Stages in new product development

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Stages in new product/service development

Transcript of Stages in new product development

Page 1: Stages in new product development

Stages in new product/service development

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Idea Generation

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Idea Screening

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Business Analysis

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Market Testing

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Commercialization

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Recap-Stages in New Product Development

• Idea Generation• Idea Screening• Concept Development and Testing• Marketing Strategy Development• Business Analysis• Product Development• Market Testing• Commercialization

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References

• Marketing Management, Kotler Keller• www.cyzoom.nl• shiftone.co.za• shrubtechnology.com• www.kiwinet.org.nz• 13thirtyone.com• www.tmac.org• www.slmsc-project.eu

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Disclaimer

Created by S Varadharajan, IIT Madras, during an internship by Prof. Sameer Mathur, IIM Lucknow.

www.IIMInternship.com