Discuss and suggest some feasible application considerations when developing a new product development strategy for Google Glass.
Market Analysis
The new product development strategy is the strategies in spite of evidence of its success. In new product development, researcher found that many managers hesitate to establish a policy for new product development said by (C.M.Crawford, 1972). The new product development strategy is the first stage need to be done on a company before they launch a new product to the market. In the other hand, there are basic steps need to include in the new product development steps there are concept, ideation, design, test, and release. Due to the research, the benefit after implement those steps to a new product development lead the company to the profits increasing.
For Google glass, first the concept need to be define clearly and considerations need to be concern for the new product development. Next market strategy will be market analysis because there are several points need to be analyzing in the market analysis such as target market, market opportunity, and market segmentation. Target market is the main group of user that been targeted who will be using the product which
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