A New Product Introduction in to the Market Features
Journal: International Journal of Trend in Scientific Research and Development (Vol.4, No. 6)Publication Date: 2020-10-08
Authors : Margarita IÅ¡oraite;
Page : 1184-1188
Keywords : new product; micro environment; PEST; SWOT;
Abstract
The article analyzes the peculiarities of introducing a new product to the market. The concept of a new product, the environments for the introduction of a new product to the market are examined both external and internal environments, SWOT analysis is performed. When introducing a new product to the market, it is important to analyze the trends in the introduction of new products to the market. It is important to analyze the product very well because a good idea is just the beginning. When introducing a new product to the market, it is important to understand the advantages of the offered product in the context of competition. In order to lead the market, companies must offer new products to the market innovations. Innovation is an essential condition for becoming a leading company. The most successful new products are those that offer a better solution and clearly communicate to the consumer who they are. Margarita IÅ¡oraite "A New Product Introduction in to the Market Features" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33590.pdf Paper Url: https://www.ijtsrd.com/management/marketing/33590/a-new-product-introduction-in-to-the-market-features/margarita-i%C5%A1oraite
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