At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Discover in-depth answers to your questions from a wide network of experts on our user-friendly Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Sagot :
The new product development strategy should be compatible with the objectives of the marketing department, the business unit, and the corporation.
The conceptualization, design, development, and marketing of newly produced or recently rebranded goods or services are all steps in the process known as product development, sometimes known as new product management.
By meeting a consumer's need, product development aims to cultivate, maintain, and grow a company's market share.
A product's target market must be established early in the product development process because not every product will appeal to every customer or client group. At every stage of the design process, including before the product or service is conceptualized, during the product's development, and after it has been released, quantitative market research should be carried out.
Learn more about product development here:
https://brainly.com/question/16760106
#SPJ4
Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.
