Product development! definition and importance.

TOZZIBLINKZ

VIP Contributor
By definition and description product development refers to a condition in the business organisation where business owners or business managers choose to upgrade their products thereby turning it into a kind that is more acceptable and more purchased by customers and clients. The main reasons for product development is because of the fact that client and customers needs and wants must be satisfied in order for businesses to make profit and to make income. One of the things that usually lead to product development is basically the fact that most clients and customers usually make comments and remarks on how the use of a particular product have impacted their existence. If the remarks and comments on a particular product are not something to be bothered about then that means that the products gives 100% good and effective to the use of each customers and clients but when the remarks and comments on the particular product is questionable and unsatisfying then that simply means the business organisation responsible for the production of such products should definitely make an upgrade or development on their products.

Manufacturers and producers of goods and services should always understand that's the production of goods and services is not for the purpose of their own satisfaction, but rather for the satisfaction of those going to use it, that is the customers and clients and even if they have to customise their business product to suit the taste and preference of members of the public.
 

CALVINDOL

VIP Contributor
Product development in a business organisation is actually fueled by the reviews and comments of customers and clients to a business organisation. Business managers and business owners should understand that if they want to make expected and realistic amount of income and profit they should always upgrade or make their business goods and services in such a way that meets the needs and wants of customers and clients and if customers and clients are not satisfied with their business products, it would be absolutely better in the business organisation does an upgrade or a development in their product making it more suitable and more capable to satisfy the needs and wants of does patronizing them, that is a business customers and clients.

It is not all about having a product for sale but rather it is all about having the quality and adequate product for sale, and such a product must be able to give customers and clients to a business organisation what they absolutely need and desire.
 
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