What is Commercialization?

Commercialization Definition

Commercialization is the process of bringing new products or services to market. The launch or commercialization of a new product is considered the final stage of new product development (NPD). At this point production, distribution, marketing, sales, customer support, and other key functions are needed to ensure commercial success.

What is Commercialization

FAQs

Why do you commercialize a product?

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What is Commercialization in new product development?

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Why is commercialization of technology necessary?

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What are the challenges for commercialization?

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