In the product development process, what takes place between concept testing and market testing? securing financial backing conducting marketing research brainstorming performing product development determining potential roi

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celai
The answer is product development. The formation of products with new or dissimilar features that agreement new or additional welfares to the customer. The product development may include alteration of an current product or its performance or formulation of an completely new product that gratifies a afresh distinct customer want or market place.