Product Development Research In China
The rapid pace of market change in China and the Asia-Pacific means that the types of products and services in demand are constantly evolving. Without keeping sufficiently up-to-date with customer needs and aggressively introducing new products and technology to meet market needs, growth and profits are likely to suffer.
The key to successful product development research comes from an understanding of what customers do and don't value, rather than simply from asking them to submit their own solutions. Effective new product development research doesn’t just look at the product in isolation; the product, the packaging, the advertising and the pricing strategy are all integral parts of the research.
Launching new products in less familiar markets such as China implies considerable risk for the investing company. B2B International has shown that thorough, well planned research can help pinpoint the richest areas of opportunity and therefore prioritise the most promising areas of product development.
To learn more about how B2B International can help you, contact our Product Development Research Team.