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Post by MimJannat99 on Oct 29, 2023 5:17:03 GMT
A broader concept is product marketing strategy ) is used to introduce a new product or service to the market. It also includes presenting new possibilities of items and services or emphasizing the benefits of using them after modification or improvement. Below are some important aspects that must be considered for a successful product development strategy. A response to customer expectations Product development strategy in a changing market environment. Marketing communication channels Suppliers subcontractors. Market position Mission and preferred values vs. product development strategy On what to base the competitiveness of the product? Product development strategy - elements photo editor Product development strategy - stages How to keep a customer? Effective help in brand building What is a development strategy. For a product, it can be, for example, a new label, a more ergonomic shape or improved safety conditions for using a given device. For the service, it may be its modification or a significant extension of the scope, for example in tourism by the possibility of using the treatment base or renting a vehicle. These are well-thought-out and planned actions aimed at increasing the benefits for the offerer and the recipient. A response to customer expectations The concept of product development should be preceded by a thorough recognition of the customer's expectations. After all, customer satisfaction is the most important thing.
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