Commercialization

Of the eight stages involved in the new-product development process, commercialization is where the rubber meets the road. A complete market strategy for commercializing a new product must consider when, where, how, and to whom the product will be introduced. While market-entry timing, geographic rollout market identification, and early adopter/heavy user/opinion leader identification is critical, it is the execution of the introductory market strategy that will ultimately spell success or failure. Apple Computer’s marketing plan for the launch of its iMac computer...