There are 3 considerations to make on the pathway to SUCCESSFUL commercialization.
The early stages of commercialization are most exciting, but if you miss the next steps, success won't be an option for your project!
There will be many challenges that are experienced along the development path that will require tradeoffs in product features versus unit costs. Constant consideration of the objectives defined in the ideation stage are imperative for effective commercialization. This evaluation should span the entire development process.
- Target Acquisition Price
- The Economics Challenge
- How to Overcome Obstacles
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