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Introducing a new product into the market is called.

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gauravsingh23VT

Introducing a new product into the market is called commercialization. The procedure for introducing a new product to the market for initial sale.

What is commercialization?

The process of bringing new products or services to market is known as commercialization. The commercialization process encompasses all aspects of a new product or service's development, distribution, marketing, sales, customer service, and other vital services.

Thus, commercialization is the introducing new product.

For more details about commercialization, click here

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