Product Development

Posted in Marketing and Strategy Terms, Total Reads: 3688

Definition: Product Development

Product development can be developing a completely new product that is New Product Development (NPD) or modifying or improving its existing product. All this helps to target new customers as well the existing customers.


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Browse definitions and meaning of more concepts and terms similar to Product Development. The Management Dictionary covers definitions and overview of over 7000 business concepts from 6 categories.

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