Top Thing to keep mind while product selection

What is the secret to new product success? While it is different for every product, here are some basic tips for getting your product launch right.

• Timing
• Price
• Packaging
• Your new product’s name
• Promotion
• Know your target market
• Know your competition
• Reviews
• Important parameter in product selection
• Be clear about your reasons for exporting.
• You want to boost turnover and spread your costs.
• You are looking for new markets.
• You have built up a strong domestic base and want to maintain your rate of growth.
• You have an internationally competitive innovation.
• Your customers expect you to operate on an international basis.
• You want to extend the lifecycle of your products.
• You are receiving foreign enquiries or attracting international visitors to your website.