Steps involved in new product development process
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8 Step Process Perfects New Product Development
Step 1: Generating.
Step 2: Screening The Idea.
Step 3: Testing The Concept.
Step 4: Business Analytics.
Step 5: Beta / Marketability Tests.
Step 6: Technicalities + Product Development.
Step 7: Commercialize.
Step 8: Post Launch Review and Perfect Pricing.
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