The Importance Of Customer Input In The Development Of Very New Products

Topics:
Product Development and Design
Tags:
Business Operations,
Strategy,
Research & Development,
Product Development,
Networking,
Marketing Research,
Marketing,
Management,
Importance,
Customer,
...
Source:
Carleton University

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Overview: This paper explores the acquisition of customer input and its importance in the development of very new products. Data were gathered on 55 product development projects from the computer telephony integration industry - a new industry experiencing rapid technological change. The data were used to test hypotheses concerning the relationships between product newness, the importance of customer input in the development process, and the use of customer intensive market research methods. We found that the importance of customer input increases with market newness of a product up to a point and then drops off for very new products, whereas the importance of customer input increases with technological newness of a product without dropping off.

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Format: PDF | Size: 196KB | Date: Jul 2003 | Pages: 45


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