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introduction to business concept development - Coggle Diagram
introduction to business concept development
definition
fundamental prerequisite for the existence of a company. It does not have to be unique in for the company to be successful
development process
Brainstorming to create a potential product or service concepts
Performing customer research to target your ideal customer.
Estimating the market potential for your product or service concept
Creating a prototype for your product
Devising a marketing strategy
Performing test marketing
Evaluating your results
roles
manager
marketing manager
product manager
project manager
finance manager
human resources manager
importance
Follow a process of how will assess a business idea or concept
Decide whether to move forward with the project and build a business it it is decided to move forward