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NEW PRODUCT DEVELOPMENT
What Is A New Product? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Product Development ,[object Object],[object Object],[object Object]
New Product Development Risks ,[object Object],[object Object],[object Object],[object Object],[object Object]
Why New Products Fail ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why New Products Succeed ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Product Success Factors ,[object Object],[object Object],[object Object],[object Object],[object Object]
Why Speed to Market? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Product Development Process Idea Screening Concept Development and Testing Marketing Strategy Business Analysis Product Development Test Marketing Commercialization Idea Generation
New Product Development Process IDEA GENERATION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Product Development Process SOURCES OF NEW IDEAS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Product Development Process CONCEPT TESTING ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Product Development Process BUSINESS ANALYSIS Review Product Sales, Costs, and Profits Projections to See if They Meet Company Objectives If Yes, Move to  Product Development  If No, Eliminate  Product Concept Source: Prentice Hall
Business Analysis WHEN TO STOP A BAD IDEA ,[object Object],[object Object],[object Object]
Product Development TESTING NEW PRODUCTS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Product Development Process TEST MARKETING Standard Test Market Full marketing campaign in a small number of  representative cities. Simulated Test Market Test in a simulated  shopping environment to a sample of  consumers Controlled  Test Market A few stores that have  agreed to carry new products for a fee Source: Prentice Hall

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New product develop

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  • 9. New Product Development Process Idea Screening Concept Development and Testing Marketing Strategy Business Analysis Product Development Test Marketing Commercialization Idea Generation
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  • 13. New Product Development Process BUSINESS ANALYSIS Review Product Sales, Costs, and Profits Projections to See if They Meet Company Objectives If Yes, Move to Product Development If No, Eliminate Product Concept Source: Prentice Hall
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  • 16. New Product Development Process TEST MARKETING Standard Test Market Full marketing campaign in a small number of representative cities. Simulated Test Market Test in a simulated shopping environment to a sample of consumers Controlled Test Market A few stores that have agreed to carry new products for a fee Source: Prentice Hall