In this episode we talk about the types of new products. There are 6 types of new products ranging from new to the world products like the first digital camera. Also new to the firm product which is an existing product in market but the first produce it for the first time. Addition to existing product lines as adding liquid detergent to already existing powder ones. Also improvements to existing products, repositioning and cost reduction
In this episode we talk about the types of new products. There are 6 types of new products ranging from new to the world products like the first digital camera. Also new to the firm product which is an existing product in market but the first produce it for the first time. Addition to existing product lines as adding liquid detergent to already existing powder ones. Also improvements to existing products, repositioning and cost reduction