Product Development
Product development is the processes required to bring a product from being a concept through to reaching the market. There are many steps required to take a product from the early stages in the product development process, from product idea generation and market research through to research and development, manufacturing and distribution.
Product development strategies are important to ensure value for your potential customers, as well as ensuring that there is demand and that your final products are of the highest possible quality before your take the products to market.
The very best products also help society improve, whether through the product line itself or through the employment and income generation the new items deliver.