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Home arrow Frequently Asked Questions arrow FAQs About Market Research arrow What is New Product Development (NPD)?
What is New Product Development (NPD)? PDF Print E-mail
Written by DJS Research Ltd   
05 Jan 2011
New Product Development, as explained by DJS Research Ltd.

Research designed to generate ideas for new and original products and services. New product development might involve numerous stages and various research methodologies, both qualitative and quantitative, including: market exploration, idea generation and development, product development, packaging design and evaluation and advertising development. A similar approach is often used when a company wishes simply to improve or extend an existing range, as well as when existing brands seek to create new products.

For further information please visit DJS Research, a full service market research agency. Alternatively, feel free to call them on +44 (0) 1663 767857

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Last Updated ( 17 Jul 2012 )
 
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