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A post-launch review is a critical part of the product development process as it allows for an evaluation of the product's performance after it has been introduced to the market. It assesses different areas of a product's development, its impact on the company, and the customer and retailer relationship. It also helps to identify how much the company is lagging behind or exceeding its competitors because of this product, and how well the company is adhering to regulatory compliance and environmental regulations. This review provides valuable insights that can be used to make improvements in future product development cycles.
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At the end of the product development process, it's time for an evaluation via a post-launch review. Assess different areas of a product's development, how they did or didn't benefit the company or impacted the customer and retailer relationship. Other questions to ask are how much is the company lagging behind or exceeding its competitors because of this product? Or how is the company adhering to regulatory compliance and environmental regulations?
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How do you stay innovative and provide the right values for customers? Effective product development allows companies to sustain, grow, and thrive in ...
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