Market-driven innovation success requires a market orientation mindset and must address the demand drivers in the value-adding chain.
When the market is new and the products are new, you end up with radical new ventures and/or new technologies, but new product development needs to be driven by facts from the customers.
Where should businesses focus resources to better serve their existing customers and to find new customers and new markets?
Marketing defines, develops, and delivers the entire business offering to the market. It’s the management process through which goods and services move from concept to the customer or end user.
The go-to-market strategy contains all of the work that a marketing unit must do to generate growth and profits. Download our latest white paper to learn more.
Targeted Market Commercialization Planning readies the organization to implement, by engaging the work that must be completed for effective commercialization.
The expected goal of pricing policy is to maximize long-term earnings. But how do you determine the best price? What is the core issue?
Innovation can be even more powerful with ingredient branding—products that not only add functional value, but their logo on branded products or services adds its own brand power to the branded product.
Business leaders are beginning to focus more on execution than process. This means taking faster actions with less emphasis on outdated controls. But how do we do that without risking what we have today?
Successful commercialization of a new innovation requires a good understanding of the demand drivers for change.
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