A marketing strategy that involves creating new goods and services for existing markets is a product development strategy.

Name: A marketing strategy that involves creating new goods and services for existing markets is a product development strategy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A product development strategy involves creating new products or improving existing products to offer to current markets, aiming to meet changing customer needs or leveraging new technology.

A Marketing Strategy That Involves Creating New Goods and Services