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Product concept

Index Product concept

A product concept is a description of a product or service, at an early stage in the product lifecycle. [1]

Table of Contents

  1. 10 relations: Cost, Customer experience, Harvard Business Review, Market analysis, New product development, Product lifecycle, Strategic fit, Systems architecture, Target market, Wiley (publisher).

Cost

Cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore.

See Product concept and Cost

Customer experience

Customer experience, sometimes abbreviated to CX, is the totality of cognitive, affective, sensory, and behavioral customer responses during all stages of the consumption process including pre-purchase, consumption, and post-purchase stages.

See Product concept and Customer experience

Harvard Business Review

Harvard Business Review (HBR) is a general management magazine published by Harvard Business Publishing, a not-for-profit, independent corporation that is an affiliate of Harvard Business School.

See Product concept and Harvard Business Review

Market analysis

A market analysis studies the attractiveness and the dynamics of a special market within a special industry.

See Product concept and Market analysis

New product development

In business and engineering, product development or new product development (PD or NPD) covers the complete process of bringing a new product to market, renewing an existing product and introducing a product in a new market. Product concept and new product development are product development.

See Product concept and New product development

Product lifecycle

In industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering, design and manufacture, as well as the service and disposal of manufactured products.

See Product concept and Product lifecycle

Strategic fit

Strategic fit expresses the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment.

See Product concept and Strategic fit

Systems architecture

A system architecture is the conceptual model that defines the structure, behavior, and more views of a system.

See Product concept and Systems architecture

Target market

A target market, also known as serviceable obtainable market (SOM), is a group of customers within a business's serviceable available market at which a business aims its marketing efforts and resources.

See Product concept and Target market

Wiley (publisher)

John Wiley & Sons, Inc., commonly known as Wiley, is an American multinational publishing company that focuses on academic publishing and instructional materials.

See Product concept and Wiley (publisher)

References

[1] https://en.wikipedia.org/wiki/Product_concept

Also known as Definition of Product Concept.