Cheat Sheet / Updated 05-03-2022
To take your product idea from planning to the market, have a look at how the new product development process works. Also check out product development terms and phrases, so you’re able to understand and contribute at meetings and events.The development cycleSo you can turn your great ideas into money, take a look at how the cycle of new product development evolves, from inception to successfully marketing and selling your product:
Product development lingoGet to know the following product development language so you’re on top of your game and your head isn’t spinning from all the jargon used during meetings and conventions:
Product development acronyms
B-2-B, B-2-C: When a business sells to another business, it sells “B-2-B”; when a business sells to a customer, it sells “B-2-C.