Keywords:being ahead of the competition, bringing new product to market, competitive advantage, innovation, know-how, promotion of new product, success factors
Citation: Svetlana Sterkhova (2010). New Product: Key Success Factors. Russian Journal of Entrepreneurship, 11(4), 32-36. — url: http://bgscience.ru/com/lib/1986
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Abstract:
Bringing a new product to a market involves the creation of new promotion ideas and their implementation with a maximum mobility and speed. Being ahead of the competition is the key success factor in the most markets. However there is another way for achieving a stable and long-term competitive advantage in the market - application of a tried business process, which clearly
determines all actions and their interrelations when bringing the product in the market. These questions are discussed in the article.