How do you build a product from scratch and ensure it is a profitable business?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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How do you build a product from scratch and ensure it is a profitable business?

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Step 1

How to Create a Product from Scratch?

Making a product from scratch is a huge challenge. If you control to develop a high-quality product Manage to the needs of your customers, it will obviously increase your chances of achieving your business goals. However, this is a very complex methods with many threats. Let's look at the details and data to keep in mind.

There are many kinds of approaches to making a product from scratch. In this article, I would like to simple outline Codest’s vision that we improvement on a regular basis. I have listed some of the most significant steps, the foundations for effective product development based on the work of software development team and UX/UI designers. Here are the key levels of the process:

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