type>
</product>
</catalog>

class Magestore_Newmodule_Model_Product_Type_Simple extends Mage_Catalog_Model_Product_Type_Simple

 

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