Focuses on introducing new products to an existing market.
MEDIUM RISK
2
15 reads
CURATED FROM
IDEAS CURATED BY
4 Simple Ideas that help us understand risks in growing our business.
“
The idea is part of this collection:
Learn more about startup with this collection
How to prioritize tasks effectively
How to manage your time efficiently
How to reduce stress and anxiety
Related collections
Similar ideas to 2. Product Development
Exploitation involves improving and refining existing products and processes. This typically happens through a focus on efficiency and execution.
In contrast, the focus of exploration is on identifying new ideas and ways of doing things. This involves thing...
Category design is a business strategy in which it focuses on creating a new marketing category instead of creating a "better" product in an already existing category.
Basically, by establishing a new niche that is free of competition, your company has an excellent chance ...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates