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"scripts": {
    "dev": "webpack-dev-server --config webpack.config.js --inline",
    "deploy": "webpack -p --config webpack.config.production.js"
},

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webpack -p --config webpack.config.production.js

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path: __dirname + '/deploy',

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webpack-dev-server --config webpack.config.js --inline

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new webpack.HotModuleReplacementPlugin()

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  {
    test: /\.jsx$/,
    loader: 'babel'
  }

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devServer: { hot: true },

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    devtool: 'eval',

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var webpack = require('webpack');
var HtmlWebpackPlugin = require('html-webpack-plugin');
var ExtractTextPlugin = require('extract-text-webpack-plugin');

module.exports = {
    devtool: 'eval',
    devServer: { hot: true },
    entry: ['./src/index.jsx'],
    output: {
        path: __dirname + '/dist',

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{
    "presets": ["es2015", "react"],
    "env": {
        "development": {
            "plugins": [["react-transform", {
                "transforms": [{
                "transform": "react-transform-hmr",
                "imports": ["react"],
                "locals": ["module"]
                }]