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- Here are some product innovation ideas12:
- Develop new products that answer the needs of consumers or create new demand.
- Continuously improve core products and make incremental innovation a habit.
- Redefine competition by taking existing products to new channels or markets.
- Consider historical innovations like the wheel, printing press, lightbulb, automobiles, computers, cellular phones, and the internet2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Leading companies use product innovation to get ahead of their peers in three ways:
- Develop new products that answer the needs of their consumers or create new demand for them.
- Continuously improve on their core products and make incremental innovation their second nature.
www.viima.com/blog/product-innovation9 Innovative Product Examples
- 1. The Wheel Invented around 4000 BCE, the wheel is one of the earliest recorded innovations. ...
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