Factors of Success in New Services Development (NSD) Processes - Service Factors
7 important questions on Factors of Success in New Services Development (NSD) Processes - Service Factors
What do service factors include as essential elements?
- Service advantage
- Service-company synergy
Where does the product advantage refers to?
From which elements can this fit result?
- Financial resources
- Marketing expertise
- Marketing resources
- Delivery systems
- Technology systems
- Product assortment
- Management expertise
- Market research expertise, and so forth.
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Which 2 main types of service-company synergy is recognized by the literature?
- The innovation-market synergy
- The innovation-technology synergy.
What does innovation-marketing synergy indicate?
Whether the new service can take advantage of the current marketing skills and resources (e.g. sales force, distribution, advertising, promotion, market research and customer service/delivery)
What does innovation-technology synergy suggest?
Whether the new service can make use of the current technological skills and
resources (e.g. production and engineering).
What are competitive products?
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