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  • Marketing Information Management
  • This is the first step in developing a product. Businesses need information to make good marketing decisions. This  involves gathering, accessing, synthesizing, and evaluating information.
  • This is one of the most difficult parts of developing a product. This involves determining and adjusting prices to maximize return and meet customers wants.
  • Pricing
  • This is the most important part of developing products. It consists of  obtaining, developing, maintaining, andimproving a product or service mix in response to market opportuni- ties.
  • Product Service Management
  • Promotion
  • So we've concluded our meeting about goods, services, images, and/or ideas to achieve a desired outcome.
  • Distribution
  • The business i work for developed a product, got a price, and passed it through executives and now its ready for distribution which is my job.
  • Selling
  • Here is my product and i'm ready to present it to my customers.
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