_____ is the process of making the new product available to consumers.

Question

Quizplus · Accepted Answer

Commercialization is the process of introducing a new product into the market, making it available for sale and distribution to the target customers. It involves all the activities necessary to bring the product to market, such as setting up distribution channels, creating marketing campaigns, and establishing pricing strategies. Test marketing is a part of the process of commercialization, which involves introducing the product to a small segment of the target market to assess its appeal and potential success. Breakeven is a financial concept that determines the point at which a company's total revenue equals its total costs, while pricing psychology refers to the influence of the price on the consumer's perception of the product and their buying behavior.

_____ Is the Process of Making the New Product Available