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How do you know that your product / service idea represents a real business opportunity ?

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تاريخ النشر: 2015/02/18
Emad Mohammed said abdalla
من قبل Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

Commercialisation is the process of introducing a new product or service into the market. It means making a concept or idea into a real business opportunity.

 

For example, a person has a new business idea for a new tool to help tradies. To go through the commercialisation process he/she needs to undergo a process of market research and consultation, development, prototyping, drawing up business, marketing and distribution plans,  and protect his/her intellectual property before it becomes commercially available in the mass market for sale.

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