2. evaluation and selection of the concept (the Idea screening.) After you have an idea about a new product, you will need to apply these concepts.Make an evaluation and selection of the best ideas and the most suitable for development.And test the concept further. 3. development and testing of the concept (the Concept development and testing). When you have the best ideas and the most suitable from the second step. The next step is to apply the concept.Through the selection and the development of more precise, and experimenting with the consumer group.Targets to measure and to accept the new products. 4. the development of a marketing strategy (Marketing strategy development). In this stage is to develop a marketing strategy: defining the objectives and targets.Marketing Making Marketing STP (segmentation target market selection, market and.Position of the product) and a marketing strategy part composition (P's Marketing Mix: 4). 5. an analysis of the business environment (Business analysis)It is an analysis of the situation and the possibility of business. In this release, such as product predictions to purchase requirements. The costs and the profits to be obtained, etc. 6. product development (Product development). When a new product concept through all 5 steps and stages. In this stage.It is developing the concept into a product that is a draft. 7. test the market (Market testing). Before product release should have tested the market by may be made in the form of.Released in a limited scope, or to make a consumer product or consumer trial. In order to measure the acceptance of lead. Make good points, bad points, for a product to be.Revision to better meet the needs of most customers. 8. business (Commercialization).When a product has passed testing market. In the end, it will lead to new products.Released on the market that actually has a plan. This stage is the stage of the new product introduction (Introduction Stage) of the product's life cycle (Product life Cycle: PLC).
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