Product Development Brainly. Idea generation- the first stage of product development process is to generate the idea regarding new product development as the existing product becomes obsolete with the time and technology. Brainly recently appointed Rajesh Bysani as its new Chief Product Officer CPO.
That being said in. A new product opens a whole new market. Idea generation can be done through research of the market sources like consumer liking disliking competitor policy etc.
The steps in product development include drafting the concept creating the design developing the product or service and defining the marketing.
However product development wont tell you that. Brainlys Product Teams are deliberately designed to be self-sufficient and able to take care of a particular value stream from end to end. All the processes that are involved in formulating any new product in the market or modifying and presenting any existing product in the market are understood as product development. Have you discovered something new.
