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explain the meaning of new product​

Sagot :

ArionChase2018idn

Answer:

The alternative expression for new-to-the-world products (really new products) already indicates that this is what most people would define as a new product. These products are inventions that create a whole new market.

Explanation:

Yan po

Moryotkah14idn

Answer:

New product development (NPD) is the process of bringing a new product to the marketplace. Your business may need to engage in this process due to changes in consumer preferences, increasing competition and advances in technology or to capitalise on a new opportunity.

Innovative businesses thrive by understanding what their market wants, making smart product improvements, and developing new products that meet and exceed their customers' expectations.

'New products' can be:

products that your business has never made or sold before but have been taken to market by others

product innovations created and brought to the market for the first time. They may be completely original products, or existing products that you have modified and improved.

Explanation:

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