Global Certificate in Segmentation and Innovative Product Development
-- ViewingNowThe Global Certificate in Segmentation and Innovative Product Development is a comprehensive course designed to equip learners with essential skills for career advancement in today's dynamic business landscape. This course emphasizes the importance of product segmentation, a critical aspect of product development that involves dividing a market into distinct groups of consumers with similar needs or characteristics.
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โข Market Segmentation: Understanding the market and dividing it into segments based on various factors such as demographics, geographic location, needs, and behaviors.
โข Customer Profiling: Identifying and understanding the target customers through data analysis and research. This includes creating buyer personas and analyzing their needs, behaviors, and pain points.
โข Product Differentiation: Determining what sets the product apart from competitors and how to communicate that to customers. This includes identifying unique selling points (USPs) and value propositions.
โข Innovative Product Development: Creating new and innovative products that meet the needs of target customers. This includes ideation, concept development, prototyping, and testing.
โข Product Lifecycle Management: Managing the entire lifecycle of a product from conception to retirement. This includes planning, development, launch, growth, maturity, and decline.
โข Product Marketing: Developing and implementing marketing strategies that effectively communicate the value of the product to the target customers. This includes product positioning, messaging, and promotion.
โข Customer Experience Design: Creating products that provide a seamless and enjoyable experience for customers. This includes user interface (UI) design, user experience (UX) design, and service design.
โข Innovation Management: Managing the innovation process to ensure consistent and sustainable growth. This includes idea management, ideation, concept development, and portfolio management.
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