New Product: Key Success Factors

Svetlana Sterkhova

Journal paper

Russian Journal of Entrepreneurship *
№ 4-1 / April, 2010
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Abstract:
Bringing a new product to a market involves the creation of new promotion ideas and their implementation with a maximum mobility and speed. Being ahead of the competition is the key success factor in the most markets. However there is another way for achieving a stable and long-term competitive advantage in the market - application of a tried business process, which clearly determines all actions and their interrelations when bringing the product in the market. These questions are discussed in the article.

Keywords: innovation, competitive advantage, know-how, promotion of new product, success factors, bringing new product to market, being ahead of the competition

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