Market New Products Successfully is the definitive guidebook for using simulated test marketing (STM), a technology that can help companies dramatically improve the odds of introducing a successful new product or service. The book examines why STM is important, what the differences are between the major systems, how to do a simulation, and what insights it offers a marketing plan. It is the ultimate guidebook for any smart marketer looking to improve the financial outcome of the innovation process.
This book really is the definitive guide for using Simulated Test Marketing (STM), a technology that can help companies increase the chances of having a successful introduction of a new product or service. Not only does the book provide a balanced view of the differences among various major systems, but also shows the reader how to actually do an appropriate simulation, and tells the reader what insights the results provide to a markeing plan. I can't see how any marketer involved with new product innovation would not be better off after having read this book.
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