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The Product Development Process
Marketing · Grade 11 · Product Development and Branding · 3.º Período

The Product Development Process

Students trace the journey of a new product from idea generation and screening to commercialization.

Ontario Curriculum ExpectationsBMI3C - The Marketing Plan: Describe the steps in the product development process.BMI3C - The Marketing Plan: Explain the importance of innovation in product development.

About This Topic

Students trace the journey of a new product from idea generation and screening to commercialization.

Key Questions

  1. How do companies generate new product ideas?
  2. What is the purpose of test marketing?
  3. Why do many new products fail?