What is a "new-to-the-world" product, and how does this type of product impact markets and consumer preferences? Use an example to explain this concept.

Name: What is a "new-to-the-world" product, and how does this type of product impact markets and consumer preferences? Use an example to explain this concept.
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The Answer of What is a "new-to-the-world" product, and how does this type of product impact markets and consumer preferences? Use an example to explain this concept.

What Is a "New-To-The-World" Product, and How Does This Type