Challenges in new product development

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CHALLENGES IN NEW PRODUCT DEVELOPMENT

Transcript of Challenges in new product development

Page 1: Challenges in new product development

CHALLENGES IN NEW PRODUCT

DEVELOPMENT

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• Changing customer needs

• New technologies • Increased domestic

and foreign competition

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Cooper and Kleinschmidt have found that the number one factor determining the success of a new product is a Unique,

superior product.

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• http://www.rgbstock.com

• http://www.gratisography.com

• http://pixabay.com

• http://www.fontsquirrel.com

• http://www.dafont.com

• http://www.awwwards.com

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Created by Sonal Choudhary , IIT BHU , during an internship by Prof. Sameer

Mathur , IIM Lucknow. www.IIMInternship.com